FEC Approves Industrial Policy 2025, 200 Electric Buses, N187.8bn BOI Headquarters
[NigerianEye - Nigeria] - 11/12/2025
The Federal Executive Council (FEC), presided over by President Bola Ahmed Tinubu, on Wednesday approved five major memoranda presented by the Ministry of Industry, Trade and Investment, including the long-awaited Nigerian Industrial Policy 2025, the procurement of 200 electric buses, and the construction of a new headquarters for the Bank of Industry (BOI) in Lagos.Briefing State House correspondents after the meeting, Minister of State for Industry, Trade and Investment, Senator John Owan Enoh, disclosed that three of the approvals were industry-related while two focused on trade and (…)
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