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Highlights Of Decisions Taken At Federal Executive Council Meeting On 13th And 14th May 

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Highlights Of Decisions Taken At Federal Executive Council Meeting On 13th And 14th May
The Federal Executive Council (FEC), presided over by President Bola Tinubu, concluded its meeting spanning May 13 and 14, 2024. The Council approved numerous policies and projects aimed at boosting the economy, facilitating investments, and enhancing the ease of doing business in Nigeria. Below are the major highlights from the meeting, as shared by Bayo Onanuga, Special Adviser to President Tinubu on Information and Strategy:....KINDLY READ THE FULL STORY HERE▶

  1. Infrastructure and Housing Initiatives: The FEC supported initiatives to revolutionize Nigeria’s infrastructure and housing sectors through Public-Private Partnerships (PPPs), aiming to unlock N2 trillion. The government envisions providing 25-year low-interest mortgages to enable affordable homeownership.
  2. Airport Tolls: All users of federal airports across Nigeria must now pay tolls at the gates, including the President and Vice President.
  3. Sand Dredging Ban: Sand dredging is banned within 10 kilometers of all federal bridges nationwide.
  4. Visa Policy Review: A 4-week deadline was set for reviewing visa policies to facilitate tourism, business, and creativity. The review aims to allow online visa applications with a 48-hour processing time and potential visa waivers for certain countries.
  5. Disabled Aircraft Recovery System: Approval was granted for the supply, installation, and training for a disabled aircraft recovery system at Murtala Muhammed Airport in Lagos, costing N4.2 billion.
  6. Fibre Optic Cable Development: A Special Purpose Vehicle (SPV) will be created on a PPP basis to develop 90,000 kilometers of fibre optic cable, increasing Nigeria’s internet connectivity by 60-70%.
  7. NITDA Reconciliation and Expansion: Approval for consultancy services for the reconciliation and expansion of remittances to the National Information Technology Development Agency (NITDA).
  8. Digital Technology Exchange Programme Hub: Conversion of the property at 324 Jackson Street, San Francisco, USA, into a Nigerian Digital Technology Exchange Programme Hub, valued at close to $7 million.
  9. Bus Terminals in Abuja: Contracts worth N51 billion were approved for building bus terminals and other transport facilities in Abuja. The project will be completed by Planet Projects Nigeria Limited within 15 months.
  10. Kwaita-Yebu Road Upgrade: A contract worth N7.6 billion was awarded to Messrs El & Matt Nigeria Limited to upgrade the Kwaita-Yebu Road in Abuja, to be completed in 18 months.
  11. Court of Appeal Abuja Division: A contract worth N37.2 billion was awarded for the construction of the Court of Appeal Abuja Division, to be executed by Messrs Visible Construction Limited.
  12. Street Lights on Bill Clinton Drive: A N412 million contract for street lights on Bill Clinton Drive, including the procurement of 8 back-up generators powered by Compressed Natural Gas (CNG) or Solar.
  13. Toyota Land Cruiser Buffalo V6 for Customs: Nigeria Customs Service will purchase 200 CNG-powered Toyota Land Cruiser Buffalo V6 vehicles at a cost of N12.5 billion, with insurance cover provided by NEM at a cost of N522 million.
  14. Revenue Assurance Platform for Lottery and Gaming Sector: A 15-year concession was granted to Messrs Yuan Resources Limited for deploying a revenue assurance platform under a PPP arrangement in the lottery and gaming sector.
  15. Road Projects: Several road projects were approved, including the reconstruction of Iseyin-Okeho-Iganna Road in Oyo State and Section 2 of the Lagos-Calabar Coastal Superhighway at a cost of N1.6 trillion.
  16. Koton-Karfe – Abaji Road Reconstruction: An N89 billion contract was awarded for the reconstruction of Koton-Karfe – Abaji Road in Kogi State.
  17. Lokoja-Benin Road Reconstruction: Approval for the reconstruction of Lokoja-Benin Road, Okpela Section, Lokoja-Benin Dualised Auchi Section – Uromi Link Road, and Lokoja-Benin Road, Ekpoma Section, financed by BUA Cement at a cost of N120 billion under the tax credit scheme.
  18. Additional Road and Bridge Contracts: Various contracts for roads and bridges in Kwara, Edo, and Kebbi States, totaling N546 billion.
  19. Kano Bypass: A N230 billion contract to Messrs CCECC for the construction of a 37km Kano Bypass, including bridges and flyovers, to be completed in 36 months.
  20. Sokoto-Illela-Badagry Superhighway: Procurement approval for the Sokoto-Illela-Badagry superhighway to join the Lagos-Calabar Coastal superhighway, initially awarded in 1976 but abandoned.
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“Nigeria Is Doing Well!”: Governor Okpebholo Drops Jaw-Dropping Comparison, Says UK Petrol Costs Over ₦3,000!.

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September 25, 2026

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Edo State Governor Monday Okpebholo has defended Nigeria’s current petrol prices, stating that motorists in the United Kingdom pay the equivalent of over ₦3,000 per litre. Speaking during the “Operation Rescue Benin-Asaba Road” event, Okpebholo shared that he compared fuel costs firsthand during a visit to London, noting that converted prices came out to “about ₦3,000-something” per litre.....KINDLY READ THE FULL STORY HERE▶

Key Highlights from the Governor’s Address:

  • Economic Defense: Okpebholo argued that Nigeria is performing well and that President Bola Tinubu is actively stabilizing the economy.

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  • The “Cruising Level” Analogy: Comparing current hardships to an aircraft’s takeoff—where passengers must wait for the seatbelt sign to turn off before receiving food—the governor expressed confidence that Nigeria will soon reach a “cruising level” of prosperity.

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  • Infrastructure Progress: He highlighted ongoing nationwide concrete pavement road projects as tangible evidence of development under the current administration.

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  • Support for 2027 Presidency: Echoing the sentiment of the Oba of Benin that “you don’t change a working President,” Okpebholo dismissed the idea that Aso Rock will be vacant in 2027, declaring that both Nigeria and Edo State are in safe hands.

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The event also marked the launch of emergency federal interventions on the critical Benin-Asaba highway, which the Minister of Works, David Umahi, stated will undergo temporary rehabilitation before being redesigned with reinforced concrete pavement.

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The World Can’t Ignore Us Anymore: Shettima Drops Truth Bombs At United Nations!.

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September 25, 2026

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Vice President Kashim Shettima delivered President Bola Ahmed Tinubu’s address at the 81st Session of the United Nations General Assembly, focusing on the theme “Restoring Trust, Managing Transformation: A United Nations That Delivers for All.”....KINDLY READ THE FULL STORY HERE▶

  • Security Council Reform: Nigeria called for an urgent reconstitution of the UN Security Council, pointing out that the global power structure of 1945 is obsolete for the world in 2026. In line with the Ezulwini Consensus and the Sirte Declaration, Nigeria demanded at least two permanent seats for Africa—complete with full rights and veto power—alongside a total of five non-permanent seats.

  • Global Peace and Multilateralism: Stressing the interconnectedness of nations, the address urged a return to founding principles of dialogue, mutual respect, and international law over coercion and unilateral action.

  • Climate and Energy Equity: Rejecting the false dichotomy between development and climate action, the statement highlighted that Africa contributes less than 4% of global emissions yet faces disproportionate impacts. Nigeria reaffirmed its commitment to the Paris Agreement and its Energy Transition Plan to achieve net-zero emissions by 2060.

  • Technological Advancement: Addressing artificial intelligence and modern technology, the statement emphasized that tools depend on human intent and invited global partnership with Nigeria’s young innovators to direct AI toward human advancement.

  • Economic Restructuring and Trade: The address advocated for international financial architecture reform, debt sustainability frameworks, and wider access to concessional financing to ease the heavy debt-servicing burden on developing nations. It also spotlighted the African Continental Free Trade Area (AfCFTA) as a vital driver for regional integration and industrialization.

  • Regional Security and Diplomacy: Drawing on lessons from counter-terrorism efforts and regional leadership via ECOWAS and the African Union, the address underscored that military victories require foundations in education, human rights, and accountable governance.

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“End The Madness!”: Tinubu Fires Global Warning At Fiery UN General Assembly Address!.

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September 25, 2026

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President Bola Ahmed Tinubu has called for a radical overhaul of the United Nations, emphasizing that reform must begin by reconstituting the Security Council to grant permanent representation to Africa. Speaking through Vice President Kashim Shettima during the General Debate at the 81st Session of the United Nations General Assembly in New York, the Nigerian leader warned that the continent can no longer be sidelined on the Council’s agenda, stressing that the modern world cannot remain bound to the power structures of 1945.....KINDLY READ THE FULL STORY HERE▶

  • Security Council Reform: In alignment with the Ezulwini Consensus and the Sirte Declaration, Nigeria demanded at least two permanent African seats—complete with full rights, responsibilities, and veto power—alongside a total of five non-permanent seats.

  • Global Peace and Multilateralism: President Tinubu issued an urgent call for an immediate end to global warfare and a rejection of rising nationalism, urging world leaders to return to the foundational dialogue and cooperation principles of the UN Charter.

  • Climate Action and Energy Transition: Reaffirming Nigeria’s commitment to the Paris Agreement, the President stressed that Africa bears a heavy climate burden despite contributing less than 4% of global emissions, noting that the nation aims for net-zero emissions by 2060 under its Energy Transition Plan.

  • Economic and Financial Restructuring: The address highlighted the obstacles posed by inadequate financing and high debt-servicing costs for developing nations, calling for a broader reform of the international financial architecture and increased access to concessional financing.

  • Security and Regional Solidarity: Drawing on Nigeria’s domestic experience with insurgency and its regional peacekeeping efforts through ECOWAS and the African Union, Tinubu underscored that lasting security requires strong foundations in education, accountable governance, and economic opportunity.

Concluding his address, the President maintained that a reformed and inclusive United Nations remains vital for addressing global crises, reminding world leaders that humanity is our oldest citizenship and peace is the inheritance owed to every child.

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