Tag: FEC

FEC approves new debt management strategy

Ayo Olowo

The Federal Executive Council (FEC), on Wednesday, approved a new debt management strategy for 2016 to 2019. The approval was sequel to a memo presented to the council by the Finance Minister Kemi Adeosun, following the expiration of the previous debt management strategy in 2015. Adeosun, who spoke with the State House correspondents in Abuja, […]

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FEC directs MDAs to fast-track release of capital budgets

Ayo Olowo

The Federal Executive Council (FEC), on Wednesday directed Ministries, Departments and Agencies (MDAs), to fast-track the release of their capital budgets to quickly reflate the economy.The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, announced this to State House correspondents after the FEC meeting presided over by Vice President Yemi Osinbajo in Abuja. […]

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