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FEC approves N26.7bn ICT, water, digital switchover contracts

The Federal Executive Council (FEC) has approved contracts worth over N26.7 billion.

The contracts were approved on Wednesday for the ministries of Information and Culture; Communications and Digital Economy, as well as Water Resources at the federal cabinet meeting presided over by President Muhammadu Buhari at the Council Chamber of Presidential Villa, Abuja.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, also announced that the council approved a new National Policy on Aging.

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The Minister of Water Resources, Suleiman Adamu, while briefing journalists, said N8.4 billion was approved for his ministry for the implementation of Damaturu water supply scheme.

The Minister of Communications and Digital Economy, Dr Isa Pantami, said the council approved about N8.9 billion for a new National ICT park in the FCT to coordinate public and private ICT hubs in the country.

Pantami added that government would soon release the timeline for the harmonisation of BVN with the National Identity Number (NIN) in bank accounts.

The Minister of Information and Culture, Lai Mohammed, said FEC gave approval for the sum of about N9.43 billion to complete the digital switchover, which had previously missed the deadline set for implementation.

Mohammed also said the council approved a Memorandum of Understanding between the ministry and the Central Bank of Nigeria (CBN) Bankers Committee for the renovation of the National Theatre, Iganmu Lagos.

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