The Federal Government has approved the concession of the Port Harcourt International Airport to private operators in a move aimed at improving efficiency and reducing operational losses across underperforming terminals. The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this on Thursday while briefing State House correspondents after the Federal Executive Council (FEC) meeting…
The Federal Executive Council (FEC) has approved over ₦43 billion for the completion of Phase II, Section II of the Lagos–Ibadan Expressway. Briefing journalists after Thursday’s meeting at the State House, Abuja, the Minister of Works, Dave Umahi, said the approval is part of a series of fresh and revised contracts nationwide aimed at accelerating…
President Bola Ahmed Tinubu has requested the Senate to confirm the appointment of Hon. (Mrs.) Ayo Omidiran from Osun State as the Executive Chairman of the Federal Character Commission (FCC). In addition to Omidiran, the President forwarded the names of 28 nominees for consideration as Federal Commissioners into the agency, in line with constitutional provisions…
President Bola Tinubu has instructed the Federal Executive Council to establish a committee tasked with urgently implementing strategies to further reduce food prices across Nigeria. This was revealed by the Minister of State for Agriculture and Food Security, Senator Aliyu Sabi Abdullahi, on Wednesday in Abuja. According to Abdullahi, the President’s directive emphasizes ensuring the…
The Federal Government has approved ₦142 billion for the construction of modern bus terminals across the six geopolitical zones of the country. Additionally, it has directed all Ministries, Departments, and Agencies (MDAs) to complete procurement processes for projects under the 2024 Appropriation Act by the end of September 2025. The approvals and directives were issued…
Minister of Aviation and Aerospace Development, Festus Keyamo, has defended the Federal Government’s approval of N712 billion for the renovation of the E and D wings of the old Murtala Muhammed Airport terminal in Lagos, following widespread public criticism. Keyamo recently revealed that the Federal Executive Council had approved the fund to give the terminal…
President Bola Tinubu has approved a special expanded session of the Federal Executive Council (FEC) to honour the late former President Muhammadu Buhari. The session will hold on Thursday, July 17, at 5 p.m., and will be led by President Tinubu himself. The tribute session will include leaders from the National Assembly, Judiciary, and members…
The Federal Executive Council (FEC) has approved several key policy initiatives aimed at enhancing the welfare of public servants, diversifying the economy, and tackling unemployment. Among the major decisions was the renewal of the Group Life Assurance Scheme for federal government employees, which underscores the Tinubu administration’s dedication to the well-being of public servants. During…
FEC Approves ‘Nigeria First’ Policy to Promote Local Goods in Government Contracts The Federal Executive Council (FEC) has approved a new economic initiative, the Nigeria First policy, which mandates prioritizing locally produced goods and services in all government procurements. Speaking after Monday’s FEC meeting in Abuja, Minister of Information and National Orientation, Mohammed Idris, announced…
Yesterday, the Federal Executive Council (FEC) approved the issuance of a N758 billion bond to settle pension arrears for retirees. The approval was made during the FEC meeting held at the State House in Abuja. The Debt Management Office (DMO) has been tasked with raising the necessary funds to cover the arrears under the Defined…
