Nigeria’s Federal Executive Council (FEC) approves funding for transport infrastructure, including road works and new vessels, according to reports from Vanguard and The Punch. Vanguard says FEC approves about ₦2.078 trillion for road infrastructure across 10 states, describing it as part of the federal government’s effort to expand and modernise the national transport network. The Punch reports a larger overall figure, stating FEC approves ₦3.94 trillion for 25 road projects across 10 states, alongside ₦286 billion for new vessels aimed at improving Nigeria’s port system. While the two outlets differ on the total road allocation—Vanguard citing about ₦2.078 trillion and The Punch citing ₦3.94 trillion including multiple components—the reporting is consistent on the scope: road projects are scheduled across 10 states, and FEC funding also covers maritime assets through the purchase of new vessels. Both accounts describe the approvals as part of broader transport-sector development.
FEC approves funding for road projects across states and new vessels
Nigeria’s Federal Executive Council (FEC) approves funding for transport infrastructure, including road works and new vessels, according to reports from Vanguard and The Punch. Vanguard says FEC appro...
- FEC approves federal funding for transport infrastructure, including road projects across 10 states.
- Vanguard reports road funding of about ₦2.078 trillion.
- The Punch reports 25 road projects across 10 states.
- The Punch reports ₦286 billion for new vessels to support the port system.
- Both outlets link the approvals to efforts to expand and modernise Nigeria’s transport network.
The Federal Executive Council has approved N3.94tn for 25 road projects across 10 states and N286bn for new vessels to enhance Nigeria’s port system. Read More: https://punchng.com/fec-approves-n3-94tn-for-roads-vessels-others/
3 hours agoThe Federal Executive Council (FEC) on Monday announced the approval of about ₦2.078 trillion for road infrastructure across 10 states as part of the Federal Government’s drive to expand and modernise Nigeria’s transport network. The post FEC approves ₦2.078tn in road projects across 10 states appeared first on Vanguard News.
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