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2024 Budget: N’Assembly Advocates more Allocation for FERMA

2024 Budget: N’Assembly Advocates more Allocation for FERMA The National Assembly has said that the Federal Road Maintenance Agency is poorly funded and has advocated increased budgetary allocation for improved roads. A statement issued in Abuja on Thursday by the agency’s Director of Communications and Public...

N250bn Required Yearly To Manage Highways – FERMA

N250bn Required Yearly To Manage Highways – FERMA       The Managing Director/Chief Executive Officer, Federal Roads Maintenance Agency (FERMA), Mr Nurudeen Rafindadi, said on Tuesday that the agency would need between N200bn and N250bn annually to keep the federal highway network in manageable condition. He lamented that...

FERMA Gets N8.1bn From FG To Repair Ten Roads

FERMA Gets N8.1bn From FG To Repair Ten Roads       The Federal Executive Council on Wednesday approved a total of N8.1bn for the Federal Roads Maintenance Agency to carry out emergency repairs of 10 roads across the country. The Minister of Works and Housing, Babatunde Fashola, disclosed...

N38bn Budget For Road Repairs Inadequate – Senate

N38bn Budget For Road Repairs Inadequate - Senate         The Senate has described as grossly inadequate, the N38bn earmarked for federal road repairs in the 2021 budget. The red chamber said nothing meaningful could be achieved by the Federal Roads Maintenance Agency across the country with the...

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts       The Federal Executive Council on Wednesday approved contracts for different projects totaling about N39.7bn. The contracts include those of road construction, erosion control and purchase of incinerators for hospitals and the offices of the National Centre for Disease...

Roads: Senator Seeks N500bn Annual Budget For FERMA

Roads: Senator Seeks N500bn Annual Budget For FERMA       The Chairman, Senate Committee on the Federal Roads Maintenance Agency, Senator Gershom Bassey, has called for N500bn yearly budget to enable FERMA fix all the deplorable federal roads across the country. Bassey made the call in an interview...