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The Federal Executive Council (FEC) on Wednesday, approved that the government obtain credit facilities of 443,330,781.49 euros and another 141 million US dollars from Financiers for the procurement of six fighter aircraft and ammunition for the Nigerian Air Force.
This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, while briefing State House correspondents at the end of the cabinet meeting, presided over by President Bola Tinubu at the Presidential Villa, Abuja.
The Council also approved the establishment of the Creative Economy Fund to ensure the deepening of the electoral and creation of jobs.
The Abia State Government has promised to play a major role in tackling the drop in crude oil production in Nigeria. Governor Alex Otti made this promise on Wednesday at his country home in Nvosi, Isiala Ngwa South LGA of the state when he received a delegation of the Defence Headquarters Joint Monitoring Team. Otti, who decried the drastic drop in crude oil production in Nigeria, said it formed part […]
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