The Federal Executive Council (FEC) has approved a total of ₦1.202 trillion for major infrastructure projects across Nigeria’s power, aviation, and road sectors, to revitalise the nation’s economy through strategic …
Federal Executive Council (FEC)
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The Federal Government has confirmed the full repayment of the $3.4 billion loan secured from the International Monetary Fund (IMF) at the height of the COVID-19 pandemic, completing the transaction …
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FeaturedHealthNigeria
FEC Approves Launch of Medipool to Lower Pharmaceutical Costs
by adminby adminThe Federal Executive Council (FEC) has approved the establishment of Medipool, a centralised drug procurement platform aimed at reducing the cost of pharmaceuticals. Additionally, the FEC approved the purchase of …
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BusinessFeatured
FEC Approves Key Infrastructure Projects to Enhance National Development
by adminby adminThe Federal Executive Council (FEC) has approved several infrastructure and ecological projects to enhance the nation’s road network, improve food security, and support sustainable development. The approval, which includes the rescoping …
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BusinessFeatured
Nigeria Becomes Full Member of Asian Infrastructure Investment Bank
by adminby adminThe Federal Executive Council (FEC) has approved Nigeria’s full membership in the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, marking a significant step in the country’s global economic …
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The Federal Executive Council (FEC) has approved a new policy framework known as the Renewed Hope Nigeria First Policy, aimed at placing Nigerian manufacturers and service providers at the centre …
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Agric and EnvironmentFeaturedNigeria
FEC Approves Creation of National Cocoa Board
by adminby adminThe Federal Executive Council (FEC), presided over by President Bola Ahmed Tinubu, has approved a draft bill for the creation of the National Cocoa Management Board (NCMB), marking a significant …