Federal executive council
FEC Directs Full Enforcement of Naira-for-Crude Policy to Boost Local Refining, Stabilise FX Market
The Naira-for-Crude arrangement initially commenced as a six-month pilot programme involving the Federal Government, the Nigerian National Petroleum Company Limited (NNPC Ltd), and the Dangote Petroleum Refinery. This phase concluded on March 31, 2025, and has yet to be formally
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JUST IN: US, UK Citizens Now Seeking Medical Care In Nigeria – Health Minister
Nigeria is emerging as a destination for quality healthcare, with patients from … Continue Reading
FEC Approves $45.3 Million for Rail Link Connecting Western Ports to Hinterland
Abuja, Nigeria – The Federal Executive Council (FEC) has approved a $45.3 million contract for the feasibility study and engineering design of a proposed railway linking four major seaports in Nigeria’s western region to the hinterlands. The project aims to … Continue Reading
Federal Executive Council Approves N42.4 Billion as variation costs for Three Major Road Projects
The Federal Executive Council (FEC) has approved a total of N42.4 billion for the variation of costs on three major road projects in the country. The council, presided over by President Bola Tinubu, also reviewed the status of ongoing road … Continue Reading
Federal Executive Council Concludes Two-Day Meeting, Unveils Key Policies
The Federal Executive Council wrapped up its two-day meeting on Tuesday, May 14, 2024, announcing a series of policies and projects aimed at bolstering Nigeria’s economy and enhancing the ease of doing business in the country.
Here are the major … Continue Reading
Tinubu Bans Purchase Of Petrol-Powered Vehicles For Official purposes
President Bola Tinubu has issued a directive banning members of the Federal Executive Council (FEC) from purchasing petrol-powered vehicles. Instead, he has mandated that all government ministries, departments, and agencies procure vehicles powered by compressed natural gas (CNG).
Chief Ajuri … Continue Reading