FEC Approves $2.5m, N498.2m For 4 Power Projects

The Federal Executive Council, has approved over 2.5 million dollars, and over 498 million naira for four projects in the Ministry of Power.

The Minister of Power, Saleh Mamman, stated this while briefing State House correspondents at the end of the virtual Federal Executive Council, FEC, presided over by Vice President Yemi Osinbajo at the First Lady’s Conference room, Presidential Villa, Abuja.

Also briefing, the Minister of Environment said the Council ratified an anticipatory approval received from President Muhammadu Buhari on the nation’s Nationally Determined Contribution NDC, which is part of its commitment to the climate change pact.

He explained that the contribution, which saw Nigeria agreeing to cut greenhouse gas emission by 20 percent as at last year and by 45 percent in 2030, adding that part of the obligations to the signatories of the agreement is the revision of the progress and the submission of an interim report every five years.