The Federal Executive Council (FEC) has suspended all memoranda requiring cost variation for projects undertaken by all Ministries, Departments and Agencies (MDAs).
This followed deliberations on the memoranda submitted for the council’s consideration and possible approval on Wednesday by the Minister of Works, Dave Umahi.
According to the Minister of Information and National Orientation, Mohammed Idris, who briefed correspondents after the meeting along with his Justice and Budget and Economic Planning ministers, Lateef Fagbemi and Atiku Bagudu, respectively, the decision was taken to stepped down the memoranda to enable a proper review of the projects.
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Noting that most of the projects involved were inherited from preceding administrations, he said 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.
Details to come later…
