September 21, 2025

FEC

Education

FEC Puts Education Expansion on Pause, Orders 7-Year Freeze on New Federal Universities, Polytechnics, and Colleges

Abuja, Nigeria — August 13, 2025 | The Federal Executive Council (FEC), chaired by President Bola Ahmed Tinubu, has imposed a seven-year halt on establishing new federal universities, polytechnics, and colleges of education across Nigeria. Minister of Education, Dr. Tunji Alausa, disclosed the decision, stressing that the move aims to stop the unchecked proliferation of

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Finance General

FEC Secures $125m Islamic Bank Loan to Fix 161km of Abia Roads, Boosting Trade and Travel

Abuja, Nigeria — August 13, 2025 | The Federal Executive Council (FEC) has approved a $125 million financing package from the Islamic Development Bank (IsDB) to fund major road construction and rehabilitation projects in Abia State. The facility will cover 35 kilometres of roads in Umuahia, the state capital, and 126 kilometres in Aba, the

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General

President Tinubu Approves N787.14 Billion, $651.7 Million for Key Road Projects in 13 States

President Bola Ahmed Tinubu has approved a total of N787.14 billion and $651.7 million for the execution and rescoping of critical infrastructure projects, particularly major road constructions, across 13 states of the federation. The approvals were granted during the latest Federal Executive Council (FEC) meeting held at the Presidential Villa in Abuja. Minister of Works,

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Business Economy World

FEC Approves Nigeria’s Accession to Asian Infrastructure Investment Bank

The Federal Executive Council (FEC) has approved Nigeria’s formal accession to the Asian Infrastructure Investment Bank (AIIB), following the presentation of a memorandum by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. Mr. Edun, while addressing members of the Council during its meeting held on Monday in Abuja, confirmed

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