NIGERIA NEWSHighlights Of Decisions Taken At The Federal Executive Council Meeting On WednesdayPublished 18 seconds ago on 17 January 2024By Oladipo Abiola
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Highlights Of Decisions Taken At The Federal Executive Council Meeting On Wednesday
Approval of the request by the Oyo state government to reconstruct the Ojoo Interchange at Moniya-Akinyele. Oyo government will fund the project.
3. Approval of the signing of an agreement between Nigeria and UAE for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance. The government asked the Attorney General to work out an executive bill to deal with this issue of double taxation, to help our industries and encourage the flow of Foreign Direct Investment.
An executive order is on the way to address the immediate problems of this segment of our industry.
Government will also sooner engage with the Manufacturers Association of Nigeria to discuss mitigating industry wide problems.
6. About 13 healthy regulatory agencies hitherto defunded in the 2024 budget restored in the budget
Defence minister and his counterpart in solid minerals to look into enforcement structure to stop illegal mining, illegal logging etc
8. FEC approved policy guidelines on Transnational Education in Nigeria.
The Council also gave the Federal Ministry of Health the authority to approve recruitment of urgently needed health workers, to reduce bureaucracy.