Politics

HIGHLIGHTS OF THE FEDERAL EXECUTIVE COUNCIL MEETINGS HELD ON 13TH AND 14TH MAY, 2024

Published

1 year ago

May 14, 2024

The Federal Executive Council concluded its meeting that started yesterday today, Tuesday May 14, 2024.

After exhaustive deliberations, the council approved a number of policies and projects that will further boost the economy, facilitate investments and promote the ease of doing business in the country. The under-listed are the major highlights:

1. Council supported a series of initiatives set to be launched that will revolutionize Nigeria’s Infrastructure and Housing sector through Public-Private Partnerships

The initiatives which can unlock about N2 trillion are aimed at transforming the nation’s infrastructure and housing mortgage sector, meet the urgent demand for critical infrastructure and affordable homeownership, fostering job creation, inclusive growth, and long-term productivity enhancement.

Inspired by the 1970s era, the government envisions a future where ordinary Nigerians can access 25-year mortgages at low-interest rates to realise their dream of owning a home. By collaborating with private institutional investors, the government seeks to replicate past successes and address current challenges effectively.

This strategic partnership aims to leverage the expertise and capital of private investors to accelerate the delivery of vital projects, driving sustainable development and economic progress for all Nigerians.

2. FEC approved that all users of Federal airports all over the country must now pay tolls at the gates. No one is excluded. The President and Vice President of Nigeria will also pay the toll.

3. The council announced a ban on sand dredging 10 kms from all Federal bridges throughout the country.

4. Council annouced a 4-week deadline for review of visa policy to enable tourists, business people, and creative professionals visit Nigeria. The ease of doing business, the council agreed cannot materialise if prospective visitors face a herculean problem getting our country’s visa. Part of the review envisaged is that visa applicants can apply for the visa online and get one within 48 hours. Also visas may be waived for holders of visas of some countries.

5. The council granted approval for the supply, installation and training of operators of disabled aircraft recovery system at Murtala Muhammed Airport in Lagos. The contract will cost N4.2 billion. Similar contract was awarded in 2021 for Nnamdi Azikiwe International Airport in 2021.

6. Council approved Special Purpose Vehicle to be created on a PPP basis to develop 90,000 kilometres of fibre optic cable to increase Nigeria’s internet connectivity by 60-70 percent. The SPV intends to copy the NLNG model.

7. Council approved a consultancy service for the reconciliation and expansion of the remittances to NITDA.

8. Council approved the request of the Ministry of Communications to convert the property at 324 Jackson Street, San Francisco, USA into a Nigerian Digital Technology Exchange Programme Hub. Property owned by the Nigerian government is valued at close to $7million.

9. The Federal Executive Council also approved the award of contract for the building of bus terminals and other transport facilities in the Federal Capital, Abuja. Terminals will be built within 15 months at Kugbo, Abuja Central Business District and Mabushi. The whole project will cost N51 billion and will be executed by Planet Projects Nigeria Limited, which did similar contracts in Lagos and Oyo states.

10. Council approved the award of contract to Messrs El & Matt Nigeria Limited to upgrade Kwaita-Yebu Road in Kuala Area Council of Abuja at a cost of N7.6 billion. Completion time is 18 months.

11. Council approved contract for the building of the Court of Appeal Abuja Division at a cost of N37.2 billion. Project will be executed by Messrs Visible Construction Limited.

12. The Council awarded contract at a cost of N412million for street lights on Bill Clinton Drive, Airport Expressway. The job includes the procurement of 8 back-up generators, which will be powered by Compressed Natural Gas( CNG) or Solar, in line with government’s decision about migrating from fossil fuel to renewable energy. The council discussed extensively the need for this energy transition, as it is climate friendly, because of low emissions and also because it will reduce cost of transportation and inflation.

13. Council approved the request by Nigeria Customs Service to buy 200 Toyota Land Cruiser Buffalo V6 at a cost of N12.5 billion. All the vehicles will be CNG powered. Government also approved insurance cover for the vehicles at a cost of N522 million. The cover will be provided by NEM.

14. Messrs Yuan Resources Limited was awarded the concession to deploy a revenue assurance platform under PPP arrangement in the lottery and gaming sector. The concession which will be for 15 years, will be done via DFBOT option, which means Design, Finance, Build, Operate and Transfer.

15. Before the Monday meeting was adjourned till Tuesday, council approved several road projects. Among them was the reconstruction of Iseyin-Okeho-Iganna Road in Oyo State.

16. Council approved Section 2 of the Lagos-Calabar Coastal Superhighway for construction, at a cost of N1.6 trillion.

17. Approval was granted for the award of contract for reconstruction of Koton-Karfe -Abaji Road (Abuja bound), along Abuja-Lokoja Route in Kogi state at a cost of N89 billion.

18. On Day 2 of the FEC meeting, approval was given for the award of contract for the equalisation of Lokoja-Benin Road, Okpela Section, Lokoja-Benin, Dualised Auchi Section -Uromi Link Road and Lokoja-Benin Road, Ekpoma Section. It was on this road that a fuel tanker fell into high water recently, with villagers having to swim to rescue the occupants of the tanker. The reconstruction will be financed by BUA Cement at a cost of N120 Billion under the tax credit scheme.

19. Council approved contracts to various contractors to build roads and bridges in Kaima-Tesse, Kwara State, Benin-Agbor, BeninByepass and Ngaski-Wara in Kebbi State. All the four contracts will cost N546 billion.

20. Messrs CCECC was awarded contract at N230 billion to build Kano Bypass. The road which is 37kms long will include bridges and several flyovers. The company has 36 months to complete the work.

21. The Council approved for procurement the Sokoto-Illela-Badagry superhighway, which is meant to join the Lagos-Calabar Coastal superhighway. The road was first awarded in 1976 and then abandoned.

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Politics

Tinubu surrounded by sycophants, detached from ordinary Nigerians — Bugaje

Published

9 hours ago

June 13, 2025

Ekwutos Blog

A political activist, Usman Bugaje, says President Bola Tinubu is detached from the suffering of ordinary Nigerians because he is surrounded by sycophants.

Bugaje made this statement on Thursday during Channels Television’s special Democracy Day programme titled ‘Nigeria’s Democratic Journey: An Inter-Generational Conversation on Building a Better Nation,’ commemorating 26 years of unbroken democratic rule in Nigeria, blasting Tinubu’s leadership style.

He alleged that the President’s inner circle shields him from the harsh realities the citizens face.

“It looks like the President has been completely encircled by sycophants. They don’t allow him to see the realities, they don’t tell him the truth. But if he knew what was happening in society, he would be ashamed of himself. As far as I know him, I never thought he would allow this situation.

“He is now there, wallowing in the comfort of the Villa, talking in ways that show he doesn’t even know what is happening in this country. If he knew, he would not be doing the kind of things he’s doing now,” he said.

The former lawmaker also lamented what he called prosperity without production, adding that Nigerians were no longer swayed by polished speeches but were demanding tangible results.

He accused the current Nigerian democracy of failing to serve its core purpose, which is to uplift the people and ensure their welfare.

He also decried the helplessness of many citizens who have suffered in the hands of insecurity and economic hardship, pointing to the stories of kidnapped victims, unemployed youth, and struggling small business owners.

According to him, any government unable to ensure basic welfare and security has lost the moral right to call itself democratic.

While citing statistics to back his claim, Bugaje described the country’s current state as disgraceful.

Politics

National Assembly becoming shadow of parliament, drifting backwards – Saraki

Published

12 hours ago

June 13, 2025

Ekwutos Blog

Former Senate President Bukola Saraki has said the 10th National Assembly is becoming a shadow of what parliament should be.

Saraki said the current National Assembly is drifting backwards due to faulty leadership.

He accused other arms of government of playing a key role in weakening the current National Assembly.

Saraki stated this in his remarks to mark Nigeria’s 26 years unbroken democracy at the National Assembly yesterday, June 12.

He said the current crop of legislators owed it a duty to make the parliament stronger for future generations.

According to Saraki: “Let me now say that except we are here to lie to ourselves, we must acknowledge the fact that the National Assembly is gradually becoming a shadow of what a virile and effective parliament should be.

“Today, we seem to be drifting backwards. And we don’t have to go far to find the reason for this sad development.

“I am convinced that this is not only the fault of the legislature and its leadership. The executive and judiciary have consistently played key roles in undermining and weakening the National Assembly.”

Saraki urged leaders to work together towards making the National Assembly a strong institution.

The Peoples Democratic Party chieftain said the National Assembly was established to scrutinize the executive.

He cautioned Nigerians against making the National Assembly helpless and hopeless.

“If the National Assembly is made helpless and hopeless to the extent that the people cannot find succour there, then they will be left with no option but to run to the streets. And this is dangerous for our democracy,” he added.

His remark is coming amid accusations that the 10th assembly is a rubber stamp that has leaned completely towards the Federal government.

The Chairman of the Senate Committee on Media and Publicity, Senator Yemi Adaramodu, had dismissed this, saying NASS enjoys a cordial relationship with the executive.

Adaramodu said the current NASS will rubber stamp things that are in the interest of Nigerians.

Politics

One party state: Tinubu on same page with PDP, other parties – Saraki

Published

12 hours ago

June 13, 2025

Ekwutos Blog

Former Senate President, Bukola Saraki has said President Bola Tinubu and the opposition parties are on the same page.

Saraki was reacting to Tinubu’s remark that he is not for a one-party state.

There have been claims that Tinubu was moving Nigeria towards a party state, following recent defections to the All Progressives Congress, APC.

Some of the defectors had blamed the crisis in their various parties for their decision to join the ruling party.

But, Tinubu while addressing the National Assembly yesterday debunked claims that his administration plans to make Nigeria a one-party state.

He, however, stated that he is happy that the opposition parties are in disarray and he won’t help them.

Tinubu said: “To those who ring the alarm that the APC is intent on a one-party state, I offer you a most personal promise. While your alarm may be as a result of your panic, it rings in error.”

Speaking to journalists at the National Assembly, Saraki said: “We must take him at his words, he spoke well saying he is not for a one-party state, so we must take him at his words that he supports a multi-party, so we are all on the same page.

“We the PDP buy into this and that is why we are going around bringing everybody and they heard it, so those people saying there is pressure, there is no pressure on anybody.

“We are all for multi-party and everybody should go and get his house in order. As he said, he’s not going to help us, so we are going to sort our own house and get it in order.”