FEC approves N4.7 billion for power sector – Minister
Minister of Power, Mr Sale Mamman, revealed to the State House correspondents that the Federal Executive Council (FEC) has approved over N4.7 billion for the power sector.
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This was made known at the FEC meeting chaired by President Muhammadu Buhari. Mamman said,
“Today the Federal Executive Council approved two memos from the Ministry of Power. One is the revised estimated total cost in the contract of construction of infrastructure at the National Power Training Institute of Nigeria permanent site in Abuja. The total cost is N88.046 million.
“The second approval by the council is the extension of the contract time for the consultancy service in the project management and supervision of the ongoing construction of Zungeru at the power project in the sum of 3.5 million US Dollars and N3. 4 billion equivalent to N4. 7 billion,” he said.