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FEC okays N9.44bn for roads, power projects

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. ....

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FEC approves National Quality Policy for exports

FEC approves National Quality Policy for exports
On
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. ....

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