FEC Approves 27.4billion Naira For Victims Of Flood, Conflict And Insecurity

 

The Federal Executive Council (FEC) after a 7-hour closed-door meeting on Wednesday approved N27.4 billion intervention fund for victims of floods, conflicts, and insecurity across the nation. 

Governor Atiku Bagudu of Kebbi State who is also Vice Chairman of the National Food Security Council disclosed this to State House correspondents.

Bagudu noted that 69, 872 persons will benefit from over 8billion Naira earmarked for the victims of conflict and insecurity while 18billion Naira was specifically for flood victims across 14 states.

READ ALSO: Buhari Declines Assent To Digital Rights And Freedom Bill, Four Others

For the sum earmarked for flood victims, the council targeted 163,117 beneficiaries.

The FEC also approved the signing of the ‘Safe School Initiative’ which makes Nigeria now committed to implementing the project’s guidelines.

Also, Contract for the construction of the faculty of arts in Adamawa State university at 613million naira was approved.

FG Dismisses Proposed Sale Of Assets As ‘Mere Speculation’

lai-mohammed on CorruptionThe Federal Government has described as mere speculation, talks of a proposed sale of national assets for the purposes of getting Nigeria out of recession, saying government is ‎yet to take a decision on the matter.

Speaking to State House correspondents after the Federal Executive Council meeting, the Minister for Information and Culture, Alhaji Lai Mohammed, said it was only discussed and endorsed as a Medium Term Expenditure Framework and remains a suggestion but not a solution decided upon by government to rebound the economy.

Contrary to reports that government has already listed conditions that must be met before the sale of certain national assets, top among them the insertion of a buy-back clause in the assets sales agreements, the Information Minister says government is yet to reveal elaborate plans to take the country out of recession.

The National Economic Council headed by Vice President Professor Yemi Osinbajo had last Thursday proposed and endorsed plans to sell some national assets, in line with government’s target to raise between ten to fifteen billion dollars to revamp the economy, following the drop in the nation’s monthly foreign earnings to about three hundred million dollars.

The proposed sale was swiftly rejected by the Senate in a thorough debate at its plenary, just as the Nigeria Labour Congress (NLC) threatened to embark on mass protest against the proposed sale.‎‎

The Federal Executive Council meeting also approved three memos; the National Water Policy, the National Irrigation Policy and a draft National Water Resources Bill all aimed at tackling the numerous water challenges in the country.

The Water Resources Minister, Mr Suleiman Adamu, is positive that the three bills and policy will help Nigeria bridge the gap in the sector and enhance Nigeria’s current agricultural production agenda and the National Irrigation Policy Roadmap 2030.

Digital Broadcasting: FG Reaffirms Determination To Switch By June 2017

Digital switchoverThe Federal Government has reaffirmed its determination to meet the June 2017 deadline set by the International Telecommunications Union (ITU) for migration from analogue to digital broadcasting.

The Minister of Information, Mr Lai Mohammed, said this while briefing State House correspondents on the outcome of the Federal Executive Council meeting presided over by President Muhammad Buhari.

Council’s decision is following a briefing by the Minister on the process of the migration to digital broadcasting.

According to the Minister, the pilot scheme in Jos, the Plateau State capital is working out very well as 15 stations can be viewed on a digital platform.

According to the minister the relevant ministers are enjoined to work with the Ministry of Information to ensure a smooth transition.

FEC Approves Seaport For Badagry

Nigeria's Ports
Aerial view of Nigeria Ports Authority

The Federal Executive Council (FEC) has approved the establishment of a seaport in Badagry, Lagos to bring in big vessels into the country.

Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this to State House correspondents after the meeting presided by President Muhammadu Buhari on Wednesday in Abuja, the Federal Capital Territory.

He stated that the new port would cost $2.58 billion and would be completed in five years.

Ministers of Transport and Information, Mr Rotimi Amaechi and Mr Lai Mohammed respectively, described the seaport as a viable infrastructure.

The Badagry seaport was said to have been started by the past administration and was abandoned midway.

He said that the approval was consistent with the Federal Government’s macroeconomic policy to emphasise on tax income following a fall in the oil revenue.

FEC Directs MDAs To Fast Track Capital Budgets

FECThe Federal Executive Council (FEC) has directed all Ministries, Departments and Agencies (MDAs) to fast track the processes for their capital budgets so that the economy can be quickly reflected.

Minister of Budget and National Planning, Mr Udo Udoma, said this while briefing State House correspondents at the end of the Federal Executive Council meeting presided over by Vice President Yomi Osinbajo.

Senator Udo Udoma while answering a question on the N350 billion, which the federal government promised to inject into the economy at the inception of this administration, said the money is available but there is a process that needs to be followed by the MDAs before the release of the fund.

According to the minister existing projects will receive more attention since they have undergone the procurement process.

FEC Approves 34 Strategy Priority Projects

FECThe Federal Executive Council (FEC) has approved 34 strategic priority projects to be implemented with the 2016 Budget.

The priority projects were contained in a document presented by the Ministry of Budget and National Planning to the Council presided over by Vice-President Yemi Osinbajo.

Briefing State House correspondents at the end of the meeting, the Minister of State for Budget and National Planning, Zainab Ahmed, says the government was expecting a final copy of the 2016 Budget from the National Assembly for the President’s assent today or tomorrow.

She briefd alongside the Minister of Information, Lai Mohammed, Minister of State, Industry, Trade and Investment, Aisha Abubakar, and Minister of State for Foreign Affairs, Khadija Bukar Abba.

The 34 priority projects are grouped into four broad objectives including security/policy governance, diversification of economy, succour for vulnerable‎ Nigerians and relating the economy through investments.

2016 Budget Tops FEC Meeting Agenda

2016-Budget-BreakdownThe Federal Executive Council (FEC) meeting being presided over by President Muhammadu Buhari is still on going with the 2016 Budget top of the agenda.

The meeting is expected to take a concrete decision on what to do with the budget, which has been with the Presidency for two weeks since its passage by the National Assembly.

The meeting, which started at exactly 11AM inside the Council Chambers, has in attendance Vice President Yemi Osinbajo, Secretary to the Government of the Federation, Babachir Lawal and most ministers.

Buhari Arrives FEC Meeting Early

Muhammadu-Buhari-Nigeria-PresidentPresident Muhammadu Buhari surprised members of the Federal Executive Council (FEC) this morning (Wednesday) as he arrived the council chambers for the council’s meeting at about 9:50am.

Some council members were already in the hall for the meeting slated for 10:00am when the President arrived.

Immediately he stepped into the hall, the President noted the absence of most of the council members and jokingly said “I came too early,” as he asked members in attendance to recite the National Anthem.

Only about 19 out of the 36 ministers were in attendance when the meeting started.

The Head of Service of the Federation, Winifred Oyo-Ita and the Secretary to the Government of the Federation, Babachir Lawal, were also in attendance.

FEC Approves Full Implementation Of Confab Report

National ConfabThe Federal Executive Council (FEC) has approved the final report of the National conference for full implementation.

Briefing State House Correspondents after the council meeting the Secretary to the Government of the Federation, Mr Anyim Pius Anyim, said that council’s decision follows the recommendation by a committee President Goodluck Jonathan set up, which concluded that the report is implementable.

According to Mr Anyim, this is the first leg of the Jonathan administration’s concrete steps in the implementation of the recommendations and resolutions of the conference.

He said the recommendations and resolutions that have implications for constitutional amendment should be transmitted to the National Assembly for enactment into law, while resolutions on policy matters by federal and state agencies or local governments which require action should be transmitted to the appropriate quarters for immediate implementation and all that requires action by state governments should be referred to the states for immediate implementation.

FEC said the National Assembly should work with the state assemblies in bringing the implementation to effect.

Also approved are contracts for the construction of the Oshegbodo-Oweto Road in Benue State at the cost of N7.9 billion to de-congest traffic on the Abuja-Lokoja Expressway, the Ningi-Fuskamanta Road in Bauchi State at the cost of N7.1 billion and the dualization of the Suleja-Minna Road in Niger State at the sum of N23.6 billion.

The Minister of Works, Mr Mike Onolememen, said the roads will help improve transportation in Nigeria and oil the wheels of the economy of the states.

The FEC also approved the procurement and distribution of tricycles by the National Directorate of Employment (NDE) for the Benue North-West Senatorial District at the sum of N472.5 million to alleviate transportation challenges.

Council also approved the construction of corporate head offices for the Nigeria Deposit Insurance Corporation (NDIC) in Lagos and Abuja. While the construction of the Abuja complex will cost N14.7 billion, the Lagos office building will cost N24.7 billion.

Council approved that Nigeria should now serve as headquarters of the West African Telecommunications Regulators Assembly having been an active leader in the telecoms business in West Africa.

FEC Approves $400 Million Loan For Developmental Projects

FEC The Federal Executive Council (FEC) has approved loan facilities to the tune of over $400 million for various development projects across the 36 states of the federation.

Minister of State for Finance, Mr Bashir Yuguda, told State House Correspondents after the council meeting that the loan approvals were part of the Goodluck Jonathan administration’s commitment to better the lives of Nigerians in line with the transformation agenda.

Also approved by the FEC is the establishment of nine new private universities across the country.

They are Augustine University, Iloran, Lagos State, Chrisland University, Owode, Ogun State, Christopher University, Mowe, Ogun state, Hallmark University Ijebu Itele, Ogun State, Kings University, Odeogun, Osun State.

Others are Micheal and Cecilia Ibru University, Orode, Delta State, Mountain Top University, Makogi Oba, Ogun State, Ritman University, Ikot Ekpene, Akwa Ibom State, Summit University, Ofah Kwara State.

This was disclosed to State House correspondents by the Minister of Aviation, Mr Osita Chidoka after the council meeting.

The FEC also approved the contract for the award of contract for consultancy services and construction works of the head office complex and ancillary facilities of the Nigerian Content Development and Monitoring Board in Yenegoa, Bayelsa, for the sum of N27.1 billion.

FEC Approves N1.2 Billion Sewage Facility For Abuja Fringe City

FECThe Federal Executive Council (FEC) has approved the award of the contract for the construction of sewage facilities to connect Guzape District (Lots 1 and 2) to the trunk mains (stage 1- connection of Guzape Lot 1) in the FCT in favour of Messrs Golden Construction Nigeria Limited in the sum of N1.2 billion with a completion period of 16 months.

Guzape District is located around the fringes of the FCT and was not initially considered to be part of the Abuja City Master Plan.

However, in order to avoid abuses and uncoordinated development around the fringes of the city, the administration embarked on the Land Use and Detailed Site Development Plan of the city fringes to integrate them into overall city planning scheme.

The council noted that the project will provide employment opportunities for about 50 indigenous professionals, artisans, skilled and unskilled labour and that there is already the provision of N300 million from the FCT Internally Generated Revenue for the commencement of the project while adequate provisions have been provided in the FCT Funding Plan for the project.

FEC Approves Procurement Of Insurance Cover For Aviation College

FECThe 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.