FG Approves N9.6bn Refund to Plateau, Borno for Road Projects The federal executive council (FEC) has reimbursed the sum of N9.6 billion to Plateau and Borno states governments for road projects executed on behalf of the federal government. The council gave the approval at a meeting...

FEC Approves $196 bpd for 2023-2025 MTEF  The Federal Executive Council (FEC) has approved the 2023- 2025 Medium Term Expenditure Framework (MTEF). The Minister of Finance, Budget and National Planning, Zainab Ahmed, says assumptions for the MTEF were that crude oil price would be at $70 per...

Nigeria Bans Foreigners From Buying Agricultural Produce From Farmers Nigeria's government prohibits foreigners from purchasing agricultural produce directly from farmers. The government says middlemen exploit farmers by buying cheaply and driving up prices. The Federal Executive Council (FEC) announced the ban on its Twitter account, saying...