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The Federal Executive Council has introduced a new Exit Benefit Scheme that will allow retiring federal workers to receive a gratuity equivalent to their entire annual salary. The program will commence on January 1, 2026, aiming to enhance the financial security of retiring civil servants.
The Nigerian government has officially recognized medical fellowships as equivalent to a Doctor of Philosophy (PhD) for academic advancement and career progression among medical professionals. This decision was announced following a Federal Executive Council (FEC) meeting.
The Federal Executive Council, led by President Bola Tinubu, has sanctioned the demolition of the Carter Bridge in Lagos and its reconstruction with an investment exceeding N5 billion. Minister of Works, David Umahi, revealed this decision on March 4.
The Federal Executive Council has authorized significant infrastructure initiatives, including the demolition of Carter Bridge and plans for a Grid Asset Management Company to enhance Nigeria's power sector.
