Tag: FEC

A photo power plant station
Electricity

FEC okays management concession for 400MW hydro power plant

The Federal Executive Council has approved an Operation and Management concession for the 360 Mega Watts Gurara II Multipurpose Dam & Hydro Power Plant and the 40 Mega Watts Kashimbilla Hydro Power Plant under a Public Private Partnership model.   The Infrastructure Concession Regulatory Commission made this known on Wednesday, in a press statement, according […]

Engineers working on railway
Business

FEC approves N454bn for rail transport, others 

The Federal Executive Council on Wednesday approved a sum of N453.90bn for the purchase of rolling stock, operation, and maintenance equipment for the Kano-Maradi standard gauge rail line, which is presently being built. The Punch reported that the approved amount also includes N510.93m, which will be used to acquire four customised fire service and search […]

FEC approves Nigeria's electronic cargo tracking system
Business

FEC approves Nigeria’s electronic cargo tracking system 

The  Federal Executive Council has approved the establishment of an electronic cargo tracking note scheme for Nigeria. The News Agency of Nigeria reported that the Minister of Transportation, Alhaji Mu’azu Sambo, informed State House correspondents of this at the conclusion of the Council meeting held on Wednesday in Abuja under the chairmanship of President Muhammadu Buhari. “Council […]