 The federal executive council approved a total of $33.51 billion for the Nigeria Maritime Administration and Safety Agency, an erosion control project in 12 states on Wednesday. The breakdown of both approvals was announced to statehouse correspondents after the week's virtual FEC meeting, presided over by President Mohamed Abu Hari at the Presidential Villa in Abuja by the Minister of Transportation Rotimia Meci and Special Advisor to the President on Media and Publicity, Fermi Adishino. The Minister of Transportation said the approval given for the memorandum submitted to the council was in favour of the Nigeria Maritime Administration and Safety Agency in Imasa for the purchase of a property in Lagos as it is a new headquarters. The council approved for the purchase of Canty Towers, which is located at 35 Paedetukumba at the Mola Street, Victoria Island, Lagos, for the new headquarters of Nigeria Maritime Administration and Safety Agency, which is in Imasa, in the sum of $17 billion, $471 million, $5,139.54, inclusive of 7.5% tax. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.