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    MarketForces Africa » MarketForces News » FCTA Approves N1.94bn for Procurement of Earth-Moving Machines

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

    Olu AnisereBy Olu AnisereMarch 19, 2025 News No Comments2 Mins Read
    FCTA Approves N1.94bn for Procurement of Earth-Moving Machines
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    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#

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    Olu Anisere
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    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.

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