32.9 C

FEC approves N458 million to hire economic consultant




The Federal Executive Council has approved the sum of N458 million for the hire of a consultant that will help in the implementation of the Economic Recovery and Growth Plan (ERGP) of the present administration.

Udoma Udo-Udoma, Minister of Budget and National Planning, made this known while briefing newsmen at the end of Wednesday’s FEC meeting presided over by Vice-President Yemi Osinbajo at Aso Villa in Abuja.

He said the consultant will also conduct research into the agriculture, transportation, power, gas and processing sectors to find ways of making them more viable.

Similarly, Babatunde Fashola, Minister of Power, Works and Housing, said the Council gave approval for the construction of Gombe-Biu Road which is expected to gulp N27 billion.

Support the ICIR

We invite you to support us to continue the work we do.

Your support will strengthen journalism in Nigeria and help sustain our democracy.


If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation



Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Support the ICIR

We need your support to produce excellent journalism at all times.



Lawyer faults Aisha Buhari over student’s arrest

HUMAN rights lawyer Monday Ubani has faulted the wife of the President, Aisha Buhari,...

Court orders arrest, detention of Chief of Army Staff over contempt

A HIGH Court in Minna, Niger State, has issued a warrant of arrest for...

FG, power firms to embrace automated trading platform in 2023 for transparency – NBET

THE Nigerian Bulk Electricity Trading Company Plc (NBET) has disclosed that all parties in...

Which region is more populated in Nigeria? – applying deductive reasoning to the question

By Bashir Abdulrahman ON November 10, 2022, I received an audio clip of a man...

FG blames state governors for rising poverty, hardship in Nigeria

THE Federal Government has blamed state governors for the high rate of poverty and...

Most Read


Subscribe to our newsletter