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Home Business News

FEC approves N1.7 billion for NEITI building, NDLEA scanners, others

William Ukpe by William Ukpe
August 19, 2021
in Business News
Why FEC meeting was postponed till Monday
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The Federal Executive Council (FEC) has approved the sum of N1.7 billion for the acquisition of a permanent office for the Nigeria Extractive Industries, Transparency Initiative (NEITI) and to also procure Body Dual Scanners Solution for the National Drug Law Enforcement Agency (NDLEA).

This was disclosed by Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, in a press briefing with State House correspondents on the outcome of the FEC meeting, presided over by President Muhammadu Buhari in Abuja on Wednesday.

Adesina revealed that the sum of N537 million of the N1.7 billion was approved for NEITI to acquire a permanent office in Abuja. N985 million for procurement of Body Dual Scanners Solution with x-ray management software was approved for the NDLEA while the balance of N187million was for the purchase of vehicles for FRSC to check road accidents in the country.

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“The Federal Road Safety Commission (FRSC) got approval to procure operational vehicles, and that is to reduce carnage on our roads and to meet its goals of reducing accidents by at least 15 per cent and fatalities by 20 per cent.

“Contracts for those vehicles were approved by the Federal Executive Council.

“Again, NEITI, which is Nigeria Extractive Industries, Transparency Initiative was given the approval to acquire a permanent building for N536 million to be used as its head office.

“NEITI had been in a rented place. Now, it has approval to acquire a property for its head office,” Adesina said.

He added that the approval for the National Drug Law Enforcement Agency (NDLEA) is to procure and install four full-body dual view scanners with X-ray management software at Lagos, Port Harcourt, Enugu, and Kano Airports.

“You know that NDLEA has been doing wonderful things in recent times. Now, it has this approval to install and commission four full-body dual view scanners solution with X-ray management software at those four airports; Lagos, Port Harcourt, Enugu, and Kano,’’ he added.

What you should know

  • Nairametrics reported last month that the Federal Government inaugurated a 15-member governing board of the Nigeria Extractive Industries Transparency Initiative (NEITI) to enhance the smooth running of the agency.
  • Olusegun Adekunle, former permanent secretary, general services in the office of the SGF, will serve as the board’s chairman while Ogbonnaya Orji, executive Secretary of NEITI, will serve as the board’s secretary.
  • Other members of the board are Bashir Bature Gafai (north-west), Iliya Gashinbaki (north-east), Godwin Akor Ogwuche (north-central), Nze Joe Ibeh (south-east), Awowo Christian (south-south) and Damilola Olawuyi (south-west).
Tags: FECFederal Executive CouncilNEITINigeria Extractive Industries Transparency Initiative
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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