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N125bn Required For Road Maintenance – FERMA Boss

N125bn Required For Road Maintenance - FERMA Boss   The amount required for the maintenance of federal roads in Nigeria annually is N125bn, and not N36bn as allocated for capital budget in the 2020 appropriation bill, the Federal Roads Maintenance Agency said on Tuesday. According to FERMA,...

New Senate Bill Takes Road Maintenance Responsibility Off FG

New Senate Bill Takes Road Maintenance Responsibility Off FG The Senate has introduced a new bill that will take the responsibility of road construction, rehabilitation and maintenance away from the Federal Government. The legislation, if passed and signed into law by President Muhammadu Buhari, will place...

FERMA Seeks Increased Funding For Road Projects

FERMA Seeks Increased Funding For Road Projects   The Federal Roads Maintenance Agency has called on the Federal Government to provide more funding for road projects. The Managing Director of the FERMA, Mr Nurudeen Rafindadi said the decline of good roads and increase of bad roads could...

FERMA Blames Bad Roads On Inadequate Funding

FERMA Blames Bad Roads On Inadequate Funding   Many roads in Nigeria are in bad shape due to lack of proper maintenance occasioned by the paucity of funds at the Federal Road Maintenance Agency, the agency has said. According to FERMA, poor budgetary allocations over the years...

We Can’t Access N64bn Maintenance Fund – FERMA

We Can’t Access N64bn Maintenance Fund - FERMA   The Federal Road Maintenance Agency on Tuesday declared that it had been unable to access the over N64bn road maintenance fund that was meant to come from a particular percentage of petroleum products sale. FERMA’s Managing Director, Nurudeen...

FG Begins Release of N100bn for Constituency Projects

The presidency may have finally caved in to the demands by members of the National Assembly for the release of N100 billion meant for constituency projects before they consider and approve any request from the executive arm of government. Several legislative approvals sought by President...