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July 10, 2024

FEC suspends project memos requiring cost variation

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By Johnbosco Agbakwuru

THE Federal Executive Council, FEC, on Wednesday announced the suspension of all memoranda requiring cost variation for projects undertaken by all Ministries, Departments and Agencies, MDAs.

The suspension was made after the deliberations on the memoranda submitted for the council’s consideration and possible approval on by the Minister of Works, Senator Dave Umahi.

Briefing State House correspondents at the end of the Council meeting presided over by President Bola Tinubu at the Council Chamber, Presidential Villa, Abuja, the Minister of Information and National Orientation, Mohammed Idris, said that the decision was taken to step down the memoranda to enable a proper review of the projects.

The Information Minister was accompanied by the Ministers of Justice, Lateef Fagbemi, and Budget and Economic Planning, Atiku Bagudu.

He noted that most of the projects involved were inherited from preceding administrations, adding that FEC directed that the Attorney General of the Federation should work with the Works minister to ensure that they comply with budgetary provisions.

Idris stated that the essence of the review is to stem the tide of abandoned projects in the country.

He said the consideration of the memoranda will continue at the next meeting of the council.