FEC Approves ₦ 1.4bn For Upgrade Of Calabar Free Trade Zone Area

Minister of Industry Trade and Investment, Niyi Adebayo briefs reporters after the FEC meeting on January 20, 2021.

 

The Federal Executive Council has approved N1.4 billion for the upgrading of electricity facilities at the Calabar Free Trade Zone Area in Cross River State.

This was disclosed on Wednesday by the Minister of Industry Trade and Investment, Niyi Adebayo, who briefed journalists on the outcome of the meeting.

“One of our parastatals, the Nigeria Exports Processing Zones Authority, we brought a memo for the award of contract for the upgrade of the electricity component in the Calabar Free Trade Zone Area,” he said.

“The contracts were initially awarded in 2018 to upgrade the electrical facility in the Area but it was not completed so we brought a memo today and council approved the sum of N1,000,484,000 for the completion of electrical upgrading at the Calabar Free Trade Zone Area.”

On his part, the Minister of Agriculture and Rural Development, Alhaji Sabo Nanono, disclosed that the Council ratified Nigeria’s membership of the global treaty on the Genetic Resource for Food and Agriculture.

READ ALSO: FEC Approves Bill Seeking To Increase Retirement Age For Teachers

According to him, this will enhance the capacity of agricultural scientists and agricultural production in the country.

“This memo which was approved today was a treaty on plant genetic resources for food and agriculture. The import of this treaty is for the advancement and enhancement of the agricultural resource base of the member countries,” he said.

“Nigeria has signed the treaty for a long time but it is only today that the FEC approved the ratification. We will now become a full-fledged member of this treaty and it will enhance the training and research of our agricultural scientists and so on and so forth.

“In short, the entire treaty is meant to boost agricultural production in the country as it affects other countries, 167 of them.”

FEC Approves Bill Seeking To Increase Retirement Age For Teachers

 

 

The Federal Executive Council (FEC) has approved a new bill seeking to increase the retirement age of teachers from 60 to 65 years.

The bill which is called Harmonised Retirement Age for Teachers Bill, 2021, was approved on Wednesday during the weekly meeting at the Council Chambers in Abuja.

Minister of Education, Adamu Adamu who briefed journalists after the meeting said the bill which gives legal backing to new measures by the President Muhammadu Buhari’s administration will enhance the teaching profession in the country.

He noted that the approval of the bill for the Ministry of Education was a giant step towards what was set out for 2020.

“This memo that was approved for the Ministry of Education is a giant step towards what we set out to do last year, with the approval of some special packages for teachers by the President.

Minister of Education, Adamu Adamu

 

“So, at the meeting today, Council approved that a bill which will be called ‘Harmonised Retirement Age for Teachers in Nigeria Bill 2020’ be sent to the National Assembly for enactment into law so that all the promises made by the president and all the approvals he had given to me will now begin to be put into effect because this is the legal backing that is required for it,

“The essence of the bill actually is to give legal backing for the approval of a new retirement age of 65 for teachers and then the service period being extended to 40 years.” Mr. Adamu added.

Further disclosing details of the bill, the minister said the bill will be sent to the National Assembly for its consideration and passage.

The minister also disclosed that the bill seeks to introduce bursary awards, special rural posting allowances, and other items that will encourage brilliant Nigerians to take to teaching.

 

FEC Approves N62.7bn For Construction Of Dawakin Tofa Road In Kano

 

The Federal Executive Council (FEC) has approved the sum of N62.7 billion for the construction of the Dawakin Tofa road in Kano State.

The council approved the funds on Wednesday, noting that the project is expected to last a duration of 24 months.

Meanwhile, FEC also approved the ratification of Nigeria’s membership of the Africa Continental Free Trade Area from the Ministry of Industry Trade and Investment.

“The Minister of Industry, Trade and Investment, presented a memo today asking the Chief Executive Council to ratify the membership of the African Continental Free Trade Area,” the Minister of Information, Lai Mohammed said.

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“You will remember that on the 7th of July 2019, Nigeria signed the AFCTA agreement in Niamey during the 12th extraordinary session of the assembly of the African Union.

“The effective date ought to have been July 2020 but as a result of the pandemic, it was postponed to the 1st of January 2021 and all member states were given up to the 5th of December to ratify the agreement. That is precisely what Nigeria did today. The Federal executive council approved our membership of the AFCTA and as such, we have beat the deadline.”

Below are some facts to note about the agreement.

1. The agreement was brokered by the African Union (AU) and as of April 2019, 22 countries had ratified the agreement – the exact number of states needed to allow the African Continental Free Trade Area (AfCFTA), come into effect.

2. It has a goal of creating a single market – the African Continental Free Trade Area, followed by free movement and a single-currency union.

3. The free-trade area is the largest in the world in terms of participating countries since the formation of the World Trade Organization.

4. Member states are required to remove tariffs from 90% of goods, allowing free access to commodities, goods, and services across the continent.

5. The United Nations Economic Commission for Africa estimates that the agreement will boost intra-African trade by 52 per cent by 2022.

FEC Approves N2.9bn For Printing SSCE, Basic Education Exam Materials

Minister of Education, Adamu Adamu (File Photo)

 

The Federal Executive Council has approved the sum of N2.9 billion for the printing of materials for the upcoming Senior School Certificate Examinations (SSCE), common entrance and basic education exams.

The Minister of Education, Mr Adamu Adamu, disclosed this while briefing State House correspondents after the Federal Executive Council meeting which was held at the council chambers in Abuja on Wednesday.

Adamu noted that the contract will be handled by eight printing companies.

Meanwhile, the minister also noted that the council approved N900 million for the rehabilitation of roads in Gwagwalada township and N719 million for the upgrade of roads in Kwali Area Council.

Both road projects have a timeline of six months each.

FEC Approves N654m To Monitor Illegal Frequencies In South East

 

The Federal Executive Council has approved the sum of N653,886,584 to procure and deploy a hybrid spectrum monitoring system that will cover the southern part of the country, most importantly the south-east.

The Minister of Communication and Digital Economy, Issa Pantami, disclosed this on Wednesday, at the end of the 18th virtual Federal Executive Council meeting presided by President Muhammadu Buhari at State House in Abuja.

According to him, the investigation carried out in five geo-political zones, the north-east, north-west, north-central, south-west and south-south, revealed that out of the 320 frequencies discovered, 106 were illegal and based on the advice of the Attorney General and Minister of Justice, the illegal frequencies will be prosecuted.

 

 

Mr Pantami described the use of illegal frequencies in the country which according to him, has become very rampant, as worrisome.

He explained that the initial monitoring did not cover the southeastern part of the country, hence the need for the council’s approval.

FEC Projects N13.08trn 2021 Budget

File photo of the 2020 budget during the presentation by President Muhammadu Buhari

 

The Federal Executive Council meeting ended on Wednesday with a budget estimate of N13.08trn projected for the 2021 fiscal year.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to journalists at the Presidential Villa.

The breakdown of the proposed budget is N13.08 trillion total aggregate; expenditure (29% Capex), with a deficit of N4.48 trillion; FX: N379/$; and GDP growth targeted at 3%.

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When asked if the three percent estimated growth was realistic considering the impact of COVID-19 on world economies, the Minister of Finance responded that the policies put in place to ensure inclusive growth while stimulating the economy should produce the desired results

President Muhammadu Buhari is expected to present the budget to the National Assembly with a deficit of N4.48 trillion, while oil production rate is pegged at 1.86 million barrel per day with the oil benchmark standing at $40 per barrel.

The Federal Government is also targeting the inflation rate at 11.96 percent.

FEC Approves $1.9bn Rail Line To Niger Republic

 

The Federal Government on Wednesday approved the sum of  $1.9 billion for the construction of a rail line that will link Nigeria to the Niger Republic.

The rail line is expected to run from Kano through Katsina and will be linked with the Maradi rail line in the neighboring West African nation.

This, however, is not the only contract approved for the ministry of transport, a 3.04 billion naira contract was also awarded for the design, manufacture, supply, testing, and commissioning of one railway crane of 150-ton capacity for emergency and recovery of rolling stocks.

Briefing state house correspondents after the 16th virtual federal executive council meeting, members of the council broke down other memos approved by the council including 62 new black maria vehicles, 8 more forensic auditors for the NDDC, and the construction of the Umuahia/Bende/Ohafia road.

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The highway in Umuahia is expected to engulf over N12 billion, while, the sum of N3.7 billion was approved as augmentation of the contract for the construction of the petroleum development fund corporate headquarters in Abuja.

In a similar vein, eight more forensic field auditors were added to the NDDC audit while, 1,800 laptops were approved for the customs service schools in Abuja, Lagos, and Kano for the sum of N351.5 million, and N197.8 million was approved for the expansion of the Nigeria Customs Service cash management software.

FEC Approves $3.1bn For Automation Of Nigeria Customs

President Muhammadu Buhari presided over the FEC meeting.

 

The Federal Executive Council (FEC) has approved $3.1 billion for the end to end automation of the Nigeria Customs Service (NCS). 

Nigeria’s Minister of Finance, Zainab Ahmed disclosed this at the end of the FEC virtual meeting in Abuja on Wednesday.

According to her, the concessionary period is 20 years and the funding is solely from investors with the revenue expected from this automation pegged at $176bn.

“The main objective of this project is to completely automate every aspect of the Customs business and to institutionalise the use of smart and emerging technologies that will enhance the statutory functions of the Nigeria Customs Service in the areas of revenue generation as well as trade facilitation and enhancement of security.

“The total cost of the project is in the sum of $3.1 billion and the consortium, the PPP that has been approved is led by Messrs Huawei technologies with four other members.

The Finance Minister gave a breakdown of the project funding, and stated that the investors will be paid overtime according to a schedule that will be negotiated with the Federal Government.

“This investment of $3.1 billion is broken down into capital investment of $1.2 million that will be done in three phases over 36 months by these investors and $1.8 million is our projection of the operational cost over the 20-year period of the implementation of this project.

“This project has the potential to yield up to $176 billion of revenue from the project and the consortium that are providing these investments are going to be paid overtime according to the schedule that will be negotiated for their investments including their profits and cost of funds,” she added.

Mrs Ahmed also revealed that FEC  approved the upgrade of safe towers in Lagos, Kano, Abuja, and Port Harcourt airports.

The minister added that the analog systems in the airports will be upgraded to digital just as weather reports will now be transmitted instantly as against the current hourly practice.

The airport upgrade is to cost N13.122 billion.

During the meeting, FEC also reiterated the need for all Ministries, Departments, and Agencies (MDAs) to consult the Federal Government-owned Galaxy Backbone Limited before budgeting and all payments should go to the Treasury Single Account (TSA).

Council noted that all federal institutions have equally been assessed to see what Information Communication Technology (ICT) upgrades are needed.

The identified upgrades are to commence immediately, the Council said.

To aid the fight against drug abuse, FEC gave a nod to the purchase of a property at the Aviation Village, Abuja.

The building which will serve as accommodation for officers of the National Drug Law Enforcement Agency (NDLEA), was formerly owned by Chachangi Airlines and was bought for N1.196bn with a delivery period of four weeks.

Buhari Presides Over Virtual FEC Meeting, Swears In 12 Permanent Secretaries

President Muhammadu Buhari swears in 12 permanent secretaries

 

President Muhammadu Buhari has presided over the 13th weekly virtual Federal Executive Council (FEC) meeting at the State House in Abuja.

Before the commencement of the meeting on Wednesday, he swore-in 12 permanent secretaries at the Council Chambers which was witnessed by the Vice President, Yemi Osinbajo.

The Head of Service of the Federation (HoSF), Dr. Folade Yemi-Esan had in June issued a statement concerning their appointment.

The newly appointed permanent secretaries and their states are Belgore Shuaib Mohammad Lomido,(Kwara); Akinlade Oluwatoyin, (Kogi); Ekpa Anthonia Akpabio, (Cross River); Alkali Bashir Nura, Kano; Ardo Babayo Kumo, (Gombe) and Anyanwutaku Adaora lfeoma, (Anambra).

The newly sworn-in secretaries

 

Others are: Udoh Moniloja Omokunmi, (Oyo); Hussaini Babangida, (Jigawa); Mohammed Aliyu Ganda, (Sokoto); Mahmuda Mamman, (Yobe); Meribole Emmanuel Chukwuemeka, (Abia) and Tarfa Yerima Peter (Adamawa).

The President also swore in commissioners for Federal Civil Service Commission, Idahagbon Henry, Revenue Mobilisation Allocation and Fiscal Commission, Usman Hassan.

Ministers physically present at the council meeting are Niger Delta; Godswill Akpabio, the Attorney-General and Minister for Justice, Abubakar Malami; Information and Culture, Lai Mohammed; Finance, Budget, and National Planning, Mrs. Zainab Ahmed; Federal Capital Territory (FCT), Mohammed Bello and Water Resources, Sulieman Adamu.

Also physically attending the meeting are the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha; the Chief of Staff to the President, Professor Ibrahim Gambari; and the National Security Adviser (NSA), Major General Babagana Monguno (rted).

some of the ministers who attended the meeting virtually

 

Meanwhile, the Head of Service of the Federation, Yemi-Esan, and some ministers virtually joined from their various offices.

FEC Approves N3.9bn Variation In Housing Contracts, FCT Dam Rehabilitation

President Muhammadu Buhari presides Over 13th weekly virtual FEC meeting on August 19, 2020.

 

The Federal Executive Council (FEC) has approved N3.9billion variation in public housing for five subsisting contracts.

This was disclosed on Wednesday by the Minister of Works and Housing, Mr Babatunde Fashola at the end of the FEC meeting.

Fashola said the five contracts are secretariats in Anabra, Bayelsa, Osun, Nasarawa and Zamfara states.

Following the approval, the minister said the sum changes the full contract amount from N13.56billion to N17.54billion.

“The cost of materials has altered significantly since 2011 when this project started, and we want to complete them.

“These secretariats are necessary to enable us house federal workers in these states. The problem arose from the creation of states. In asset sharing, some of the old states took the old secretariat.

“For our staff in those states across all federal ministries, either in rented or official premises for their work or squatting in state government premises,” Fashola said.

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Similarly, the Council also approved the rehabilitation of a dam in the Federal Capital Territory (FCT), Abuja.

FCT Minister, Muhammed Bello, who revealed this said the rehabilitation of the Lower Usuma Dam Water Treatment Plant Phase 2 would gulp N1.5billion.

The contract which will last 12 months is expected to provide water for FCT residents for the next 30 years.

“As you know, the Water Treatment Plant is a very important infrastructure project. The contract is to rehabilitate that treatment plant because it has been in operation for about 30 years.

“It all fits into Mr President’s agenda of providing needed infrastructure and also rehabilitating the already existing infrastructure,” he said.

President Muhammadu Buhari had presided over the FEC meeting at the State House, Abuja.

The meeting took off at exactly 10 am, and was attended by the Vice President, Yemi Osinbajo.

Six ministers physically present included the Attorney-General and Minister for Justice, Abubakar Malami; the Minister of Information and Culture, Lai Mohammed; Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed.

Others included the Minister of Mines and Steel Development, Olamilekan Adegbite, Fashola and Bello respectively.

The Head of Service of the Federation, Folasade Yemi-Esan, and other ministers joined virtually from their various offices.

Also present is the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha; the Chief of Staff to the President, Professor Ibrahim Gambari; and the National Security Adviser (NSA), Major General Babagana Monguno (rtd).

Osinbajo, AGF In Attendance As Buhari Presides Over Virtual FEC Meeting

President Buhari presides Over 13th weekly virtual FEC meeting on August 19, 2020

 

President Muhammadu Buhari has presided over the 13th weekly virtual Federal Executive Council (FEC) meeting at the State House, Abuja.

The meeting took off at exactly 10 am, and was attended by the Vice President, Yemi Osinbajo.

Vice President Yemi Osinbajo, Chief of Staff to the President, Professor Ibrahim Gambari, also in attendance.

Six ministers were physically present, they are the Attorney-General and Minister for Justice, Abubakar Malami; the Minister of Information and Culture, Lai Mohammed; Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed; Minister of Works and Housing, Mr. Babatunde Fasola; Minister of Mines and Steel Development, Olamilekan Adegbite; and the Minister of the Federal Capital Territory (FCT), Mohammed Bello.

The Head of Service of the Federation, Folasade Yemi-Esan, and other ministers joined virtually from their various offices.

Also present is the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha; the Chief of Staff to the President, Professor Ibrahim Gambari; and the National Security Adviser (NSA), Major General Babagana Monguno (rtd).

COVID-19: FEC Approves N8.49bn For Procurement Of Test Kits

 

The Federal Executive Council (FEC) has approved the sum of N8.49billion for the procurement of test kits by the Nigeria Centre for Disease Control (NCDC).

The approval was given at the end of its 11the virtual meeting which was presided over by President Muhammadu Buhari on Wednesday.

Channels Television learned the sum is meant for the procurement of 12 items in various quantities for the testing of COVID-19 in the country.

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This comes after the Minister of Health, Osagie Ehanire, presented a memo on behalf of the centre at the Council chambers of the Presidential Villa, Abuja.

The council also held a one-minute silence for late ex-Ministers, retired Rear Admiral Olufemi Olumide and retired Maj. Gen. Sam Momah.

Rear Admiral Olumide died at 82 years while Maj. Gen. Momah passed away aged 77.