How FG will spend N2.1trn supplementary budget; INEC gets N18bn for Kogi, Imo, Bayelsa poll
The Federal Executive Council (FEC) has approved a 2023 supplementary budget of N2.1 trillion while also giving a breakdown of how the money will be used. Minister of Budget and…
Contract padding: China stops advancing loans for rail projects; Amaechi, others fingered
February 7, 2022 Each time China, the main financier of Nigeria’s rail line projects, advances loans to Nigeria for building rail lines, it pads the pocket of some powerful Nigerians…
Buhari presides over longest ever FEC meeting
President Muhammadu Buhari on Wednesday presided over the longest meeting of the Federal Executive Council in the history of his administration. The meeting, which started at about 11:00am at the…
FG Cancels FEC Meeting Due to Political Activities
The Presidency has announced the cancellation of the Federal Executive Meeting for Wednesday, October 3, 2018. This was disclosed by Femi Adesina, Special Adviser on Media and Publicity to President…
Minister of Finance Mrs Kemi Adeosun resigns — Sources
The Minister of Finance, Mrs Kemi Adeosun, has resigned as a member of the Federal Executive Council (FEC). Although the presidency was unable to confirm the resignation, sources, however ,…
N30 billion Mining Intervention Fund: ministry accesses N15 billion
Alhaji Abubakar Bwari, the Minister of State, Mines and Steel Development, says the ministry has been able to access N15 billion from the N30 billion mining intervention fund. Bwari made…
FEC okays N 15.7billion for Enugu-Anambra road project
The Federal Executive Council(FEC)Â on Wednesday approved the sum of N15.7 billion for the completion of a road project that stretches from Enugu State to Anambra State. The Minister of…
FEC approves $150m World Bank credit facility for polio eradication
The Federal Executive Council (FEC) has approved the acquisition of 150 million-dollar World Bank credit facility to support polio eradication in Nigeria. Finance Minister Kemi Adeosun made the disclosure while…
NANS lauds FG’s directive on free tuition in Federal varsities
May 11, 2018 The National Association of Nigerian Students (NANS) has commended the Federal Government’s directive that no Federal university should charge tuition fees. The Spokesman of NANS, Mr Bestman…
NNPC signs contracts for 614km gas pipeline project
April 6, 2018 The Nigeria National Petroleum Corporation (NNPC) has signed contracts for engineering, procurement, construction, commissioning and financing for 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Stations. The NNPC spokesman,…