The federal executive council (FEC) has approved contracts worth N4.26 billion in various sectors of the economy. Speaking with journalists after the FEC meeting chaired by President Muhammadu Buhari, Ibe Kachikwu,
The post ‘N1.4bn for design of DPR headquarters’ — FEC approves contracts worth N4.26bn appeared first on TheCable. …
FEC
FEC okays N1.4b to design DPR head office
The Federal Executive Council (FEC) has approved a contract worth N1.4billion for the design of the head office building of the Department of Petroleum Resources (DPR). The building itself is to be constructed at a cost of N35billion. Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this while briefing State House correspondents at the […]
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FEC approves four new private varsities, others
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari yesterday approved the establishment of four new private universities in the country. Minister of Education, Adamu Adamu announced the approval to State House correspondents at the end of the council’s first meeting held this year at the Presidential Villa, Abuja. Adamu listed the new […]
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FEC Pleased As Budget Minister Reveals 2018 GDP Growth
The Federal Executive Council on Wednesday received a report detailing the growth of the nation’s GDP in the third quarter of 2018. After the meeting presided over by President Muhammadu Buhari, the Minister of Budget and National Planning, Udo Udoma, told journalists that the council was encouraged by the economy’s steady recovery from recession. … Continue reading FEC Pleased As Budget Minister Reveals 2018 GDP Growth
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N800bn Subsidy Debt: Banks weary of FG’s promissory note
Adewale Sanyaolu Indications have emerged that the inability of the Federal Government and oil marketers to reach a truce over the N800 billion subsidy debts may not be unconnected with the reluctant nature of commercial Banks to accept FG’s promissory note. A Promissory Note, or Note Payable, is a contract between a party who has […]
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Oil marketers suspend planned strike, oppose part payments
Again, Buhari declines assent to Electoral Act
Buhari [/caption]Few months to next year’s general elections and, for the fourth time, President Muhammadu Buhari has declined assent to the Electoral Act 2018 Amendment Bill.
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2019 budget: Buhari convenes special FEC meeting tomorrow
Budget 2019: Buhari to preside over special FEC meeting Friday
President Muhammadu Buhari has called for a special session of the Federal Executive Council (FEC) on Friday to deliberate on the draft 2019 Budget. Special Adviser on media and publicity, Femi Adesina, who announced this […]
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Oil marketers threaten to shut depots over N800bn subsidy arrears
Uche Usim and Adewale Sanyaolu Petroleum marketers have threatened to down tools across all depots in protest against the inability of the Federal government to clear their backlog of about N800billion subsidy arrear. The marketers, under the aegis of Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products […]
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