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FEC approves N458 million to hire economic consultant

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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.

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