By Deji Elumoye
The Federal Executive Council (FEC) yesterday approved the National Quality Policy to stop rejection of Nigerian goods exported out of the country.
The approval which was given during the 31st virtual meeting also included N9 billion approved for the construction of various roads and power projects across the country.
Briefing newsmen after the meeting, Minister of Industry Trade and Investment, Chief Niyi Adebayo, said the essence of the policy is to ensure goods exported out of Nigeria are accepted in the countries they are being exported to.
According to him, “For a long time, Nigerian exporters have been suffering because of lack of quality of their goods. We felt that it was high time we actually have a policy which will create a situation whereby standard of the Nigerian goods that are exported would be raised, such that that rejection would stop.
TODAY
January 27, 2021
The Federal Executive Council (FEC) on Wednesday in Abuja approved N995million for road rehabilitation and procurement of an information and communication device that would enhance highway management system for roads across the country.
Minister of Works and Housing, Babatunde Fashola, disclosed this to State House Correspondents at the end of the Council meeting presided over by President Muhammadu Buhari.
He stated that N203 million of the amount would be expended on the procurement of an information and communication device while the remaining N792 million was meant for rehabilitation of roads in Zamfara.
“The Ministry of Works and Housing presented two memoranda to the Council. The first was a memorandum for a contract for the design and deployment of a contract performance and compliance for highway and road access management system for N203,845,332.59.
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The Federal Executive Council (FEC) on Wednesday approved the National Quality Policy intended to ensure that goods exported from Nigeria are acceptable to the countries of import.
Briefing correspondents at the end meeting presided over by President Muhammadu Buhari at the presidential villa, Abuja on Wednesday, Minister of Industry Trade and Investment, Niyi Adebayo, explained that the policy would help the country’s exporters who have suffered for a long time.
He said: “For a long time, Nigerian exporters have been suffering because of lack of quality of their goods. We felt that it was high time we actually have a policy which will create a situation whereby standard of the Nigerian goods that are exported would be raised such that that rejection would stop.
The outcomes of the meeting were announced by the Ministers of Industry, Trade and Investment, Niyi Adebayo; Information and Culture, Lai Mohammed; Works and Housing, Babatunde Fashola, as well as the Minister of State, Power, Goddy Jedi-Agba, while briefing State House reporters.
Trade and Investment
Adebayo said the council approved a N50 million variation of power contract in the Kano Free Trade Zone.
He said the contract was awarded in 2018 for underground cabling for power project within the Kano Free Trade Zone but unfortunately it was not completed before certain specification changes were made.
He said: “So, the contractor requested a variation of six percent increase of the initial contract sum, which amounted to about N50 million.
FEC approves National Quality Policy for exports
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By Johnbosco Agbakwuru
THE Federal Executive Council, FEC, on Wednesday approved the National Quality Policy to stop rejection of Nigerian goods exported out of the country.
The approval was given at the 31st virtual Council meeting presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja.
Briefing State House correspondents at the end of the meeting, the Minister of Industry Trade and Investment, Otunba Niyi Adebayo, said the essence of the policy was to ensure goods exported out of Nigeria are accepted in the countries they are being exported to.