FEC Archives — Page 2 of 2 — City Business News

August 4, 2022 No Responses

FEC Approves $2.59b For Badagry Seaport, N2.6bn For FCT Security Vehicles, Gadgets

The Federal Executive Council (FEC) has approved $2.59 billion for the development of Badagry Deep Seaport in Lagos State. The council also approved N2.6 billion for the procurement of utility vehicles and gadgets for security agencies operating in the Federal...

July 21, 2022 No Responses

FEC Approves N7.4b For Irrigation, Aviation Equipment

The Federal Executive Council (FEC) has approved a contract worth N6 billion as augmentation for the Chochi irrigation project in Adamawa as well as N1.4billion for procurement of aviation equipment. Ministers of Water Resources, Sulieman Adamu, and Aviation...

July 7, 2022 No Responses

FEC Approves N22b For NCDMB Conference Hostel Facility

The Federal Executive Council (FEC) has approved N22 billion for the construction of a conference hostel facility for the Nigeria Content Development and Monitoring Board (NCDMB). The facility is to be located opposite the NCDMB building in Yenegoa, the ...

March 17, 2022 No Responses

FEC Approves Bill To Repeal CCB, CCT Act

The Federal Executive Council(FEC) has approved a bill seeking the repeal of the Code of Conduct Bureau(CCB) and Code of Conduct Tribunal(CCT) Act. Abubakar Malami, Attorney-General of the Federation and Minister of Justice, briefed State House cor...

January 20, 2022 No Responses

FEC Approves NIMASA, NPA, NRC Contract Proposals

The Federal Executive Council (FEC) has approved contract for clearing of equipment for the Deep Blue Project. Briefing Journalists after the FEC meeting on Wednesday, Minister of Transportation, Rotimi Amaechi explained that the N2.8bilion contrac...

December 16, 2021 No Responses

FEC Approves $1.9b To Boost Power Supply To 7,000 Megawatts

The Federal Executive Council (FEC) has approved $1.9 billion for the procurement of equipment for the nation’s power sector as part of measures to boost power supply across the country, through the Presidential Power Initiative. Briefing Jour...

November 11, 2021 No Responses

FEC Approves National Development Plan For 2021-2025

The Federal Executive Council(FEC) has approved the National Development Plan(NDP) for 2021 to 2025 to succeed the Economic Recovery and Growth Plan(ERGP) which expired in December, 2020. Minister of Finance, Budget and National Planning, Zainab Ahmed,&n...

September 29, 2021 No Responses

FEC Approves 14 Days Paternity Leave For Public Servants

The Federal Executive Council (FEC) has approved the introduction of 14 days of paternity leave for public servants in the new Public Service Rules(PSR). Folashade Yemi-Esan, Head of Service of the Federation (HoSF), briefed State House correspondents after ...

September 9, 2021 No Responses

FEC Approves Deployment Of 5-G Network

The Federal Executive Council (FEC) has approved the policy on deployment of Fifth Generation network, popularly known as 5-G The Minister of Communication and Digital Economy, Prof. Isa Pantami, made this known to State House Correspondents at the end o...

April 1, 2021 No Responses

FEC Approves N19b For FCT, Transportation, Aviation Projects

The Federal Executive Council (FEC) has approved over N19billion for various projects for the Ministries of Transportation, Aviation and the Federal Capital Territory (FCT). Ministers of Information and Culture, Lai Mohammed; Aviation, Hadi Sirika and FCT, Muh...

October 14, 2020 No Responses

FEC Boosts NRC‘s Security With N1.28b Equipment, N22b For Apapa-Oworonsoki-Ojota Road

The Federal Executive Council (FEC) has approved N1.28billion for the purchase and installation of security equipment at seven stations of the Nigerian Railway Corporation (NRC) along Abuja-Kaduna-Kano lines. The Minister of Transportation, Mr Rotimi Amaechi, ...