Tag: FEC
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FEC returns life to the DSO, By Okoh Aihe
By Okoh Aihe Nigeria is not starved of good people to do us proud. On Monday, Dr Ngozi Okonjo-Iweala demonstrated this in making history as the first African and first woman ever to become the Director General of the World Trade Organization (WTO) to global acclaim. Her first virtual press conference espoused the qualities for…
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FEC approves N9.4bn to complete digital switch-over
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N9.43 billion to complete the digital switch over, which had previously missed the deadline set for implementation. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this to State House correspondents at the end of the meeting in Abuja. Mohammed…
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![FG approves establishment of additional 20 private universities [Full list]](https://thenewsguru.ng/wp-content/uploads/2020/08/Malam-Adamu-Adamu.jpg)
FG approves establishment of additional 20 private universities [Full list]
The Federal Executive Council (FEC) has approved the establishment of additional 20 private universities across the country. Minister of Education, Adamu Adamu, revealed this when he briefed State House correspondents on the outcome of the Council meeting, presided over by President Muhammadu Buhari in Abuja on Wednesday. According to Adamu, the approved universities will get…
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FEC approves Finance Bill 2020
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari on Wednesday approved the Finance Bill 2020, to support the 2021 Budget. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who disclosed this to State House Correspondents after the FEC meeting, explained the bill designed to bring about incremental changes in the…
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FEC approves N4.5bn for exams papers printing, FCT rural roads
The Federal Executive Council (FEC) has approved a total of N4.5 billion for projects in the Ministry of Education and the Federal Capital Territory (FCT) Abuja. FEC at a virtual meeting, which was presided over by President Muhammadu Buhari, approved a sum of N2.9 billion for the printing of both sensitive and non-sensitive examination materials.…
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Hon Nwawuba addresses intricacies of PIB
Given the delay in the passage of the Petroleum Industry Bill (PIB), the Deputy Chairman, House of Representatives Committee on the Niger Delta, Hon Henry Nwawuba has said care must be taken for the National Assembly (NASS) not to pass a bill that will not be of any good to the Nigerian oil and gas…
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FEC approves $3.02bn for reconstruction of Port Harcourt-Maiduguri railway
The Federal Executive Council (FEC) has approved the award of contracts for the rehabilitation and reconstruction of the Port Harcourt-Maiduguri eastern narrow gauge railway, with new branch lines and trans-shipment facilities. The Minister of Transportation, Mr Rotimi Amaechi, made this known when he briefed State House correspondents on the outcome of the 18th virtual meeting…
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FEC approves N13.08tr Budget for 2021
The Federal Executive Council (FEC) has projected a N13.08 trillion budget for 2021. Disclosing this to State House Correspondents after the weekly virtual FEC meeting presided over by President Muhammadu Buhari, the Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, also said the oil benchmark has been pegged at $40 per barrel. The…
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Osinbajo presides over 4th virtual NEC meeting
Vice President Yemi Osinbajo on Thursday presided over a virtual meeting of the National Economic Council (NEC) at the Presidential Villa, Abuja. The meeting was the fourth virtual meeting as the nation complies with the Nigeria Centre for Disease Control (NCDC) protocol on COVID-19 pandemic. The governors joined the virtual NEC from their respective states.…
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FEC approves establishment of new agency to manage recovered loots, assets
The Federal Executive Council (FEC) has approved the establishment of the Proceeds of Crime Recovery and Management Agency Bill. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, stated this on Wednesday after this week’s virtual FEC meeting. According to Malami, the bill is intended to put in place a legal and institutional…