FEC Grants Approval for Establishment of Humanitarian Trust Fund to Generate $5bn Yearly

Federal Executive Council Approves Establishment of Humanitarian Trust Fund to Generate $5 Billion Annually The Federal Executive Council (FEC) has granted its approval for the establishment of the Humanitarian and Poverty Alleviation Trust Fund, which will operate under the oversight of a governing board. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, announced this significant development while addressing State House correspondents shortly after the FEC meeting at the Presidential Villa in Abuja on Monday. She emphasized that this fund represents a versatile financing mechanism intended to bolster Nigeria’s…

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Tinubu Leads Inaugural Federal Executive Council Meeting

President Bola Tinubu has taken the helm of his inaugural session with the Federal Executive Council (FEC). Commencing around noon in the Council Chamber of the State House, Abuja, this marks the first FEC meeting under President Tinubu’s administration. The gathering began with the rendition of the National Anthem. In a succinct opening statement, the President emphasized the importance of ministerial performance, affirming that his cabinet’s dedication to the welfare of Nigerians must be unwavering. Present at the assembly were the Vice President, Secretary to the Government of the Federation,…

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President Tinubu Urges Swift Ministerial Action to Relieve Hardships Facing Nigerians

President Bola Ahmed Tinubu has issued a directive to the ministers of the Federal Republic of Nigeria, urging them to take immediate action to address the challenges faced by Nigerians. The President emphasized the need to boost the economy, tap into the potential of the nation’s youth, ensure food security, and advance healthcare services in order to alleviate the hardships faced by the citizens. This directive was delivered during the inaugural council meeting, where President Tinubu outlined his strategic plan for the country’s economic progress. He called upon the new…

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