NPower News: FEC approves N104b for NPower & Abuja Runway

NPower News: Federal Executive Council (FEC), yesterday, approved N92 billion for the construction of a second runway at the Nnamdi Azikiwe International Airport, Abuja.

The approval came barely 24 hours after the inauguration of the new terminal building at the Murtala Mohammed International Airport (MMIA), Lagos.

Minister of Aviation, Hadi Sirika, disclosed this to newsmen after the meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja.

According to him, the entire sum would be spread across a number of works to be carried out at the airport, over a period of 12 months.

Recall that Buhari, while inaugurating the new terminal building in Lagos, had instructed Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, to source funding for the second runway project for the Nnamdi Azikiwe International Airport in Abuja.

Asked how the government hopes to raise funding for the project, Sirika said the administration would adopt the same pattern used to raise money for all its other projects across sectors.

Also, FEC approved over N14 billion to train 50,000 non-graduates of the NPower initiative.

Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, explained that the money would be used to engage four Federal Government agencies that would be involved in the nine-month training.

She said that at the end of the training, the beneficiaries would be handed starter packs to begin business.

Attorney General of the Federation and Minister of Justice, Abubakar Malami, also said FEC approved the Business, Facilitation and Miscellaneous Provision Bill to consolidate on reforms and enhance productivity and value.

He said the bill was part of the government’s efforts to sustain legacies achieved through the Presidential Enabling Business Environment Council (PEBEC).

The bill will be forwarded to the National Assembly for consideration.


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