Federal Executive Council

The Federal Executive Council (FEC) on Monday approved the award of a contract for the supply and installation of customized explosive and narcotics detection screening systems at five international airports in Nigeria. The Minister of…

In addition to the approval for an airport received during the week, Governor Babajide Sanwo-Olu has received the formal approval to build the Badagry Deep Seaport, which was approved by the Federal Executive Council (FEC) last August.…

The Lagos Chamber of Commerce and Industry (LCCI) has charged the Federal Government to improve on investments in export infrastructure and other mechanisms to sustain the country’s trade surplus of N1. 97 trillion recorded in the second…

The Infrastructure Concession Regulatory Commission (ICRC) said that it is readily available to assist the 36 states and the Federal Capital Territory to take on viable infrastructure projects using Public Private Partnerships (PPP).…

Federal government has announced that the five per cent excise duty on telephone calls and short message service (sms) must be remitted by telecommunication firms by 21st day of every month. The telecom operators will collect the new tax…

The Federal Executive Council (FEC) has approved the development of the Badagry Deepsea Port. The Special Assistant to President Muhammadu Buhari on Digital & New Media, Tolu Ogunlesi, said the project was estimated to cost $2.594…

Nigeria can now borrow as much as forty per cent of its Gross Domestic Product (GDP). This is as contained in the new Medium-Term Debt Management Strategy 2020-2023 as approved by the Federal Executive Council. In a statement by the…

The Federal Executive Council (FEC) on Wednesday approved a total of N9.4 billion for various projects including power and road. Briefing journalists at the end of the meeting presided over by President Muhammadu Buhari at the State…

President Muhammadu Buhari on Wednesday presided over the 31st virtual Federal Executive Council (FEC) meeting at the State House. The Vice President, Professor Yemi Osinbajo, and the Secretary to the Government of the Federation, Boss…

President Muhammadu Buhari has sworn in three members of the Code of Conduct Bureau (CCB) and a member of Police Service Commission (PSC). The event took place at the Council Chamber of the Presidential Villa, Abuja, on Wednesday,…