The Federal Executive Council has approved the contract for the procurement of insurance cover for assets of the Nigerian College of Aviation Technology (NCAT), Zaria.
The insurance cover is required annually for the maintenance of the college’s Approved Training Organisation ( ATO) certificate issued by the Nigerian Civil Aviation Authority ( NCAA), which precludes the operation of any aircraft without valid insurance cover.
Approval was also given for the construction of Berth 21 at the Terminal E, Lagos Port Complex, and the Inland River Port at Makurdi, Benue State,
The FEC also approved the award of contract for the rehabilitation of the outstanding section of Onitsha-Enugu Expressway at the cost of N24.24 billion.
Briefing State House Correspondents after the council meeting, the Minister of Works, Mr Mike Onoleimemen, who joined the Supervising Minister of Information, Dr Nurudeen Mohammed, told journalists that the project upon completion will enhance transportation, improve the socio-economic activities and standard of living of the citizens.
Also approved is contract for the rehabilitation of Sokoto-Tambuwal-Jega-Birni Yauri-Kontagora-Makera Road in Sokoto, Kebbi and Niger States and Vandeikya-Obudu Cattle Ranch in Benue and Cross River State at the cost of N30.4 billion.
The Minister of Industries Trade and Investment, Mr Olusegun Aganga, also got approval for policy measures to reposition the Nigerian Cotton, Textile and Garment Sector.
The FEC congratulated the Minister of Petroleum Resources, Mrs Dezianni Alison Madueke, who was recently elevated to the position of president of all Gas Exporting Countries,just a few weeks after being elected as OPEC President.