Archives Tag: FEC

BUSINESS

Nigeria’s FEC Approves ₦2.3 Trillion Plan to Speed Up Economic Recovery

April 19, 2022

Nigeria will be getting a ₦2.3 trillion lift to get it out of an impending recession. This comes after the country’s Federal Executive Council approved the Nigeria Economic Sustainability Plan (NESP), a set of policy measures aimed at fixing the country’s troubled economy. The economic sustainability committee, headed by Vice President Osinbajo, had earlier submitted … Continue reading Nigeria’s FEC Approves ₦2.3 Trillion Plan to Speed Up Economic Recovery

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Energy News

FG Approves N1.9 Bn for Onitsha-New Haven Power Transmission Project

April 19, 2022

The Federal Government has approved a sum of N1.9 billion for the supply of a 746-kilometer of aluminum conductor composite core reinforced (ACCR) to be used for the re-conduction of the Onitsha New Haven 33okv transmission line. The approval was granted during the Federal Executive Council (FEC) meeting yesterday, 15 January 2013. Professor Chinedu Nebo, … Continue reading FG Approves N1.9 Bn for Onitsha-New Haven Power Transmission Project

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