Skip to content
Ova News NG

Ova News NG

Ova News NG feed V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • Home
  • NEWS
  • Senate, Minister Reject Proposed N64.88bn FERMA Budget
  • NEWS

Senate, Minister Reject Proposed N64.88bn FERMA Budget

ovanews 8 months ago 3 min read
Share:

The Minister of State, Works, Mohammad Bello Goronyo, has stated that the budgetary allocation to the Federal Emergency Roads Maintenance Agency, FERMA, is grossly inadequate considering the importance and the enormity of the task it carries out nationwide.

A statement issued by the ministry on Wednesday quoted Goronyo speaking during FERMA’s 2025 Budget defence at the National Assembly, Abuja.

He stated that N96. 7bn was allocated to FERMA in the Act of 2024, which was later magnanimously increased to N103.3bn by Mr. President.

According to him, of this sum, only N41. 282bn was released from the office of the Accountant General of the Federation to the Agency out of which N40.287bn has been utilized to date.

He said, for the 2025 fiscal year, FERMA proposed a budget of N64. 88bn, comprising N4.9bn for personnel costs, N33. 468bn for overhead costs, and N26. 487bn for capital costs.

This budget, he noted, prioritizes major trunk A roads within the six geopolitical zones, aligning with Mr President’s development and economic recovery objectives of the Renewed Hope Agenda.

The Minister further recalled that during the Committee’s oversight visit to the Agency’s Headquarters on Thursday, 7th March 2024, it was observed that the yearly budget allocation to the Agency is grossly inadequate to cater to the enormous task of maintaining the nation’s extensive network of Federal Roads which will require over N700bn.

“The amount proposed for the year 2025 is significantly lower than the 2024 appropriation. I want to implore this esteemed Committee to support the Agency to ensure the sustainability of road infrastructure maintenance.

“The benefits of increased financial support will ensure scaling up preventive maintenance, and promoting sustainable road maintenance practices”, Goronyo said.

In his opening remarks, the Chairman of the Senate Committee on FERMA, Senator Babangida Husaini, stated that the Committee was taken aback when they saw the proposed budgetary allocation to FERMA, wondering why so much attention is paid to the construction of new roads at the expense of the maintenance of the existing ones.

He maintained that Nigerians are daily crying and yearning for the repairs and maintenance of the existing roads to facilitate both their movements and those of their goods.

“If we agree that roads are enablers of growth and development then there must be a need to interface with all stakeholders to find lasting solutions to this perennial issue of poor funding”, he said.

The Managing Director/ CEO of FERMA, Engr. Agbasi Chukwuemeka, explained the performance of the 2024 budget to the Committee while also detailing the performance of the Agency in line with its Key Performance Indicators (KPIs) which include, the length of roads maintained, the area of portholes patched, number of portholes washed out and reinstated, the number of bridges reinstated and the number of direct and indirect jobs created.

He mentioned inadequate budgetary allocation, distressed aged base Pavement, damages and vandalisation of structure, pronounced climate change issues or adverse weather conditions, need to upscale the Human Resource Department to conform with modern trends in road management as some of the challenges the Agency battles with.

He also informed the Committee that the equipment was worth N3. 3bn was donated to the Agency by the Government of Japan and will soon be commissioned as part of the achievements recorded in the year 2024.

Senate, Minister Reject Proposed N64.88bn FERMA Budget is first published on The Whistler Newspaper

Facebook Comments Box
Share:

Related:

  • Abia Rep Urges Tinubu To Settle Contractors To Avert Crisis
    Abia Rep Urges Tinubu To…
    NEWS
  • Pay your indigenous contractors, commence 2025 capital budget – CSOs to Edun, Ogunjimi
    Pay your indigenous…
    NEWS
  • Revisit contractors payment policy – Rep Aguocha tells Nigerian govt of danger
    Revisit contractors payment…
    NEWS
  • ADC Flags First Lady’s Gesture To National Library… Says It’s Not A Charity Project
    ADC Flags First Lady’s…
    NEWS
  • Technical glitch: WAEC, JAMB bringing Nigeria’s educational system to disrepute – Stakeholders
    Technical glitch: WAEC, JAMB…
    NEWS

Post navigation

Previous NWFL: Edo Queens begin title defence vs Abia Angels
Next Sexual Assault :Court Sentences Arabic Cleric To 23 Years Imprisonment In Lagos

  • Recent
  • NCF Urges Tinubu To Grant Abba Kyari, Nnamdi Kanu Amnesty
    • NEWS

    NCF Urges Tinubu To Grant Abba Kyari, Nnamdi Kanu Amnesty

  • Palestinian statehood will be up for debate at the UNGA, with no Palestinian official
    • WORLD NEWS

    Palestinian statehood will be up for debate at the UNGA, with no Palestinian official

  • Borno massacre: UN condemns killing of 63, demands probe
    • NEWS

    Borno massacre: UN condemns killing of 63, demands probe

  • No consensus can unseat Tinubu, he has Buhari’s 12m votes – Okechukwu to ADC
    • NEWS

    No consensus can unseat Tinubu, he has Buhari’s 12m votes – Okechukwu to ADC

  • Japan PM Shigeru Ishiba To Resign Over Election Losses
    • NEWS

    Japan PM Shigeru Ishiba To Resign Over Election Losses

  • 28-year-old man remanded for stealing N11m worth of premium Tequila in Lagos
    • NEWS

    28-year-old man remanded for stealing N11m worth of premium Tequila in Lagos

  • Ordega Grateful To Alia For WAFCON Reception, Rewards
    • NEWS

    Ordega Grateful To Alia For WAFCON Reception, Rewards

  • Transfer: Ndidi gives reason for joining Besiktas
    • NEWS

    Transfer: Ndidi gives reason for joining Besiktas

  • SWAN urges immediate inauguration of NSC Board
    • NEWS

    SWAN urges immediate inauguration of NSC Board

  • They’re top footballers, best in their positions – Zubimendi hails two Arsenal players
    • SPORTS

    They’re top footballers, best in their positions – Zubimendi hails two Arsenal players

  • NCF Urges Tinubu To Grant Abba Kyari, Nnamdi Kanu Amnesty
    • NEWS

    NCF Urges Tinubu To Grant Abba Kyari, Nnamdi Kanu Amnesty

  • Palestinian statehood will be up for debate at the UNGA, with no Palestinian official
    • WORLD NEWS

    Palestinian statehood will be up for debate at the UNGA, with no Palestinian official

  • Borno massacre: UN condemns killing of 63, demands probe
    • NEWS

    Borno massacre: UN condemns killing of 63, demands probe

  • No consensus can unseat Tinubu, he has Buhari’s 12m votes – Okechukwu to ADC
    • NEWS

    No consensus can unseat Tinubu, he has Buhari’s 12m votes – Okechukwu to ADC

  • Japan PM Shigeru Ishiba To Resign Over Election Losses
    • NEWS

    Japan PM Shigeru Ishiba To Resign Over Election Losses

SECTIONS

  • ENTERTAINMENT
  • NEWS
  • POLITICS
  • SPORTS
  • Uncategorized
  • WORLD NEWS
  • LIVE FOOTBALL SCORES ⚽ ⚽ ⚽

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • Terms of Use
  • Privacy Policy

Connect with Us

  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved.
pixel