FEC

June 29 (THEWILL) — The Federal Executive Council (FEC) has approved the establishment of a National Snakebite Treatment and Research Centre as part of a comprehensive health intervention package worth approximately ₦73.9 billion, aimed at strengthening healthcare delivery,...

March 05, (THEWILL) — In a major move to strengthen the welfare of public servants, the Federal Executive Council (FEC) has approved a new exit benefit scheme granting retiring federal civil servants a gratuity equivalent to 100 per...

March 04, (THEWILL) — The Federal Executive Council (FEC) has approved road infrastructure projects valued at over ₦1.2 trillion across the country, including the demolition and redesign of the Carter Bridge in Lagos, as part of efforts to modernise...

December 19, (THEWILL) — The Federal Executive Council (FEC) on Friday approved the 2026 Appropriation Bill, clearing the path for its formal presentation to a joint session of the National Assembly. The decision was reached during an emergency meeting...

December 04, (THEWILL) — The Federal Government has unveiled key macroeconomic assumptions that will guide the preparation of the 2026 national budget, signalling its fiscal outlook for the year ahead. According to the approved parameters, the government is projecting: Oil...

December 04, (THEWILL) — The Federal Executive Council’s (FEC) approval of the 2026-2028 Medium-Term Expenditure Framework (MTEF), with projected revenue of ₦34.33 trillion, provides an important macro-fiscal signal for Nigeria’s capital markets going into 2026. The MTEF, which outlines...

December 03, (THEWILL) — The Federal Executive Council (FEC) on Wednesday approved the 2026–2028 Medium-Term Expenditure Framework (MTEF), outlining the Federal Government’s fiscal direction, revenue targets and spending priorities for the next three years. Briefing State House correspondents after the...

August 14, (THEWILL) — The Federal Executive Council (FEC) has approved a total N142,028,576,008.17 for the construction of modern bus terminals in each of Nigeria’s six geopolitical zones. The Minister of Transportation, Senator Sa’idu Ahmed Alkali, disclosed this to State...

July 17, (THEWILL) — President Bola Tinubu will preside over a special session of the Federal Executive Council (FEC) on Thursday, July 17, 2025, in honour of the late former President, Muhammadu Buhari. The special meeting will serve as...

May 06, (THEWILL) – The Federal Executive Council (FEC) has approved Nigeria’s membership of the Asian Infrastructure Investment Bank (AIIB) and the subscription of 50 shares valued at $5 million in the multilateral institution. The Minister of Finance,...