FEC Awards N2.8bn Contract For Electronic Decongestion Of Prisons   The sum of N2.8bn was approved by the Federal Executive Council on Wednesday to help speed up the decongestion of crowded prisons in the country by digital connectivity. The project will establish a digital web-based, integrated system...

FG Approves $2.9bn Eurobond Issuance To Fund Budget The Federal Executive Council on Wednesday approved the issuance of $2.9bn and other securities in Eurobond from the international capital market. The Minister of Finance, Zainab Ahmed, disclosed this to State House correspondents at the end of the...

FG Rises Enugu-Onitsha Road Contract Cost By N5.4bn The Federal Executive Council on Wednesday approved the increase of the cost of the rehabilitation of Enugu-Onitsha road by N5.4bn. The decision was taken at the weekly meeting of the council presided over by the Acting President, Yemi...

FG To Develop Special Economic Zones With N250bn The federal government wednesday in Abuja unfolded plans to spend N250 billion for the development of special economic zones across the six geo-political zones of the country in pursuit of the country’s industrialisation agenda. Making this disclosure while...

FG Okays N1.6bn Operational Vehicles For Customs The Federal Executive Council on Wednesday approved the contract for the procurement of 68 new pick-up operational vehicles for the Nigeria Customs Service. The Minister of Finance, Kemi Adeosun, disclosed this to State House correspondents at the end of...

Buhari Yet to Receive 2018 Budget   President Muhammadu Buhari has yet to receive the 2018 budget, one week after it was passed by the National Assembly. The Minister of Budget and National Planning, Udoma Udo Udoma, disclosed after the Federal Executive Council (FEC) meeting on Wednesday. The...