FEC approves N8.6bn to begin Siemens power project

Nigeria News News

FEC approves N8.6bn to begin Siemens power project
Nigeria Latest News,Nigeria Headlines
  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

The Federal Executive Council (FEC) has endorsed the President’s approval to release €15.21 million (N6.94 billion) offshore and N1.71bn onshore, totaling N8.65bn as counterpart funding to kickoff phase 1 of... Read more:

The Federal Executive Council has endorsed the President’s approval to release €15.21 million offshore and N1.71bn onshore, totaling N8.65bn as counterpart funding to kickoff phase 1 of the Siemens Presidential Power Initiative.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Trust /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FEC approves N8.64bn for Siemens power dealFEC approves N8.64bn for Siemens power dealThe Federal Executive Council (FEC) has endorsed the President’s anticipatory approval for the release of €15.21 million (N6,940,081,465.20) offshore and N1.708 billion onshore, totaling N8,648,081,465.2 towards... Read more:
Read more »

FG approves N8.64bn counterpart funding for Siemens power dealFG approves N8.64bn counterpart funding for Siemens power deal
Read more »

FEC approves release of funds for phase one of Siemens AG power dealFEC approves release of funds for phase one of Siemens AG power dealThe Federal Executive Council (FEC) has ratified an anticipatory approval for the release of €15.21 million and N1.708 billion, onshore and offshore...
Read more »

Nigeria okays N8.64bn for Siemens electricity dealNigeria okays N8.64bn for Siemens electricity dealNigeria’s Federal Executive Council (FEC) meeting has ratified President Mohammadu Buhari’s anticipatory approval for the release of a total of N8,648,081,465.2 (€15.21 million or N6,940,081,465.20 and offshore and N1.708 billion onshore) towards the counterpart funding for the power deal with Siemens AG, signed by the Nigerian and German governments in 2019. Minister of Finance, Budget …
Read more »

FEC Honours Late Ex-Railway Minister, AbdulrasaqFEC Honours Late Ex-Railway Minister, AbdulrasaqFEC Honours Late Ex-Railway Minister, Abdulrasaq
Read more »



Render Time: 2025-04-05 12:02:03