Tag: FEC Meeting

FEC Approves N47.9 Trillion 2025 Budget, Set New Oil Price Benchmark

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The Federal Executive Council (FEC) has granted final approval for the 2025 budget, which is set to be presented by President Bola Tinubu. Following the FEC meeting led by President Tinubu at the Presidential Villa on Monday, the Minister of Budget and Economic Planning, Atiku Bagudu, informed State House correspondents that the total expenditure for 2025 is estimated at forty-seven trillion, nine hundred and sixty billion naira, reflecting a 36.8 percent increase from the 2024 projection. He indicated that the 2025 Appropriation Bill is based on an oil price benchmark…

[BREAKING] Lagbaja: Tinubu Postpones FEC Meeting In Honour Of Late COAS

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Tinubu Sacks PTAD Boss

President Bola Tinubu has ordered the postponement of today’s Federal Executive Council (FEC) meeting in honour of the late Lt. General Taoreed Lagbaja, the Chief of Army Staff. The President had earlier confirmed that the COAS died on Tuesday night after battling an undisclosed illness. It is worth noting that this week’s FEC meeting was initially scheduled for today, Wednesday, November 6. However, in a statement signed and released moments ago, Tinubu’s spokesperson, Bayo Onanuga, said the FEC meeting was postponed in honour of Lt. General Taoreed Lagbaja. The statement…

Tinubu Presides Over FEC Meeting

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Comply With ₦70,000 New Minimum Wage – FG Tells State Governors

On Monday, President Bola Tinubu chaired the Federal Executive Council (FEC) meeting at the Council Chamber of the Presidential Villa in Abuja. The meeting is amidst speculation from various sources regarding a potential cabinet reshuffle. Tinubu, who has expressed his intention to dismiss underperforming ministers, has remained unresponsive to discussions concerning adjustments to his cabinet. Before the council meeting, the Secretary to the Government of the Federation, Senator George Akume, praised President Tinubu for his dedication to democracy, particularly highlighting the “conduct of free and fair elections in Edo State.”…