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FEC Approves N39.6bn For Equipment In Power Sector

The Federal Executive Council, on Wednesday, in Abuja, approved N39.6bn for various contracts for transmission lines in the ministry of power.

Minister of Power, Abubakar Aliyu, who briefed State House Correspondents at the end of the meeting chaired by Vice President Yemi Osinbajo, said the N39.6bn contract sum comprises offshore and onshore components of $53m and N15.6bn respectively.

Also briefing, the Minister of State, Foreign Affairs, Zubairu Dada, said the ministry presented a memo to the Council for its approval and ratification on the African Union Convention on Cross Border Cooperation, better known as the Niamey Convention, initiated by the Nigerian Government during the conference of African ministers in charge of borders on May 29, 2012 in Niamey, Niger Republic, and adopted in Malabo Equatorial Guinea in 2014.

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