The Federal Executive Council (FEC) has approved 34 strategic priority projects to be implemented with the 2016 Budget, which may be signed into law by President Buhari anytime from now.
The priority projects were contained in a document presented by the Ministry of Budget and National Planning to the Council presided over by Vice-President Yemi Osinbajo.
Briefing State House correspondents at the end of the meeting, the Minister of State for Budget and National Planning, Hajiya Zainab Ahmed, said the government was expecting a final copy of the 2016 Budget from the National Assembly for the President’s assent on Thursday or Friday.
Hajya Ahmed briefed the newsmen alongside the Minister of Information, Lai Mohammed, Minister of State, Industry, Trade and Investment, Aisha Abubakar, and Minister of State for Foreign Affairs, Khadija Bukar Abba-Ibrahim.
The 34 priority projects are grouped into four broad objectives including security/policy governance, diversification of economy, succour for vulnerable Nigerians and reflating the economy through investments.