The Federal Executive Council Wednesday approved more than $8.29 million and N3 billion to facilitate execution of sundry electricity projects in the country.
This was disclosed to newsmen after FEC’s virtual meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja.
Minister of Power, Mamman Saleh, said the projects, specifically bordering on procurement of equipment, designs and manufacture, were for upgrade of the nation’s electricity facility and improvement of power supply.
Saleh said the ministry presented six memoranda to FEC, which were all approved.
The aggregate of all the figures, in both naira and dollar, totalled N6,156,168,822, at the official exchange rate of N380 to $1
Written by: EaglesFM