Sunday, November 18, 2018

Tag "FEC"

    Henceforth, federal workers will not be paid when on strike

Henceforth, federal workers will not be paid when on strike

The federal government has approved the implementation of no work, no pay principle when workers go on strike.The federal executive council (FEC) issued the approval during its weekly meeting in Abuja on Wednesday.Chris Ngige, minister of labour and productivity, said the report of the technical committee on industrial relations matters in the federal public service was adopted at the meeting.Ngige [...]

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    Lai says rift between Oshiomhole and Ngige will be resolved

Lai says rift between Oshiomhole and Ngige will be resolved

Lai Mohammed, minister of information, says the rift between Adams Oshiomhole, national chairman of All Progressives Congress (APC), and Chris Ngige, minister of labour, will be resolved.Mohammed said this while briefing reporters at the end of the weekly federal executive council (FEC).Mohammed said he would not make further comments on the rift because he needed to confirm the authenticity of [...]

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    FEC okays N47bn for repair of three roads

FEC okays N47bn for repair of three roads

The federal executive council (FEC) has approved N47 billion for the repair of three roads.The roads to be rehabilitated are Baban Lamba-Sharam road in Plateau state, Lagos-Ota-Abeokuta and Enugu-Port Harcourt road.Speaking with journalists after the FEC meeting presided over by Vice-President Yemi Osinbajo, Babatunde Fashola, minister of power, works and housing, said the Lagos to Abeokuta road was first awarded in [...]

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    FEC meeting cancelled as Buhari hosts service chiefs

FEC meeting cancelled as Buhari hosts service chiefs

The federal executive council (FEC) meeting has been cancelled to enable President Muhammadu Buhari attend a meeting with service chiefs.The security meeting which normally holds Monday was moved to Wednesday because of the Easter public holiday.This is the fourth time FEC meeting will not hold since the inception of the President Muhammadu Buhari administration in 2015.The first time FEC meeting was [...]

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    FEC approves new framework to expand electricity transmission

FEC approves new framework to expand electricity transmission

The federal executive council (FEC) has approved a new framework to expand the 33KVA and 11KVA electricity transmission lines in the country.The framework will ensure distribution of 2,000 megawatts of generated energy currently not being distributed from power stations.FEC gave the approval on Wednesday during the council’s weekly meeting.Addressing state house correspondents after the meeting, Babatunde Fashola, minister of power, [...]

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    FEC meeting extended till Thursday

FEC meeting extended till Thursday

This week's federal executive council (FEC) meeting has been extended till Thursday.Garba Shehu, presidential spokesman, disclosed this to reporters on Wednesday.He said the meeting was extended to enable the council deliberate and take decisions on pending issues.President Muhammadu Buhari presided over the meeting which is considered the longest since he took office in 2015.Shehu said the federal government had the [...]

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    I’ll soon appoint more cabinet members, says Buhari

I’ll soon appoint more cabinet members, says Buhari

President Muhammadu Buhari will soon appoint more ministers into his cabinet. He will also make fresh board appointments in response to his party members' demands.Buhari gave hints of the new appointments in a speech delivered to the national executive council (NEC) of the All Progressives Congress (APC) in Abuja.There are currently 36 ministers, with 14 of them being ministers of [...]

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    FEC approves 2018 budget proposal

FEC approves 2018 budget proposal

The federal executive council (FEC) has approved the draft for the 2018 budget proposal.Udo Udoma, minister of budget and national planning, said this on Thursday while addressing state house correspondents after the FEC meeting in Abuja.He said FEC will liaise with the national assembly on when President Muhammadu Buhari will submit the draft to the lawmakers. “We did promise that the [...]

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    Dambazau absent but Malami, Oyo-Ita attend FEC meeting

Dambazau absent but Malami, Oyo-Ita attend FEC meeting

Abdulrahman Dambazau, minister of interior, was absent at the federal executive council  (FEC) meeting presided over by President Muhammadu Buhari on Thursday.Garba Shehu, senior special assistant to the president on media and publicity, had announced the postponement of the meeting to Thursday.FEC meeting usually holds on Wednesday.Abubakar Malami, attorney-general of the federation and Winifred Oyo-Ita, head of the civil service [...]

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    Budget 2018 being finalised, says presidency as FEC meeting is moved to Thurs

Budget 2018 being finalised, says presidency as FEC meeting is moved to Thurs

The presidency has postponed this week's federal executive council (FEC) meeting to Thursday.The meeting usually holds on Wednesday.Garba Shehu, spokesman of President Muhammadu Buhari, announced the postponement in a tweet. He said the only agenda of the meeting is the 2018 budget.“Federal executive council (FEC) meeting will hold tomorrow, Thursday October 26. Agenda is #Budget2018, which is currently being finalized," the [...]

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    FEC approves N236m for completion of Katsina dam awarded when Buhari was PTF chairman

FEC approves N236m for completion of Katsina dam awarded when Buhari was PTF chairman

The federal executive council (FEC) on Wednesday approved the sum of N236 million for the completion of Sabke Irrigation Dam in Katsina state.Addressing state house correspondents after the council's weekly meeting in Abuja, Suleiman Adamu, minister of water resources, said the contract for the dam was initially awarded in 1997.He said it was then re-awarded in 2009 after it was [...]

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    Monkeypox spreads to 11 states — 74 suspected cases recorded 

Monkeypox spreads to 11 states — 74 suspected cases recorded 

Isaac Adewole, minister of health, says the monkeypox virus has spread to 11 states with 74 suspected cases recorded.Addressing state house correspondents after the federal executive meeting in Abuja on Wednesday, Adewole dismissed the reports that the military has been spreading the virus through vaccination.Monkeypox is a rare virus transmitted to humans from animals, with symptoms in humans similar to those [...]

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    FG approves N25.9bn to settle debt owed DisCos

FG approves N25.9bn to settle debt owed DisCos

The federal executive council (FEC) has approved the payment of N25.99 billion debt owed by ministries, departments, and agencies (MDAs) to electricity distribution companies (DisCos).The amount is part of the N67.41 billion the discos said they were being owed by the MDAs.Babatunde Fashola, minister of power, works and housing, divulged this to state house reporters shortly after the FEC meeting [...]

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    Buhari presides over his first FEC meeting in four months

Buhari presides over his first FEC meeting in four months

President Muhammadu Buhari on Wednesday presided over the federal executive council (FEC) meeting.This is the first FEC meeting he has presided over in three months.The president returned to the country on August 19 after spending more than 100 days in the UK where he received medical treatment.In his absence, Vice-President Yemi Osinbajo presided over the council meeting.Last Wednesday, the meeting [...]

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    Osinbajo orders release of N1.6bn to 16 states ravaged by flood

Osinbajo orders release of N1.6bn to 16 states ravaged by flood

Acting President Yemi Osinbajo has ordered the release of N1.6 billion to 16 states ravaged by flooding across the country.Femi Adesina, presidential spokesperson, made this known to state house correspondents after the weekly federal executive council (FEC) meeting on Wednesday in Abuja.He said the acting president has directed Kemi Adeosun, minister of finance, to “immediately” disburse the money to the [...]

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    Corps members can now benefit from health insurance scheme

Corps members can now benefit from health insurance scheme

The federal executive council (FEC) has approved the inclusion of National Youth Service Corps (NYSC) members in the country's National Health Insurance (NHIS) scheme.Isaac Adewole, minister of health, disclosed this to state house correspondents after the weekly FEC meeting on Wednesday in Abuja.He said the inclusion was aimed at preventing the sad incidents of deaths of corps members across the [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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