BREAKING: FEC Approves 2025 Budget Proposal With ₦13.13tn Deficit

File photo of an FEC Meeting. The council approved MediPool to lower costs of essential medicines for Nigerians

The Federal Executive Council (FEC) has approved the 2025 budget proposal, with key fiscal benchmarks aimed at driving economic stability and growth. Minister of Budget and Economic Planning, Atiku Bagudu, announced this during a press briefing at the Aso Rock Villa in Abuja after the council’s final meeting for 2024. According to Bagudu, the budget … Read more

BREAKING : University of Abuja Now to be Known as Yakubu Gowon University

  In honor of Nigeria’s former Head of State, General Yakubu Gowon, who recently celebrated his 90th birthday, the Federal Executive Council has approved the renaming of the University of Abuja. Ekohotblog reports that the institution will now be called Yakubu Gowon University, as announced by the Minister of Information and National Orientation, Mohammed Idris, … Read more

Nigerian Govt Plans To Cut TETFund By 30% For Student Loans

TETFund Student Loans

The Federal Executive Council (FEC) has proposed an amendment to the Tertiary Education Trust Fund (TETFund) Act, aimed at allocating 30% of its funds to the Nigerian Education Loan Fund under the Student Loan Scheme. This change is intended to provide a sustainable financial source for student loans, ensuring that Nigerian students have greater access … Read more

Nigerian Govt Proposes NIN Registration, Taxation For Foreigners In Nigeria

FCTA Ground Rent

The Federal Executive Council (FEC) has proposed amendments to the National Identity Management Commission (NIMC) Act of 2007, seeking to include foreigners living and working in Nigeria in the National Identification Number (NIN) registration system. The proposed Economy Stabilization Bill would enable the taxation of expatriates and immigrants with taxable income in Nigeria, mandating the … Read more

FEC Proposes Ten Changes for Economic Advancement (Full List)

The Federal Executive Council (FEC) has given its approval for the Economic Stabilization Bills (ESB), marking a significant step in the government’s Accelerated Stability and Advancement Plan. This decision was reached during the council’s 18th meeting, chaired by President Bola Tinubu at the Aso Chambers of the State House in Abuja. The ESB, based on … Read more

14 Major Decisions Made At Tinubu’s Latest FEC Meeting

Tinubu's FEC Meeting

The Federal Executive Council (FEC), led by President Bola Tinubu, convened on Monday, September 23, 2024, at the Council Chambers of the State House in Abuja. This meeting marked the first since President Tinubu’s return from his recent foreign trips and was attended by ministers and other council members. EDITOR’S PICKS Gospel Singer Dele Gold … Read more

Governors Set Rapid Response Meeting To Address New Minimum Wage Proposal

Governors New Minimum Wage Proposal

Governors of the thirty-six states will meet today to discuss the proposed new minimum wage, having previously rejected the federal government’s ₦62,000 proposal due to financial constraints, while labor unions demand ₦250,000. Eko Hot Blog reports that Governors of the thirty-six states have scheduled an emergency meeting for today, Wednesday, to address issues related to … Read more

FEC Approves Funds for NDLEA Operations

FEC Approves Funds for NDLEA Operations

Eko Hot Blog reports that the Federal Executive Council (FEC) has authorized significant financial allocations aimed at bolstering the operations of the National Drug Law Enforcement Agency (NDLEA) and promoting environmental sustainability through a ban on single-use plastics in federal government offices. Addressing journalists after the FEC meeting in Abuja, Dr. Lateef Fagbemi, the Attorney-General … Read more

FEC Delays Decision On Minimum Wage Memo, Points To Broad Stakeholder Engagement

FEC Minimum Wage Memo

The Federal Executive Council deferred the decision on the new minimum wage memo due to the involvement of multiple stakeholders including local governments, states, the federal government, and labour unions. Eko Hot Blog reports that the Federal Executive Council (FEC) has deferred the memo on the new minimum wage. This online media platform learned that … Read more

FEC Approves Initiative Seeking Private Partnerships For Infrastructure And Housing Sector

President Bola Tinubu preceding over the FEC meeting

The Federal Executive Council met Tuesday and approved a few measures. One of those measures is an initiative aimed at transforming Nigeria’s infrastructure and housing sector through private partnerships. The inister of Finance and Coordinating Minister of the Economy disclosed the development at a press conference. Eko Hot Blog reports that the Federal Executive Council … Read more

Highlights Of Decisions Taken At The Federal Executive Council Meeting Today

Eko Hot Blog reports that President Bola Tinubu on Wednesday, January 17, presided over the Federal Executive Council (FEC) meeting at the State House in Abuja. Wednesday’s FEC meeting is the first one by the Tinubu government in the year 2024. According to the Special Adviser to President Tinubu on Information and Strategy, Bayo Onanuga, … Read more

JUST IN: FEC Approves N27.5trn For 2024 Budget

President Bola Tinubu preceding over the FEC meeting

Eko Hot Blog reports that the Federal Executive Council (FEC) has approved the sum of N27.5 trillion for the 2024 appropriation bill. The council made the approval at its weekly meeting on Monday. President Bola Tinubu is expected to submit the budget to the National Assembly soon. The budget approval comes a few weeks after … Read more

Tinubu Directs Reactivation Of Presidential Project Delivery Tracker

EKO HOT BLOG reports that President Bola Tinubu has directed the reactivation of the Presidential Delivery Tracker to empower Nigerians to track the implementation of projects across the country in real-time. He gave the directive at the closing session of the three-day retreat for Ministers, Presidential Aides, Permanent Secretaries, and other high-ranking government officials held … Read more

Tinubu Presides Over Third Federal Executive Council Meeting

FEC meeting

EKO HOT BLOG reports that President Bola Ahmed Tinubu is currently presiding over the third Federal Executive Council (FEC) meeting of his administration. The FEC meeting, which began around 2:00 p.m., is taking place at the Council Chambers of the State House, Abuja. EDITOR’S PICKS Fani-Kayode Demands Arrest Of Sheikh Ahmad Gumi Over Controversial Comments … Read more

Tinubu Govt Fixes FEC Meetings For Mondays

FEC Meeting

EKO HOT BLOG reports that Federal Executive Council (FEC) meeting has been set to hold on Mondays. Recall that the immediate past administration of President Muhammadu Buhari held its FEC meetings every Wednesday. EDITOR’S PICKS PDP BoT Demands Resignation Of Anyanwu As National Secretary INEC Makes U-Turn On Manually Results Transmission Of Bayelsa, Imo, Kogi … Read more

JUST IN: Tinubu Swears In Three New Ministers

EKO HOT BLOG reports that President Bola Ahmed Tinubu has sworn-in, and inaugurated three new ministers into the Federal Executive Council (FEC). The ministers who took their oath of office are Balarabe Lawal (Kaduna State), Ayodele Olawande (Ondo State), and Jamila Bio Ibrahim (Kwara State). The ministers were sworn in by President Bola Tinubu at … Read more

Why Tinubu Is Yet To Hold FEC Meeting 44 Days After Ministers’ Inauguration

FEC meeting

  EKO HOT BLOG reports that President Bola Ahmed Tinubu has yet to convene the Federal Executive Council (FEC) meeting 44 days after the inaugural cabinet session held on August 28. The FEC, which is chaired by the President, is the executive cabinet that determines the policies and programmes of the Federal Government and serves … Read more

Tinubu To Hold FEC Meeting Today

FEC Meeting

  EKO HOT BLOG reports that President Bola Ahmed Tinubu is set to hold his first Federal Executive Council (FEC) meeting today, Monday. This online media platform reports that the FEC meeting will be held at the Council Chamber at the Presidential Villa in Abuja, with President Tinubu presiding over the meeting. EDITOR’S PICKS ‘We … Read more

FG Grants Nigerian Citizenship To 385 Foreigners

The Federal Government of Nigeria has granted Nigerian citizenship to 385 foreigners. According to Rauf Aregbesola, the Minister of Interior, 317 individuals were given citizenship through naturalization while 68 received it through registration. Rauf Aregbesola stated that all of the candidates satisfied the prerequisites for receiving the honour. EKO HOT BLOG reports that the Federal … Read more