Tag: FEC
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Road Infrastructure: FEC Approves Tax Relief Scheme for Private Sector
The Federal Executive Council on Thursday approved a tax relief scheme to attract private sector involvement in the provision of Federal road infrastructure across the entire country. The approval was the outcome of a Memorandum for the setting up of a Road Trust Fund (RTF) presented by the Honourable Minister of Finance, Mrs. Kemi Adeosun,…
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Buhari presides over FEC meeting, to depart Nigeria for Turkey later
President Muhammadu Buhari on Wednesday presided over the meeting of Federal Executive Council (FEC) in the Presidential Villa, Abuja. The meeting which started at about 10 a.m., was attended by the Vice-President, Prof. Yemi Osinbajo, acting Secretary to the Government of the Federation, Dr Habiba Lawal and cabinet ministers. The president was scheduled to leave…
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Buhari presides over FEC meeting, approves payment of N25.99bn debt to Discos
The Federal Executive Council (FEC) on Wednesday approved the settlement of N25.99 billion debt owed power Distribution Companies (Discos) by the Federal Government. The Minister of Work, Power and Housing, Babatunde Fashola briefed State House correspondences at the end of FEC presided over by President Muhammadu Buhari. According to him, the amount, which has been…
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Photos: Buhari presides over FEC meeting
The President, Muhammadu Buhari is presiding over the weekly Federal Executive Council meeting, currently holding at the Presidential Villa in Abuja. Last week, the Vice President, Yemi Osinbajo presided over the FEC meeting which was held in Abuja. Recall the Osinbajo stood in for President Buhari who attended the United Nations General Assembly meeting in…
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Alhassan, Minister who wants Atiku as president attends FEC meeting with Buhari
The Minister of Women Affairs and Social Development, Sen. Aisha Alhassan who earlier declare her support for the presidential ambition of former Vice President, Atiku Abubakar on Wednesday attended the weekly Federal Executive Council meeting with President Muhammadu Buhari. TheNewsGuru.com reports that the Minister had last week openly declared her support for Atiku in 2019…
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JUST IN: Again, Buhari suspends FEC meeting
President Muhammadu Buhari has again called off Wednesday’s Federal Executive Council meeting. Minister of Information and Culture, Alhaji Lai Mohammed, said in a statement that the meeting was called off due to the inability of the government to prepare for the weekly meeting. In a statement issued in Kano on Tuesday, the Minister said the…
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FEC approves 2018-2020 MTEF, sets oil benchmark at $45 per barrel
The Federal Executive Council, FEC, on Wednesday during its weekly meeting approved the 2018-2020 Medium Term Expenditure Framework, MTEF and the Fiscal Strategy Paper, FSP. The Minister of Budget and National Planning, Udoma Udoma, told reporters in Abuja after the meeting that the highlights of the MTEF showed government’s commitment to achieving seven per cent…
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FEC approves new policies for oil, labour, insists fuel importation will end by 2019
The Federal Executive Council (FEC) on Wednesday approved new policies for oil and labour sectors of the economy. This was revealed by the Minister of State for Petroleum Resources Dr. Ibe Kachikwu and Minister of Labour, Dr. Chris Ngige in an interview with State House correspondents after the FEC meeting in Abuja. TheNewsGuru.com reports that…
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Maitama Sule: FEC observes moment of silence
The Federal Executive Council (FEC) on Wednesday observed a minute’s silence in honour of Nigeria’s one time Permanent Representative to the United Nations and First Republic Minister, Alhaji Maitama Sule. Speaking shortly before observing the moment of silence in Abuja, acting President, Prof. Yemi Osinbajo described the late elder statesman as a father of the…
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Sci-tech will make Nigeria 9th largest economy in the world – Minister
The Minister of Science and Technology, Dr. Ogbonnaya Onu has said if science and technology (Sci-tech) is exploited and harnessed, could result to achieving the projection of Nigeria as the 9th largest economy in the world. The Minister stated this on Wednesday after his Ministry had presented the 2017 to 2030 Science and Technology Roadmap…