Home » News » FEC approves over N10.5bn for ports, Customs tools
How research can solve social problems, by Fashola

FEC approves over N10.5bn for ports, Customs tools

The Federal Government Council (FEC) has accepted tasks in two memoranda value above N10.5 billion for the Nigerian Customs Service (NCS).

The tasks, cargo scanners for the Onne and Port Harcourt ports in Rivers State and Tin Can Island Port in Lagos State, in addition to 10 assorted assault and service boats, would ease operations duties for the Customs Service.

Disclosing these to State Home Correspondents after a long-drawn FEC assembly on Wednesday, the Minister of Finance, Price range and Nationwide Planning, Mrs. Zainab Ahmed, mentioned the contract for the three cargo scanners, which had already been awarded on the sum of $18.12 million and N3.255 billion, international and native parts, was a revision of an earlier approval from 2018.

🎴Read Also▶️
VIDEO: Lottery operators protest in Lagos Court docket

She additionally introduced the FEC’s approval for the acquisition of 5 assault boats and 5 patrol boats for the Customs Service.

Minister of Works and Housing, Babatunde Fasola, knowledgeable FEC accepted a memorandum for a coverage on how Nigeria could be sourcing bitumen for native building tasks.

Learn Additionally: Buhari’s Government Order 009 and open defecation

In keeping with him, the memorandum as a result of mandatory contemplating the potentials inherent in regionally sourcing bitumen used for roads and different tasks within the nation, notably jobs era and saving the nation’s international reserve.

🎴Read Also▶️
BREAKING!! Names Of 6 Northern Nigerians Convicted For Wiring $782,000 To Boko-Haram

“Primarily, that coverage advice was accepted by the council in the present day to encourage bitumen manufacturing regionally in Nigeria. It will after all assist to additional diversify the financial system and open one other sub-sector of the extractive and hydro-carbon trade for native alternatives. We see a requirement of 500,000 metric tonnes of bitumen regionally each year.

“So, we encourage those that can manufacture and produce bitumen regionally to faucet into this demand.

🎴Read Also▶️
No security outfit outside ESN will operate in Igboland - Nnamdi Kanu threatens Southeast govs

‘’We see the chance for hundreds of jobs to be created immediately if that is finished. And authorities intends to present encouragement and help to all those that take up this chance.

“We anticipate Kaduna Refinery to additionally elevate its sport by collaborating on this sub-sector of hydro-carbon trade.

‘’We anticipate that it’s going to enhance the standard of bitumen that’s produced and goes into our street building,’’ he mentioned.




Leave a Reply

Your email address will not be published. Required fields are marked *