Breaking: FEC approves N27.5tn 2024 appropriation bill

Breaking: FEC approves N27.5tn 2024 appropriation bill

The Federal Executive Council, on Monday, approved the 2024 appropriation bill of N27.5 trillion to be presented by President Bola Ahmed Tinubu.

President Bola Tinubu is chaired the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja, on Monday.

Vice President Kashim Shettima and cabinet members are already in the council chambers for the meeting, with several new permanent secretaries also present.

The eight new permanent secretaries sworn in by the president are Ndakayo-Aishetu Gogo, Adeoye Adeleye Ayodeji, Rimi Nura Abba, Bako Deborah Odoh, Omachi Raymond Omenka, Ahmed Dunoma Umar, Watti Tinuke, and Ella Nicholas Agbo.

The appointees are to be assigned their various portfolios by the Office of Secretary to the Government of the Federation.

The FEC is the top advisory body to the president, saddled with the responsibilities of formulating policies, advising on governance matters, and overseeing the implementation of government initiatives.

The president is also expected to present various issues bordering on the memorandum of understanding and agreement reached at his recent foreign engagements to the cabinet members.

Also Read: President Tinubu presides over inaugural FEC meeting

The Council is the highest policy-forming body for the federal government and comprises ministers, the governor of the Central Bank of Nigeria (CBN), the national security adviser, and some top government officials, including permanent secretaries.