Every day, we at 234post bring you the best stories that the Media is reporting about the Government of Nigeria
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari has approved the sum of N35 billion for the building of a power station by the Nigerian Export Processing Zone Authority (NEPZA), in Akamkpa, Cross River State. He gave the extract contract sum as N35,411,119,159 and said the contractor would finance 75 per cent of the project, which is in the sum of N26,558,339,337, while the NEPZA would finance 25 per cent of the project, which translates to N8,852,779,792. [Sun News]
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. “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. [Punch]
In a move aimed at reducing the impact of overloaded trucks on Nigerian roads, the Federal Government has commenced strict enforcement of calibration of installed load weighbridges across the country. The enforcement of the axle load limits would help to prevent damage on major roads and highways, thereby prolonging the lifespan of these roads, and ultimately enabling the government to utilise funds that it would ordinarily spend to fix such roads, on other projects. [Business Day]
The federal executive council (FEC) has approved the sum of N37.47 billion for various projects to be executed under the ministries of aviation, transportation, trade and investment. Breakdown of the approved sum shows that N1.27 billion was approved for the design, supply, and installation of PTZ long-range tarmac camera surveillance system at the Murtala Mohammed International Airport, Lagos, and Nnamdi Azikiwe International Airport, Abuja. [Cable]
The Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr. Segun Awolowo, has expressed delight over the attainment of Global Organic Certification status for Nigerian sesame seed by WACOT Nigeria from ECOCERT International. According to Awolowo, the day marked a landmark achievement for Nigeria as WACOT Nigeria Ltd attained the Global Organic Certification Status of the Nigerian Sesame Seed by ECOCERT International, the first of its kind in the history of the country, placing Nigeria on the World map of organic product producers and marketers. [Sun News]
The Federal Executive Council FEC has approved the establishment of 20 private universities across the country. According to Minister of Education, Mallam Adamu, the approved universities would get their provisional licenses from the National Universities Commission (NUC), which they will use for the next three years while monitoring and evaluation will go on. [The Nation]
The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono has commissioned the yam storage facility at the Faculty of Agriculture, Nasarawa State University, Keffi. He said the facility has capacity to store between 45–50 Metric Tonnes of yam seed and is estimated to cover 16 hectares of land when planted. The minister also noted that the huge output of using clean seed yam would boost production, increase earnings of yam farmers and enhance the export of yam from the state.[This day]
Minister of Communications and Digital Economy Dr Isa Ibrahim Pantami has reiterated the commitment of the federal government to building a viable digital economy for the country. He said government hopes to do so through the provision of digital infrastructure for all government institutions across the country. (Leadership)
The federal government has given the $20 million accelerated funding grant for education emergency from the Global Partnership for Education, GPE, to Borno, Adamawa and Yobe states. This was disclosed by the Minister of Education, Mallam Adamu Adamu,Tuesday,in Abuja. Adamu, who was represented by the Permanent Secretary of the ministry, Arc. Sonny Echono, said the grant would assist in improving foundational learning skills, establish robust teacher preparation, professional development and recruitment systems, address protection issues, and strengthen leadership capacity for education in emergency for long term sustainability as well as system strengthening. (Vanguard)
Timely intervention by the Federal Government through the Ministry of Finance to block sources of revenue leakage in the financial system has yielded a positive result. The Ministry of Finance blocked the revenue leakages by streamlining the receipt of all payments for transparency, accountability and probity, especially revenues from Public-Private Partnership (PPP). The result came with the government saving N2.4 billion from various payment sources, which has been into a Special Concession Account (SCA) within within few months of its operations. (Business Day)
Gbemisola Saraki, minister of state for transportation, has said that the National Maritime Transport Policy being developed by Nigeria would lead to improved inflow of Foreign Direct Investment (FDI) and enhance the ability of the Nigerian maritime sector to compete internationally. Saraki said the transport policy would give Nigeria place of pride in the African Continental Free Trade Area (AfCFTA) agreement. [Business Day]
The presidential task team on the restoration of law and order on Apapa traffic gridlock has outlined its achievements to the federal government following the completion of its assignment and official handover to the Lagos state government. Kayode Opeifa, former Vice Chairman of the team, listed some of his committee’s achievement to include restoration of law and order on roads leading to the Lagos ports and within the port maritime logistic corridor, removal of all stationary trucks on Lagos roads leading to the ports and the development and deployment of an efficient and effective traffic management plan for the entire port area traffic. [Business Day]
Nigeria has given its backing to full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident within the ECOWAS member states. Zainab Ahmed, minister of Finance, budget and national planning noted that the existence of the scheme and its effective implementation will stimulate integration of the West African Regional Block preparatory to the full implementation of the African Continental Free Trade Area (AFCFTA) subscribe to by most of ECOWAS countries. [Business Day]
