TODAY
February 4, 2021
The Federal Executive Council (FEC) yesterday approved N35 billion for the building of power station by the Nigerian Export Processing Zone Authority (NEPZA), in Akamkpa, Cross River State.
The Council in the 32nd edition of its weekly meeting presided over by President Muhammadu Buhari also approved the take-off of 20 private universities across the country as well as N1.3 billion for the procurement of surveillance equipment for Abuja and Lagos airports.
Minister of Industry, Trade and Investment, Mr. Niyi Adebayo, who made these disclosures while speaking to newsmen after the FEC meeting, statedcthat the power contract awarded to Messers Mutual Commitment Nigeria Limited, the power station is to power the Calabar Export Processing Zone.
Okays N1.3bn for surveillance equipment for Abuja, Lagos airports
Deji Elumoye in Abuja
The Federal Executive Council (FEC) on Wednesday approved N35 billion for the building of a power station by the Nigerian Export Processing Zone Authority (NEPZA), in Akamkpa, Cross River State.
The Council, in the 32nd edition of its weekly meeting presided over by President Muhammadu Buhari, also approved the take-off of 20 private universities across the country as well as N1.3 billion for the procurement of surveillance equipment for Abuja and Lagos airports.
The Minister of Industry, Trade and Investment, Niyi Adebayo, who made these disclosures while speaking to newsmen after the FEC meeting, stated that the power station contract awarded to Messers Mutual Commitment Nigeria Limited, is to power the Calabar Export Processing Zone.
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Olalekan Adetayo, Abuja
The Federal Executive Council on Wednesday approved a contract worth about N1.3bn for the design, supply, and installation of PTZ long-range tarmac camera surveillance system at the Murtala Mohammed International Airport, Lagos, and the Nnamdi Azikiwe International Airport, Abuja.
The Minister of Information and Culture, Lai Mohammed, disclosed this to State House correspondents at the Presidential Villa, Abuja after a meeting of the council presided over by the President, Major General Muhammadu Buhari (retd.).
Mohammed briefed the journalists on behalf of the Minister of Aviation, Hadi Sirika.
“The total sum of the contract is N1,278,594,250. This is in order to upgrade and provide security and safety for the Federal Airport Authority of Nigeria, especially to avoid incidence on the air site and runway,” he said.
TODAY
January 27, 2021
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.
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.
The Nigerian National Petroleum Corporation (NNPC) has explained why the Federal Government is spending the huge sum of $1.5 billion on the Port Harcourt refinery, as it weighs in on the controversies and unverified claims by some Nigerians on the funds for the project.
The state oil giant said that the funds approved for the 210,000 barrels per day capacity refinery was for complete rehabilitation and not turnaround maintenance.
According to a report from NAN, this disclosure was made by the Group Managing Director (GMD) of NNPC, Mele Kyari, during a chat with the press on issues surrounding the rehabilitation of the refinery in Abuja, on Monday, March 23, 2021.