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FEC

FEC Okays Justice Sector Reform, 500m Euro Loan For BOI

To improve the ongoing reform in the country’s judicial sector, the Federal Executive Council (FEC) has approved what it called as a Justice Sector Policy for Nigeria.The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, made the disclosure yesterday while briefing State House correspondents after the meeting presided over by President Muhammadu Buhari in Abuja.He explained that the policy would ensure speedy administration of justice, quality administration and access to justice.

Malami said FEC also approved a memo seeking to amend the Geneva Convention and re-enact it to grant access to justice by prisoners of war (POW).The

Senate okays ₦1.64tr borrowing plan

The Senate on Tuesday adopted the N1.64 trillion proposed by the Executive for new borrowing to fund this year’s budget deficit.

The upper chamber also approved the proposed N500 billion special social intervention funds.

The adoptions were parts of the 2019-2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) passed Tuesday by the upper chamber.

Jubril (President Muhammadu Buhari) sent the MTEF/FSP to the National Assembly on November 6, last year, for consideration and approval.

The passage of the MTEF/FSP came as the Senate is set to receive the report of the 2019 budget from its Appropriation Committee.