Federal Executive Council

FEC Headed By Buhari Approves 1.2bn Euros Loan

FEC Headed By Buhari Approves $1.2bn Loan

May 14, 2020 6:03 am

The Federal Executive Council (FEC) on a Wednesday approved a loan of 1.2 billion dollars to finance the mechanisation of agriculture in the country.

Mr. Sabo Nanono, the Minister of Agriculture and Rural Development, made this known on Wednesday while briefing State House correspondents after the virtual FEC meeting anchored from the Council Chamber of the Presidential Villa, Abuja.

The virtual meeting was presided over by President Muhammadu Buhari.

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Nanono said the planned mechanisation of agriculture would span across 632 local governments, NAN reports.

“Today, we presented a joint

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FEC Approves ₦77bn For Road, Education Projects

February 7, 2020 5:54 am

The Federal Executive Council (FEC) wednesday in Abuja approved about ₦77 billion for the construction of various road and education projects in different parts of the country.

Of the total cost, about N67 billion was approved for the construction of road projects and bridges while about N10 billion was approved for the development of education contracts.

Briefing State House reporters at the end of almost seven and half hours of the weekly FEC meeting, the Minister of State for Works and Housing, Mr. Abubakar Aliyu, said the council approved N50.527 billion for the dualisation of Odukpani – Itu -IKot Ekpene …