Aso Villa Reads for Thursday, Mar. 18, 2021
Every day, we 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, on Wednesday approved N11.72 billion for projects in the Works and Housing, as well as Health ministries. Works and Housing Minister Babatunde Fashola announced this to State House Correspondents after the week’s virtual FEC meeting in Abuja. The minister said N8.649 billion was approved for his ministry as variation for works on the Enugu-Onitsha highway. [The Nation]
The Federal Executive Council (FEC) has approved the sum of $1.5 billion for the rehabilitation of the largest refining company in the country, the Port Harcourt Refinery. The Minister of State for Petroleum Resources, Chief Timipre Sylva, disclosed this to State House Correspondents after the weekly virtual FEC meeting, presided over by President Muhammadu Buhari. According to the Minister, the rehabilitation will be done in three phases of 18, 24 and 44 months, adding that the contract was awarded to an Italian company, Technimount SPA, who are experts in refinery maintenance.[The Nation]
The Minister of Youth and Sports, Mr. Sunday Dare, has assured authorities at the Ahmadu Bello University, (ABU) Zaria, of the Federal Government’s support on sports development. Dare gave the assurance in Abuja last week, during a visit of the institution’s top officers to his office. He said this would enable the institution to compete with its counterparts across the world. He stressed the need for ABU sports facilities to be upgraded because of the high population of students on the campus. [The Nation]
Siemens will be finalising details about a letter of credit from the Federal Government of Nigeria this week, less than 23 days after signing the pre-engineering phase of a Presidential Power Initiative (PPI) deal seeking to boost power generation in Nigeria. The development gives a glimmer of hope for millions of households and Business in Nigeria that has ancicipated the deal to put paid to Nigeria’s long struggle to keep the lights on in Africa’s biggest economy. [Business Day]
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