Home Business FEC Stepsdown Memos of Protracted Projects for Review

FEC Stepsdown Memos of Protracted Projects for Review

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In a bid to ensure probity and proficiency in project execution in the country, President Bola Tinubu has directed that all infrastructural projects requiring additional funding especially major projects within the purview of the Federal Ministry of works be reviewed for further deliberations in the next Federal Executive Council FEC meeting.

Minister of Information and National Orientation Idris Mohammed who disclosed this after the FEC meeting presided over by the President, at the State House, Abuja stated that the decision was aimed to identify the projects that require augmentation or review.
He revealed that the essence of the review of the projects was specifically to stem the tide of abandoned projects in the country.

“As usual, there were also approvals given to various ministries for the projects that they submitting to the Council for approval.

“But of significant note is that there is a decision of the federal executive council to step down, some memos, especially those from the Ministry of Works until the next federal executive council meeting.”

He said the minister of works has been directed to liaise with the Minister of Budget and National Planning and the Minister of Finance and Coordinating Minister of the Economy, Wale Edun to re-evaluate the projects and bring them inline with budgetary provisions.

“The Federal Executive Council FEC has stepped down some memos especially from the ministry of works until the next FEC meeting for further deliberation. The decision is aimed to re-examine the projects that require augmentation or review”, the minister said..

The Information Minister however clarified the projects affected by the suspension, saying that most of the projects suspended were inherited from previous administrations, adding that President Tinubu already directed that any discrepancies between allocated funds and project requirements should be promptly reported to the designated ministers to ensure clarity on funding sources and recommendations

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