Friday, October 31, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
ADVERTISEMENT
Home Across the Nation

FG RESOLVES TO SET UP COMMITTEE ON DAMS’ INTEGRITY NATIONWIDE

The meeting also backed the President’s idea of setting up a Disaster Relief Fund to be funded by a portion of the revenue accruing to the Federation account

Newsroom Nigeria by Newsroom Nigeria
September 23, 2024
in Across the Nation
Reading Time: 3 mins read
0
SHARES
Share on FacebookShare on Twitter

MAJOR HIGHLIGHTS OF DECISIONS AT THE FEDERAL EXECUTIVE COUNCIL MEETING HELD ON MONDAY, 23RD SEPTEMBER 2024

1. The meeting reviewed the flooding in some parts of the country, especially the one that destroyed almost 50 percent of Maiduguri in Borno state.

Related posts

Viewpoint: Olumhense’s Hot Air against EFCC, By Tony Egbulefu  

Viewpoint: Re:  EFCC:  Beyond  Asset Recovery, By Dele Oyewale  

October 31, 2025
Chief of Army Staff Appoints Senior Officers to  Strategic Command and  Staff Positions

Chief of Army Staff Appoints Senior Officers to  Strategic Command and  Staff Positions

October 31, 2025

The meeting also backed the President’s idea of setting up a Disaster Relief Fund to be funded by a portion of the revenue accruing to the Federation account. Funds will also be solicited from the private sector. A top banker will most likely chair the fund at its establishment.

2. The meeting resolved to set up a technical committee to conduct integrity tests on Alau Dam and other dams countrywide

3. The Council also approved the Economic Stabilisation Bills, which embody the recommendations of the Presidential Committee on Tax and Fiscal Policy Reforms set up last year by President Tinubu. The bills seek to amend the income tax laws, promote the export of goods and services, reform the exchange rate regime and unlock foreign exchange liquidity. One of the bills offers tax relief to companies that generate incremental employment. Another offers personal income relief to people in private and public employment, from N200,000 to N400,000.

Another of the bills seeks Federal and state collaboration to suspend certain taxes on small businesses and vulnerable populations. Among the taxes to be axed are road haulage levies, business premise registration levies, livestock levies, and market taxes and levies.

The Economic Stabilisation Bills, with the Council’s approval, will now be transmitted to the National Assembly for passage.

4. The Council approved a contract to build a 258 km 3-lane carriageway with continuous reinforced concrete pavement in Kebbi and Sokoto states. The stretch is part of the 1000km superhighway from Illela, Sokoto State, to Badagry, Lagos State. The section awarded starts from Silame in Sokoto state and terminates at Buya Town in Kebbi.

5. The council approved the revised estimated contract cost for constructing Bodo-Bonny Road with bridges across the Opobo Channel in Rivers State. The contract was awarded in 2014 for N120 billion and revised in 2021 to N199, 923,638,963.87. The FEC approved another increase to N280 billion, with an additional completion period of 12 months.

6. The council approved the rescoping and downward review of the contract to rehabilitate the Abuja-Kaduna-Zaria-Kano dual carriageway at a lower cost of N740.79 billion. Julius Berger’s job now has a completion period of 14 months and includes the provision of solar lights.

7. Messrs CCECC Nigeria Limited was awarded two road contracts, including bridges in Kogi and Cross River, at a total cost of N133.4 billion. They are the construction of Cross River to Oferekpe Road and the rehabilitation of Kabba (Kogi State), Iyamoye-Omuo-Ikole-Ifaki-Ado Ekiti Road.

8. Messrs BDT International Limited was awarded the contract to repair the Gamboru Bridge along Gamboru-Ngala-Kala, Balde Road in Borno State. The cost is N3.2 billion, and completion will take 24 months.

9. Messrs CCECC Nigeria will repair the damaged loops and ramps of the Third Mainland Bridge superstructure and rehab Adeniji-Falomo Roads at N42 billion. Completion time is six months.

10. The council approved the N158 billion contract to construct service lanes for the Lekki Deep Sea Port through Epe to Shagamu-Benin Expressway. Dangote Industries will be awarded the contract under the Federal Government Road Infrastructure Development Fund and Refurbishment Investment Tax Credit Scheme.

11. The council approved the contract for the dualisation of Afikpo-Uturu-Okigwe Road in Ebonyi, Abia and Imo states. The road will be financed under the Federal Government Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.

12. Also approved by the councils are contracts for the repair of 14 bridges and roads and flooded sections of the Federal Highways nationwide..

13. The council approved no fewer than seven memos brought by the FCT Ministry. Among them was the contract for the building of Judges Quarters in Katampe. Also approved was the contract to construct an access road from Ring Road 1 by N16 Shehu Shagari Way to Judges Quarters.

14. The council approved the contract for building an access road from Arterial Road N11 in Mabushi District to Judges Quarters within Cadstral Zone B07 in Katampe.

15. The council approved three roads in FCT satellite towns: the Pai-Gomani Road in Kuala Area Council, Aguma Palace-Radio Nigeria-New Market Road in Gwagwalada, and road upgrades in Bwari Area Council.

16. The council approved two memos presented by the Ministry of Information and National Orientation. One memo deals with the restoration of dignity and standardisation of national symbols, such as the national flag, coat of arms , national anthem, and national pledge. Council approved that the first stanza of the National Anthem should be rendered at all official functions, while the three stanzas should be for special occasions, such as `Independence Day, Democracy Day, Inauguration of the National Assembly, Children’s Day, Armed Forces Remembrance Day and Workers Day. The Council approved adopting the third stanza of the New National Anthem as the National Prayer to replace the current National Prayer. The second memo of the Ministry deals with the unveiling of the national values charter. The Council approved it.

 

 

 

 

Bayo Onanuga
Special Adviser on Information & Strategy to the President

ShareTweetSendShareShare
Previous Post

Editors Take 2024 Annual Conference To Bayelsa, Invite Experts to Address Economy, Media Challenges

Next Post

Alleged $6b Mambila Project Fraud:  Witness Narrates how N5.2m was Allegedly Wired to Agunloye 

Related Posts

Viewpoint: Olumhense’s Hot Air against EFCC, By Tony Egbulefu  
Across the Nation

Viewpoint: Re:  EFCC:  Beyond  Asset Recovery, By Dele Oyewale  

October 31, 2025
Chief of Army Staff Appoints Senior Officers to  Strategic Command and  Staff Positions
Across the Nation

Chief of Army Staff Appoints Senior Officers to  Strategic Command and  Staff Positions

October 31, 2025
TINUBU TO SERVICE CHIEFS: NO MORE EXCUSES, IT’S TIME TO DEFEAT TERRORISTS AND BANDITS
Across the Nation

TINUBU TO SERVICE CHIEFS: NO MORE EXCUSES, IT’S TIME TO DEFEAT TERRORISTS AND BANDITS

October 30, 2025
MAJOR GENERAL WAIDI SHAIBU TAKES OVER AS 25TH CHIEF OF ARMY STAFF
Across the Nation

MAJOR GENERAL WAIDI SHAIBU TAKES OVER AS 25TH CHIEF OF ARMY STAFF

October 30, 2025
SOUTH WEST GOVERNORS, STAKEHOLDERS RALLY FOR POWER DEVOLUTION, REGIONAL GROWTH AT PARLEY IN ONDO
Across the Nation

SOUTH WEST GOVERNORS, STAKEHOLDERS RALLY FOR POWER DEVOLUTION, REGIONAL GROWTH AT PARLEY IN ONDO

October 29, 2025
Development Has No Party,  Progress Knows No Partisan Affiliation – Afenifere Leader
Across the Nation

Development Has No Party, Progress Knows No Partisan Affiliation – Afenifere Leader

October 29, 2025
Next Post

Alleged $6b Mambila Project Fraud:  Witness Narrates how N5.2m was Allegedly Wired to Agunloye 

RECOMMENDED NEWS

Hashim to Opposition Politicians: Ethnic Blackmail Is a Dead Strategy, Face Real Development Issues

7 months ago

APC DENIES ATTACK ON PRESIDENT BUHARI IN KANO, CALLS FOR ARREST OF PDP’S PUBLICITY SECRETARY

3 years ago
TINUBU APPOINTS BABANGIDA CHAIRMAN OF THE BANK OF AGRICULTURE

TINUBU APPOINTS BABANGIDA CHAIRMAN OF THE BANK OF AGRICULTURE

3 months ago

OTOGE HAS NOT CHANGED THE FORTUNE OF KWARA NORTH, SAYS LAWAL, SDP GUBER HOPEFUL

3 years ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

    BREAKING: TINUBU CHANGES SERVICE CHIEFS

    0 shares
    Share 0 Tweet 0
  • VIEWPOINT: HERE IS THE CURRICULUM VITAE OF NEW SERVICE CHIEFS

    0 shares
    Share 0 Tweet 0
  • SOUTH WEST GOVERNORS, STAKEHOLDERS RALLY FOR POWER DEVOLUTION, REGIONAL GROWTH AT PARLEY IN ONDO

    0 shares
    Share 0 Tweet 0
  • PRESIDENT TINUBU SIGNS INSTRUMENT OF CLEMENCY AND PARDONS, MOVES SECRETARIAT OF PREROGATIVE OF MERCY COMMITTEE TO JUSTICE MINISTRY

    0 shares
    Share 0 Tweet 0
  • Runsewe Bags ‘Pillar of Niverian Tourism and Culture’ Award

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.