Tag: FEC

  • FEC Orders Forensic Probe Into Fake Agencies, Payroll Irregularities

    FEC Orders Forensic Probe Into Fake Agencies, Payroll Irregularities

    —

    by

    Starnews NG
    in

    By George Omagbemi The Federal Executive Council (FEC) has approved a comprehensive forensic investigation into government processes and internal controls following investigations that uncovered alleged fictitious government bodies and irregularities within the public payroll system. The decision was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, after the FEC…

  • FEC Approves First Comprehensive Reform of NYSC in 53 Years

    FEC Approves First Comprehensive Reform of NYSC in 53 Years

    —

    by

    Starnews NG
    in

    By Paul Joseph The Federal Executive Council (FEC) has approved a comprehensive reform of the National Youth Service Corps (NYSC), marking the first holistic review of the scheme since its establishment 53 years ago. Announcing the decision, the Federal Government described the reform as a major step aimed at preserving the NYSC’s legacy while repositioning…

  • FEC Approves $2.96bn, €200m, ₦215bn Financing Package For Key Sectors

    FEC Approves $2.96bn, €200m, ₦215bn Financing Package For Key Sectors

    —

    by

    Starnews NG
    in

    By Paul Joseph The Federal Executive Council (FEC), presided over by President Bola Tinubu, has approved a series of financing arrangements worth about $2.96 billion, €200 million and ₦215 billion to boost transportation, agriculture, power, infrastructure and micro, small and medium enterprises (MSMEs). The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele,…