Home Business FEC approves N458m to engage economic growth experts
FEC approves N458m to engage economic growth experts
0

FEC approves N458m to engage economic growth experts

0
0

FEC-meeting1-TVC Nigeria’s cabinet has approved the sum of 458 million naira for the engagement of consultants to conduct pilot laboratories as part of the implementation strategy for the country’s Economic Recovery and Growth Plan, ERGP.

This was one of the decisions taken at Wednesday’s FEC meeting presided by Vice President Yemi Osinbajo at the presidential villabecause the president has been away on a two day official visit to the southeast.

Briefing Journalists after the meeting, Minister of Budget and National Planning, Udo Udoma said council approved the sum for the engagement of consultants to conduct pilot labs as part of the implementation strategy for the country’s Economic Recovery and Growth Plan, ERGP.

Udoma said the focus of the lab is to mobilise private sector investment to finance specific capital projects

Minister of Power, Works and Housing Babatunde Fashola said the council approved the sum of N27.233 billion for the construction of Gombe to Biu road.

Fashola said the road will support access to agricultural facilities, power plants and boost movement of citizens.

The cabinet also approved the Revised Nigerian National Building Code.

The Minister said the revised code adopts international building standards and seeks to improve fire protection systems in buildings.

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *