Federal Executive Council – InfoStride News

FG approves Nigeria Youth Investment Fund to Empower Youth for National Development

Adewale A. — Sat, 27 Jul 2024 07:34:47 +0000

In March 2024, the Federal Executive Council approved the relaunch of the restructured Nigeria Youth Investment Fund (NYIF), kick-starting it with an initial capital of N110 billion. This initiative aims to enhance access to finance for young people and youth-owned enterprises, driving national development. It seeks to generate crucial employment opportunities to combat youth restiveness, [...]

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Federal Executive Council Approves Infrastructure and Housing Transformation Initiative

Ifeanyi Nwagboso — Tue, 14 May 2024 20:30:31 +0000

The Federal Executive Council, presided over by President Bola Tinubu, has approved an initiative aimed at transforming Nigeria’s infrastructure and housing sector to meet the urgent demand for critical infrastructure and affordable homeownership. The initiative, approved during the council’s meeting at the State House in Abuja, is designed to foster job creation, inclusive growth, and [...]

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Yemi Osinbajo To Swear In New Ministers

David Folami — Wed, 26 Jul 2017 01:49:06 +0000

Two ministers-designate, Stephen Ocheni (Kogi) and Suleiman Hassan (Gombe) would be inaugurated as Federal Executive Council (FEC) members on Wednesday, the Presidency has said. A Presidential spokesman, Laolu Akande, announced this in his twitter handle late Tuesday night, July 25, 2017 and said that Acting President Yemi Osinbajo would perform the ceremony. Akande said that [...]

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Nigeria’s ICT University: Communication Minister Receives Implementation Committee Report

Ade Adewale — Thu, 20 Jul 2017 21:35:17 +0000

The Minister of Communications, Barrister Adebayo Shittu has received in his Office the report of the Committee on ICT University Implementation Committee with thanks, adding that the report would be studied and that within three weeks, a memo would be raised for the approval of the Federal Executive Council (FEC). He added that as soon [...]

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Budget 2017: Senate cautions Fashola on spreading Wrong Information and Half-Truths

Ade Adewale — Fri, 23 Jun 2017 22:52:32 +0000

The Senate has cautioned Minister of Works, Housing and Power, Mr. Babatunde Raji Fashola, SAN, to stop spreading wrong information and half-truth about the 2017 budget as the legislators worked to ensure equity across the country on all new and outstanding projects. In a statement by its spokesperson, Senator Aliyu Sabi Abdullahi, the Senate noted [...]

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Buhari Proposes N7.2T Budget For 2017?

David Folami — Thu, 01 Dec 2016 12:43:11 +0000

President Muhammadu Buhari’s proposed budget for the 2017 fiscal year has been reportedly put at a total of N7.2 trillion. In a report by Daily Trust, the sum was approved by the Federal Executive Council approved during a six-hour meeting presided over by the President. The 2017 budget is about 24 percent higher than the [...]

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Fuel Scarcity Was Due The Inability Of The Last Government To Make Adequate Provision For Fuel Subsidy – Lai Mohammed

Wale Adebayo — Tue, 22 Dec 2015 08:54:35 +0000

The Minister of Information and Culture, Alhaji Lai Mohammed has blamed the administration of former President Goodluck Jonathan for the fuel scarcity currently being experienced in Nigeria. “One of the reasons for the fuel scarcity was the inability of the last government to make adequate provision for fuel subsidy,” Lai Mohammed, told State House Correspondents, [...]

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FG Discloses Why Emergency FEC Meeting Failed To Hold Today

Wale Adebayo — Fri, 18 Dec 2015 19:55:16 +0000

Federal Government today postponed an emergency Federal Executive Council (FEC) meeting summoned to discuss issues related to the 2016 Appropriation Bill. The emergency FEC meeting was called ahead of President Muhammadu Buhari’s presenting of the bill before a joint National Assembly session on Tuesday. Disclosing the reason for the sudden postponement of the emergency meeting, Minister of Information [...]

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EFCC May Arrest Ex-President Goodluck Jonathan Over Arms Deal Scandal

Ade Adewale — Mon, 07 Dec 2015 22:37:19 +0000

The former president, Dr. Goodluck Jonathan, may be interrogated by the Economic and Financial Crimes Commission (EFCC) for his role in the misappropriation of funds meant for the procurement of arms. The former National Security Adviser (NSA), Col. Sambo Dasuki, was arrested by the EFCC for allegedly disbursing and embezzling money meant for security issues. Chief [...]

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President Buhari Presides Over Emergency FEC Meeting

Ade Adewale — Mon, 07 Dec 2015 22:25:30 +0000

President Muhammadu Buhari today held what the federal government called a special Federal Executive Council (FEC) meeting within the Council Chambers at the Presidential Villa. Before addressing the meeting, President Buhari swore in two Permanent Secretaries, Olakunle Bamgbose and Mahmood Dutse. Both of them were unavoidably absent during the swearing in of other permanent secretaries a [...]

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President Buhari Fails To Convene FEC Meeting Again!

Wale Adebayo — Fri, 04 Dec 2015 11:45:16 +0000

In a radical departure from the past, the administration of President Muhammadu Buhari will only convene the Federal Executive Council (FEC) once every two weeks. The FEC meeting, which is usually presided over by the president or vice president, in the absence of the former, used to hold every Wednesday under the past administrations since [...]

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Nigeria Now Set For Economic Recovery With The Inauguration Of Ministers – APC

Wale Adebayo — Sat, 14 Nov 2015 09:10:44 +0000

With the inauguration of the Federal Executive Council and assigning of portfolios to ministers by President Muhammadu Buhari on Wednesday, the All Progressives Congress (APC) on Friday said the development has signaled the commencement of economic recovery and moral revolution in the country. The party said President Buhari will deliver on his campaign promises to [...]

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President Buhari Will Preside Over New FEC Inaugural Session On Wednesday

Wale Adebayo — Mon, 09 Nov 2015 21:27:46 +0000

President Muhammadu Buhari (PMB) will officially inaugurate a new Federal Executive Council on Wednesday, November 11, 2015. According to a statement signed by Mr Femi Adesina, special adviser on media and publicity to the president, before the commencement of the inaugural session of the council, the ministers-designate will take their oaths of office in the Council [...]

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