FEC Approves Sale of Crude Oil to Dangote Refinery and others in Naira
The Federal Executive Council has approved the sales of crude oil to local Refineries in Nigeria, Including Dangote Refinery to be denominated in Naira at a fixed exchange rate. Announcing this after the FEC meeting on Monday, the Special Adviser on Revenue to the President and FIRS Chairman, Zack Adedeji explained that the strategic intervention is […]
President Tinubu signs new National Minimum Wage bill into law
President Bola Tinubu today signed the National Minimum Wage Bill into law. The President signed the bill just passed by the National Assembly during the Federal Executive Council FEC meeting held at the Council Chambers of the State House, Abuja. Speaking after the signing, the Senate President, Godswill Akpabio who commended President Tinubu for signing […]
President mandates the procurement of CNG vehicles
President Bola Tinubu has directed the mandatory procurement of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies. Addressing members of the Federal Executive Council (FEC) at the State House on Monday, President Tinubu affirmed that there is no turning back in the energy reforms initiated by his administration, as well as reiterated his commitment […]
FG rolls out designs for more federal roads
Minister of works, David Umahi has said that the Lagos/Calabar Coastal Highway is expected to circle the entire Nigeria in an additional road design proposal to be tendered before the Federal Executive Council. The minister made this known in Eleko Lagos, at the end of inspection of Section one of phase one of the coastal […]
FEC approves the institution of a 10% youth quota in all government
The Federal Executive Council has approved the institutionalization of a 10 percent youth quota in all government appointments and an equitable young women representation. Minister of Youths, Dr Jamila Ibrahim, who disclosed this at the end of the 4th FEC meeting, on Monday, said that the council also approved the restructure of the Nigerian Youth […]
