Ministers, top officials to be allocated new titles by the President during the meeting.
Two days after President Goodluck Jonathan misinformed Nigerians in an Independence Day speech, the members of the Federal Executive Council, FEC, will sit at their weekly meeting at the State House, Abuja, to receive their new titles and appellations.
The approval of the new titles, described as acronyms in official government documents, will receive top priority at FEC’s weekly meeting on Wednesday. The meeting will be presided over by Mr. Jonathan.
“Part of the agenda in Wednesday’s meeting will be the presentation of a note approving official acronyms for ministers and some top government functionaries, including some presidential aides, by President Goodluck Jonathan,” a reliable source close to the Presidency confided in PREMIUM TIMES on Tuesday.
The FEC meeting has been criticised in the past for essentially being a contract approving organ. It has now included the approval of acronyms for its members as opposed to focusing on major issues affecting majority of Nigerians, which should normally be the agenda of the council.
Receiving financial report
The FEC will also receive the annual reports and audited accounts of the Federal Inland Revenue Service, FIRS, for the financial years 2005 to 2010.
The five-year financial report would be presented through a Council memo by the Minister of Finance and Coordinating Minister for the Economy, Ngozi Okonjo-Iweala. She is also expected to present another memo seeking members’ approval for the General and Special Capital increases for capital subscription of the International Bank for Reconstruction and Development, IBRD.
The IBRD is an arm of the World Bank Group established in 1944 with the objective of providing lending facilities to middle-income and creditworthy poorer countries, to help reduce poverty by promoting sustainable development through loans, guarantees, risk management products like bonds.
Contract awards also to feature
Contract approval and consideration, which has always been a focus of the Council meeting is still very important to the council.
Our source say the Minister for Lands, Housing and Urban Development, Ama Pepple, will present a memo seeking the approval for the award of a contract for the completion of the construction of a mausoleum in honour of Nigeria’s first President, Nnamdi Azikiwe, in Onitsha, Anambra state.
Her counterpart in Mines and Steel Development, Mohammed Sada, is also expected to present a memo soliciting the approval of his colleagues for the roadmap for the development of the solid minerals and metal sectors of the country’s economy.
The Minister of the Federal Capital Territory, Bala Mohammed, will present a memo for Council’s ratification of President Jonathan’s anticipatory approval, for the contract for the extension of the water supply to the Abuja Technology Village, including developers’ housing estate.
Mr. Mohammed will also present another memo seeking approval for a contract for consultancy services for the Abuja headquarters secretariat.