Close Menu
    What's Hot

    Bitcoin Rises as U.S Names Fed Chair, Boosts Crypto Regulation

    May 14, 2026

    Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF

    May 14, 2026

    XRP Gains 7% Ahead of Nasdaq CME Crypto Index Trading

    May 14, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, May 15
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News
    News

    FCTA Approves N1.94bn for Procurement of Earth-Moving Machines

    Olu AnisereBy Olu AnisereMarch 19, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    FCTA Approves N1.94bn for Procurement of Earth-Moving Machines
    Share
    Facebook Twitter Pinterest Email Copy Link

    FCTA Approves N1.94bn for Procurement of Earth-Moving Machines

    The Federal Capital Territory Administration (FCTA) has approved N1.94 billion for the procurement of earth-moving machinery for its Department of Development Control.

    Chief Felix Obuah, Coordinator, Abuja Metropolitan Management Council (AMMC) disclosed this in Abuja on Wednesday, after the FCT Executive Committee meeting chaired by FCT Minister, Mr Nyesom Wike.

    According to him, the procurement of the earth-moving equipment will ease the work of the department of development control under AMMC.

    “Today, we sought the approval for the procurement of some critical earth-moving machines and equipment for the Department of Development Control under AMMC.

    “The procurement was in favour of Matrak Nigerian Ltd and was approved by the Council with a due period of three weeks.”

    Obuah identified the machinery as SEM CAT Wheel Loader (SEM656), CAT Wheel Loader (950 GC), CAT Excavator (320 GX), CAT Excavator (323 GX) and CAT Dozer (D6 GC). 

    He explained that the equipment was not targeted for demolition, but for the smooth operation of the development control and AMMC. “This will enable us to perfect our job for the interest of our city,” Obuah said. # FCTA Approves N1.94bn for Procurement of Earth-Moving Machines.#FCTA Approves N1.94bn for Procurement of Earth-Moving Machines#

    No Explosion at Port Harcourt Refinery, NNPC Clarifies

    fcta
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Related Posts

    News

    Bitcoin Rises as U.S Names Fed Chair, Boosts Crypto Regulation

    May 14, 2026
    News

    Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF

    May 14, 2026
    News

    XRP Gains 7% Ahead of Nasdaq CME Crypto Index Trading

    May 14, 2026
    News

    BNBUSD -Binance Coin Gains 2%, Tops XRP in Valuation Ranking

    May 14, 2026
    FX Market

    Naira Slips as Interbank FX Turnover Reduces at Official Window

    May 14, 2026
    News

    Nigerian Exchange Declines as Investors Book Profits

    May 14, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Bitcoin Rises as U.S Names Fed Chair, Boosts Crypto Regulation

    May 14, 2026

    Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF

    May 14, 2026

    XRP Gains 7% Ahead of Nasdaq CME Crypto Index Trading

    May 14, 2026

    BNBUSD -Binance Coin Gains 2%, Tops XRP in Valuation Ranking

    May 14, 2026
    Latest Posts

    Bitcoin Rises as U.S Names Fed Chair, Boosts Crypto Regulation

    May 14, 2026

    Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF

    May 14, 2026

    XRP Gains 7% Ahead of Nasdaq CME Crypto Index Trading

    May 14, 2026

    BNBUSD -Binance Coin Gains 2%, Tops XRP in Valuation Ranking

    May 14, 2026

    Naira Slips as Interbank FX Turnover Reduces at Official Window

    May 14, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Bitcoin Rises as U.S Names Fed Chair, Boosts Crypto Regulation

    May 14, 2026

    Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF

    May 14, 2026

    XRP Gains 7% Ahead of Nasdaq CME Crypto Index Trading

    May 14, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.