The Federal Executive Council on Wednesday stepped down memoranda for some major projects requiring additional funding.
Most of the projects concerned are under the Federal Ministry of Works, the Minister of Information and National Orientation, Mohammed Idris told State House correspondents after the Council meeting on Wednesday.
Idris said the projects were inherited from past administrations from at least 13 years ago and, therefore, required augmentation.
Before additional funding, however, President Tinubu has directed a thorough examination of the projects to ensure probity, proficiency, and diligence in their execution, explained Idris.
The outcome of the review will be discussed at the next FEC meeting.
He also disclosed that the Council directed the Minister of Works, David Umahi, to work with the Ministers of Budget and Economic Planning and the Minister of Finance to streamline all projects in the memoranda for appropriate funding intervention.
“So today, we didn’t have so many projects that were approved as a result of that, but of note is to say that Mr President, in line with his thinking of ensuring that there is probity, proficiency and diligence in project execution, has directed that all projects that require additional funding, preeminent projects of the Ministry of Works, be looked at once again so that there will be further deliberation on that at the next council meeting,” he said.
