FEC Approves New Debt Management Strategy 2020 – 2023 –DMO

FEC

Debt management strategy The Federal Executive Council (FEC) has, at its meeting on Wednesday, approved a new Medium Term Debt Management Strategy (MTDS) for Nigeria, for the period 2020-2023, according to the official website of the Debt Management Office (DMO). DMO explained that the MTDS was a policy document that provided a guide to the … Read more

FEC Approves Extension Of Retirement Age For Teachers

Buhari

Federal Executive Council (FEC) on Wednesday approved the bill extending the retirement age for teachers in the country from 60 years to 65 years. The FEC, during its first meeting of the year 2021, presided over by President Muhammadu Buhari, approved the bill titled ‘Harmonized Retirement Age for Teachers Bill, 2021,’ to be sent to … Read more

FEC Okays ₦120.7bn For Roads, Other Projects

President Muhammadu Buhari

Federal Executive Council (FEC) on Wednesday approved a total sum of ₦120.7bn for various projects that cut across states of the federation. As gathered by Eko Hot Blog, the Minister of Works and Housing, Babatunde Fashola disclosed this to State House correspondents at the end of the FEC meeting. Fashola said he presented three memoranda … Read more

FG Approves $3bn For Port Harcourt-Maiduguri Narrow Guage Rail Line

Lagos-Ibadan Rail Project

The federal government on Wednesday disclosed that it had approved the reconstruction and rehabilitation of the Port Harcourt-Maiduguri narrow gauge rail line. Minister of transportation, Rotimi Amaechi made the disclosure while addressing state house correspondents after the weekly federal executive council (FEC). The minister said the rail line, which is valued valued at $3 billion, … Read more

FEC Approves N654m For Procurement Of COVID-19 Machines At Airports

Canada

Federal Executive Council (FEC) on Wednesday approved N654million The Federal Executive Council (FEC) on Wednesday approved N654million for the procurement and rehabilitation of COVID-19 screening machines at the nation’s airports. The Minister of Information and Culture, Alhaji Lai Mohammed, who disclosed this to State House correspondents at the end of the meeting held at the … Read more

Ministry Of Finance, FCT, Others Make Presentations As Buhari Presides Over 12th Virtual FEC

President Muhammadu Buhari is currently presiding over the 12th virtual meeting of the Federal Executive Council (FEC) at the State House, Abuja. The Ministries of Finance, Budget and National Planning; Mines and Steel Development and the Federal Capital Territory are expected to make presentations during the meeting being coordinated from the State House. Those in … Read more

FEC Approves Release Of funds For Phase One Of Siemens AG Power Deal

– FEC has approved release of funds for phase one of Siemens AG power deal – The Minister of Finance, Budget and National Planning made this know in Abuja at the end of the 10th Virtual FEC meeting – She explained that the money is for the counterpart funding for the bilateral credit facility from … Read more

Breaking!!! President Buhari Presides over 10th Virtual FEC Meeting

– President Buhari is currently presiding over the 10th Virtual FEC Meeting. – The meeting observed a minute silent for the departure of Kwara State Governor. – Vice President Osinbanjo is equally in attendance. President Muhammadu Buhari is presiding over the 10th virtual Federal Executive Council (FEC) meeting at the State House in Abuja. The … Read more

Shock As Buhari’s Nominee Dies Unexpectedly

Eko Hot Blog reports that the Senate has exposed how Ministries, Departments and Agencies (MDAs) of the federal government misused the N3.8 trillion they received from the Service Wide Votes (SWV) in four years.

James Kolo, President Muhammadu Buhari’s nominee for Federal Character Commission, FEC, job is dead. Late Kolo who died Tuesday morning after a brief illness, recently appeared before the Senate where he was cleared alongside other nominees including the chairman of the commission also from Kwara state. Read Also: Femi Fani-Kayode To Award 300 Students Scholarships … Read more

BREAKING: COVID-19: FG Suspends Weekly FEC Indefinitely

BREAKING: WAEC Commences From August 17- FG

…. closes all land borders As more cases of Covid-19 keeps surfacing across the country, the federal government has suspended its weekly Federal Executive Council (FEC) meeting indefinitely. The announcement was made known by the Presidential Task Force on COVID-19, on Monday evening at the office of the Secretary to the Government of the Federation, … Read more

FEC Approves N4bn For Completion Of Roads

The Federal Executive Council (FEC) has approved N4 billion for the completion of the road linking Kwara and Osun states. Minister of Works and Housing Babatunde Fashola (SAN) made this known after the FEC meeting. He said that part of the road contract was awarded by the previous administration. “They relate first to Ajase/Ipo/Offa/Erinle Road … Read more

FEC Approves N19.3bn For Road Projects In Fct, Oyo, Kano

The Federal Executive Council has approved the release of N19.3bn for road infrastructures in the Federal Capital Territory, Oyo and Kano state. The Minister of Works and Housing, Babatunde Fashola disclosed this while briefing State House correspondents after the weekly Federal Executive Council, FEC, meeting presided over by President Muhammadu Buhari at the Council Chamber, … Read more

FEC Approves Move To Repeal Geneva Convention

The Federal Executive Council FEC has approved the move by the Justice department to repeal the Geneva Convention in the bid to adjust the rights of prisoners of war. The Attorney General of the Federation and Minister of Justice, Abubakar Malami, disclosed this briefly after the FEC meeting on Wednesday in Abuja. Malami stressed that … Read more

FG To Setup ‘Delivery Unit’ To Monitor Implementation Of Approved Projects Of FEC

Economy: Reviewing FG’s 2019 Revenue Performance

The Federal Government of Nigeria has revealed that its would established a ‘Delivery Unit’ for the purpose monitoring various policies and projectes approved by the Federal Executive Council (FEC). The Permanent Secretary, Cabinet Affairs Office (CAO), Office of the Secretary to the Government of the Federation (OSGF), Mr Babatunde Lawal, disclosed this to newsmen in … Read more

FEC Approves N5.72bn For NDIC Establishment

Osinbajo

The Federal Executive Council FEC has approved N5.72bn for the establishment of National Deposit Insurance Corporation (NDIC). The council gave the approval on Wednesday at the weekly FEC meeting presided over by Vice President, Yemi Osinbajo at Aso Rock. The council revealed that the money was meant for the construction of offices and consultancy services … Read more

FEC Approves New Fund For Road Projects

-FEC approves N8.2billion for the completion and construction of roads across the country The Federal Executive Council (FEC) presided over by President Muhammadu Buhari, on Wednesday, in Abuja approved N8.2billion for the completion and construction of roads across the country. The Minister of Works and Housing, Mr Babatunde Fashola, who disclosed at the end of … Read more

FEC Approves Construction Of 14 Roads

-FEC approves the construction of 14 roads worth N166 billion across Nigeria   – FEC said that roads to be constructed are roads in kano,the Kotangora Rijau road in Niger state, which will involve the construction of two bridges – And also roads in Lagos,Abia, katsina,others The Federal Executive Council (FEC) has approved contracts worth … Read more

FEC Meeting Postponed

– Federal Executive Council (FEC) meeting has been canceled  – The meeting normally comes up every Wednesday of the week – The presidency said the postponement is due to nonavailability of memoranda  Reports have claimed that the Federal Executive Council (FEC) meeting will not hold today, Wednesday, September 5. This is contained in a statement … Read more