Echotitbits – Nigeria News

Tag: FEC

  • FG approves 4,000 telecom towers to expand rural coverage and boost security

    FG approves 4,000 telecom towers to expand rural coverage and boost security

    PunchNG (illustrative image on article page)
    2025-12-04

    The Punch reports the Federal Government approved deploying about 4,000 telecom towers to improve rural connectivity, citing security and inclusion benefits.

    The plan targets underserved communities where weak coverage limits digital services and also constrains emergency response and security communications.

    How the programme is funded and maintained will shape whether coverage gains are sustainable.

    Xinhua: “about 4,000 telecom towers nationwide to expand digital access in underserved communities.”

    The Guardian: “targets about 20 million Nigerians.”

    Analysis/Echotitbits take: Execution risk is high: power, vandalism, right-of-way, and backhaul capacity. Watch for the financing model (PPP vs direct funding), rollout timelines, and alignment with fibre upgrades.

    Source: The Punch — December 04, 2025 (https://punchng.com/fg-approves-4000-telecom-towers-to-boost-security-rural-connectivity/)

  • FIRS pushes back on sovereignty fears over France tax cooperation MoU

    FIRS pushes back on sovereignty fears over France tax cooperation MoU

    2025-12-15 08:00:00

    According to The Punch, the Federal Inland Revenue Service (FIRS) said a tax-cooperation MoU with France does not compromise Nigeria’s tax sovereignty amid public debate and calls from some groups to terminate the arrangement.

    The report says FIRS framed the agreement as technical cooperation and capacity support, rather than any transfer of authority over Nigeria’s tax administration.

    Punch notes the controversy underscores rising sensitivity around external partnerships as Nigeria pursues broader revenue and tax reforms.

    Analysis/Echotitbits take: Cross-border tax cooperation can improve enforcement against profit shifting and illicit flows, but trust and transparency are essential. Watch for publication of key MoU terms, parliamentary oversight, and how FIRS explains safeguards on taxpayer data and jurisdiction.

    Source: Business Insider Africa — December 2025

    Business Insider Africa https://africa.businessinsider.com/local/lifestyle/nigeria-signs-tax-data-mou-with-france-raising-sovereignty-concerns/db2qdg7 December 2025

  • FEC Approves New Bank of Industry HQ in Eko Atlantic

    The Federal Executive Council has approved the design and construction of a new Bank of Industry headquarters at Eko Atlantic City, Lagos. Officials say the project will anchor BoI’s role as a development-finance institution.

    PUNCH

    10 Dec 2025

  • Photos: Federal Executive Council [FEC] Meeting Underway in Abuja

    Photos: Federal Executive Council [FEC] Meeting Underway in Abuja

    Before the FEC meeting, Vice President Yemi Osinbajo speaks with Minister of Information and Culture, Lai Mohammed and one other FEC member at the Council Chambers, State House, Abuja.
    A screenshot of other FEC members who joined the meeting electronically.
    President Muhammadu Buhari stands at attention while the Nigerian national anthem is rendered.