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FEDERAL EXECUTIVE COUNCIL
The Federal Government has approved Nigeria’s Medium-Term Debt Management Strategy (MTDS) for 2024–2027, aimed at ensuring debt sustainability, improving fiscal stability, and deepening the domestic securities market.
The Federal Executive Council (FEC) has approved N142 billion for the construction of six modern bus terminals across Nigeria’s geopolitical zones, awarding the contract to Messrs Planet Project Limited, the firm behind Lagos’ Oshodi Transport Interchange.
The Federal Executive Council (FEC) has approved N13 billion for compensation payments under the Lagos Transmission Industrial Project, part of a broader push to modernize Nigeria’s power infrastructure and strengthen electricity supply for industrial growth.
The Federal Executive Council (FEC) has approved N2 trillion for sections of the Sokoto–Badagry highway and N1.65 trillion for sections of the Lagos–Calabar Coastal Highway.
The Federal Executive Council (FEC) has approved N68.7 billion for key electricity projects for federal universities, teaching hospitals, and rural agricultural centres across the country.
The Federal Executive Council (FEC) has approved N987 billion worth of contracts for extensive infrastructure upgrades at airports across Nigeria.
FG postpones emergency FEC meeting due to time conflict with state funeral for late President Buhari
The emergency Federal Executive Council (FEC) meeting called by President Bola Tinubu to honor former President Muhammadu Buhari has been postponed due to a scheduling conflict with the state funeral for the late leader.
The Federal Executive Council (FEC) has endorsed a landmark 10-year National Urban Development Policy (NUDP) that introduces metropolitan planning commissions and embraces the innovative 15-minute city model to transform Nigeria’s rapidly expanding urban regions.
The Federal Executive Council (FEC) has approved the sum of N187 billion for the completion of the remaining 96 kilometres of the Benin–Shagamu–Ore expressway.
The Federal Executive Council (FEC) has approved a total of $651.7 million for the construction of the 7th Axial Road, a critical evacuation corridor linking the Lekki Deep Seaport to major transportation routes serving southern and northern Nigeria.
The Federal Executive Council (FEC) has formally approved Nigeria’s full membership in the Asian Infrastructure Investment Bank (AIIB), marking a major milestone in the country’s international economic strategy.
The Federal Executive Council (FEC), chaired by President Bola Tinubu, has approved the draft bill for the establishment of the National Cocoa Management Board (NCMB), aimed at regulating the cocoa sub-sector for economic development in Nigeria.