The approval came barely 24 hours after the inauguration of the new terminal building at the Murtala Mohammed International Airport (MMIA), Lagos.
According to him, the entire sum would be spread across a number of works to be carried out at the airport, over a period of 12 months.
Recall that Buhari, while inaugurating the new terminal building in Lagos, had instructed Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, to source funding for the second runway project for the Nnamdi Azikiwe International Airport in Abuja.
Also, FEC approved over N14 billion to train 50,000 non-graduates of the N-Power initiative.
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, explained that the money would be used to engage four Federal Government agencies that would be involved in the nine-month training.
Attorney General of the Federation and Minister of Justice, Abubakar Malami, also said FEC approved the Business, Facilitation and Miscellaneous Provision Bill to consolidate on reforms and enhance productivity and value.
He said the bill was part of the government’s efforts to sustain legacies achieved through the Presidential Enabling Business Environment Council (PEBEC).
The bill will be forwarded to the National Assembly for consideration