Tag: Federal Executive Council

FEC approves Tinubus 2025 Budget proposal

Aminu Imam
FEC approves

The Federal Executive Council (FEC) has approved President Bola Tinubus 2025 budget proposal. Minister of Budget and Economic Planning, Atiku Bagudu, who disclosed this to State House Correspondents after tge Council meeting in Aso Rock yesterday, also revealed that the proposal was based on an oil price benchmark of $75 per barrel. The Minister said, Today, the Federal Executive Council approved the budget proposals for 2025 with amendments which Mr. President directed following a presentation to the Federal Executive Council led by the Director-General of the Budget Office, Tanimu Yakubu.…

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Crude Oil Theft: FEC approves $21m to meter oil flow stations

Aminu Imam
FEC on crude oil theft

The Federal Executive Council (FEC), has approved the sum of $21 million for the metering of 187 oil flow stations across the Niger Delta region to help promote effective monitoring of the countrys crude oil production and distribution. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, who disclosed this at a press briefing in Abuja on Friday, explained that the metering project is in line with the Government agenda to curb the issues of oil theft bedeviling the countrys oil and gas sector. He said, One of the key…

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Federal Executive Council meeting now to hold every Monday

Aminu Imam

President Bola Tinubu has approved yesterday as the new official day for conducting the Federal Executive Council (FEC) meeting. Minister of Information and National Orientation, Mohammed Idris, announced the development while briefing State House Correspondents yesterday after the meeting, presided over by President Tinubu. The President presides over the FEC meeting, which formerly holds on Wednesdays. It is also attended by the cabinet members, as well as other top government functionaries.

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Pupils to be taught in mother tongue, as FEC approves national language policy for primary education

Aminu Imam

The Federal Executive Council, FEC, has approved a National Language Policy for use in all primary schools across the country. Minister of Education, Adamu Adamu, made this known to State House correspondents at the end of the Council meeting in Abuja yesterday, which was presided over by President Muhammadu Buhari. According to the Minister, the decision is only in principle for now, because it will require a lot of work to implement it. He further revealed that the Council approved a consultancy services agreement between Joint Admissions and Matriculation Board,…

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FEC approves proposed N19.76 trillion 2023 Budget

Aminu Imam

The Federal Executive Council (FEC) has approved the proposed N19.76 trillion budget for the 2023 fiscal year. The Special Assistant to the president on Media and Publicity, Femi Adesina, disclosed this while addressing State House correspondents on the outcome of the FEC meeting. He said the Council gave the approval at its weekly meeting presided over by President Muhammadu Buhari yesterday, in Abuja. Adesina said President Buhari would present the Budget proposal before a joint sitting of the National Assembly on Friday, October 7. The presidential spokesperson, however, declined to…

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FEC approves 20% salary upgrade for Police officers and personnel

Aminu Imam

The Federal Executive Council, (FEC), has approved a 20 percent salary increase for officers of the Nigeria Police Force, (NPF). The Minister of Police Affairs, disclosed this to State House correspondents yesterday, after the FEC meeting, which was presided over by President Muhammadu Buhari at the Presidential Villa, in Abuja. The salary upgrade is expected to take effect in January 2022. According to Dingyadi, the upward review is a product of the issues raised during the #EndSARS protests in October 2020. He said the move is meant to boost the…

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FG approves $1.4bn for rehabilitation of Kaduna, Warri refineries

Aminu Imam

Approves $11.17bn rail project to link coastal cities The Federal Executive Council, (FEC), yesterday approved contracts worth $1.4 billion for the rehabilitation of the Kaduna and Warri refineries. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this to State House correspondents at the end of the FEC meeting presided over by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja. He said the Kaduna refinery would receive $586 million, while $ 897 million has been earmarked for the rehabilitation of the Warri refinery. Nigeria has four refineries, with two located…

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FG approves ‘National Poverty Reduction with Growth Strategy’

Aminu Imam

The Federal Executive Council, (FEC), has approved the National Poverty Reduction with Growth Strategy, (NPRGS), put together by the Presidential Economic Advisory Council, (PEAC). Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, disclosed this to State House correspondents yesterday. According to him, the Steering Committee on NPRGS would be headed by Vice President Yemi Osinbajo, who will provide overall guidance for implementation. He further said that the Council also approved the implementation of the Strategy and its incorporation into the Medium-Term National Development Plan 2021-2025 and…

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“Be committed to Nigerias unity, peace”, Osinbajo urges Nigerians

Aminu Imam

Presides over FEC meeting Vice-President Yemi Osinbajo yesterday urged Nigerians to recommit themselves to the unity and peace of the country. According to an issued statement by his Senior Special Assistant on Media and Publicity, Laolu Akande, the Vice-President spoke in an interview with State House correspondents shortly after he presided over the weekly meeting of the Federal Executive Council, (FEC), at the Presidential Villa, Abuja. He also asked Nigerian Muslims not to see the on-going Ramadan fast as merely a season of abstinence from food, drink and worldly pleasures.…

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FEC approves N20bn for 16 boats for Nigerian Customs

Aminu Imam

The Federal Executive Council yesterday approved a total sum of N20,114,002871 for the procurement of two NC36M patrol boats, seven fast-assault gunboats, seven regular patrol boats, and other equipment for the Nigerian Customs Service, (NCS). The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this after the Federal Executive Council, (FEC), meeting. She said Council also approved the sum of N539,277,673 for the construction of the Federal Inland Revenue Service building at the Ilupeju Medium and Small Taxpayers office, Lagos. Also the Minister of Information and Culture, Lai…

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