FEC approves N464m for purchase of 67 vehicles for FRSC

The Federal Executive Council (FEC) on
Wednesday in Abuja approved 464 million
naira for the purchase of 67 vehicles for the
Federal Road Safety Commission (FRSC).
The purchase of the vehicles is with a view to
strengthen the commission’s capacity to carry
out its responsibilities efficiently.
The Minister of Labour and Employment, Dr
Chris Ngige, made this known when he briefed
State House correspondents after the meeting,
which was presided over by Vice President
Yemi Osinbajo.
“The Federal Executive Council also, today,
considered a memorandum for the purchase of
some vehicles to strengthen the capacity of
the Federal Road Safety Corp in the efficient
performance of its functions.
“The Federal Road Safety Corp, as you know,
is mandated by the Act setting it up to
maintain safety on our federal highways and
in doing so, we needed to give them the tools
for which they can perform these functions.
“So, today Council approved that 40 double
carrier vehicles be added to their fleets, and
another 27 swift moving cars be added to
their fleets too,” he said.
According to him, the vehicles are to be
sourced from local assembly plants in the
country in line with the nation’s procurement
and local content acts.
He stated that the local sourcing of vehicles
was in line with the spirits of “Buy made in
Nigeria goods’’, adding that the country would
also conserve foreign exchange from the
business deal.
He said the 40 double carrier vehicles would
be procured from the Innoson Group at the
cost of 299.5 million naira while the other 27
cars would be bought from Peugeot
Automobile company at the cost of 164.9
million naira.
The minister disclosed that the council also
stressed the need to reinvigorate FRSC by
providing it with more ambulances and towing
vans to facilitate its smooth operations.
Ngige also revealed that his ministry briefed
the council on the Nigeria’s participation at
the forum of African Growth and Opportunity
Act (AGOA)
In his contribution, the Minister of Budget and
National Planning, Udoma Udo Udoma, said
the council also reviewed the statistics on the
performance of the economy as released by
the National Bureau for Statistics.
He stated that the council noted that the
result of the oil sector for the third quarter
was slightly worse than the second quarter.
He, however, expressed optimism that the
fourth quarter would be much better as oil
production had started moving up as a result
of measures and initiatives put in place by the
government.
According to him, the country’s non-oil sector
has been performing well, with the sector
moving out of recession.
“Indeed the non-oil sector has moved out of
recession with 3.03 per cent. It is moving in
the direction that is most encouraging for the
government.
“Agriculture has continued to grow at 4.5 per
cent; solid mineral grows at 7 per cent, the
financial sector has moved into positive (2.85
per cent)
“Indeed we are encouraged by the direction in
which the non-oil sector is moving,’’ he added.
(NAN)

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