FEC approves 2019 budget proposal

The Federal Executive Council, FEC, on Friday, approved the 2019 budget proposal. FEC made the approval at its special session presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja. Though the meeting was scheduled to take one hour, it lasted for about two hours thirty minutes as it started by 10:30am […]

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V.P Yemi Osinbajo presides over FEC meeting

Nigerian Vice President, Professor Yemi Osinbajo, Wednesday, presided over the Federal Executive Council, FEC, meeting.

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Buhari may present 2019 budget later this month

President Muhammadu Buhari may present the 2019 Appropriation Bill to the National Assembly later this month, Correspondent has learnt. Our correspondent learnt on Sunday that work on the fiscal document had reached an advanced stage with the conclusion of defence by Ministries, Departments and Agencies on Saturday. It was further learnt that what was left […]

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FEC approves 2019 – 2021 MTEF, pegs oil price at $60 / USD

The Federal Executive Council, FEC, on Wednesday approved the 2019-2021 Medium Term Expenditure Framework, MTEF, and Fiscal Strategic Paper, FSP now to be sent to the National Assembly for its consideration and approval. FEC also approved a budget proposal of ₦8.73 trillion for the 2019 fiscal year which is about N400 billion lower than that […]

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FEC approves implementation of strategic roadmap for new digital identity

The Federal Executive Council (FEC) has approved the immediate commencement of the implementation of a strategic roadmap for a new digital identity ecosystem in Nigeria. FEC at its weekly meeting held last week and chaired by President Muhammadu Buhari, opened a new chapter in giving Nigeria a credible and robust identity management system with the […]

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Yemi Osinbajo

FEC approves ₦348.59 billion for Akwanga-Gombe road

The Federal Executive Council, FEC, yesterday, approved ₦348.59 billion for the expansion of the road linking Akwanga through Jos, Bauchi to Gombe. FEC also approved ₦12.104 billion for ecological projects in 12 states across the country and World Bank’s $150 million credit facility in support of polio eradication in the country, especially in 12 states […]

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FEC approves ₦122.2m for Mangu water project completion

The Federal Executive Council, FEC, on Wednesday approved the purchase of medical and laboratory equipment worth ₦103.7 million for the Nigerian Ports Authority. The Minister of Transportation, Rotimi Amaechi, who disclosed this while briefing State House correspondents after the FEC meeting presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja, said […]

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Babatunde Raji Fashola

FEC approves ₦35.6bn for reconstruction of roads, bridge – Fashola

The Federal Executive Council (FEC) presided over By President Muhammadu Buhari on Wednesday approved ₦35.6 billion for reconstruction of roads and bridge in the country. The Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this when he briefed State House correspondents at the end of the Council’s meeting held at the Presidential Villa, […]

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FEC approves ₦185 billion for repair, construction of 14 roads

The Federal Executive Council on Wednesday approved the rehabilitation, repair and construction of 14 roads in different parts of the country. The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, disclosed this to State House correspondents at the end of the FEC meeting presided over by President Muhammadu Buhari. The presidential […]

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Fayemi

Kayode Fayemi bids FEC bye

The Federal Executive Council (FEC) meeting presided over by President Muhammmadu Buhari, yesterday, held valedictory session in honour of Minister of Mines and Steel Development, Kayode Fayemi, who resigned as a cabinet member. This was just as Buhari assured Fayemi that cabinet members will be in Ekiti for his inauguration as governor. “Goodby; we will […]

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FEC approves $995 million, ₦15.45 billion for roads

The Federal Executive Council (FEC) yesterday approved $995 million and N15.45 billion for two roads. Minister of Power, Works and Housing, Babatunde Fashola briefed State House correspondents at the end of the meeting presided over by President Muhammadu Buhari. With him were Minister of Information and Culture Lai Mohammed, Minister of Transportation Rotimi Amaechi, and […]

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Babatunde Raji Fashola

FG disburses fresh ₦80bn, ₦18.87bn for Lagos-Ibadan road and 3rd Mainland Bridge repair

The Federal Executive Council on Wednesday approved additional ₦80bn for the rehabilitation of Section II of Lagos-Ibadan Expressway from Sagamu to Ibadan. The Minister of Power, Works and Housing, Babatunde Fashola, disclosed this to State House correspondents at the end of the council’s marathon meeting presided over by Vice President Yemi Osinbajo at the Presidential […]

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