Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • FG Puts Presidential Jet For Sale In Switzerland After Nigeria Acquires Airbus A330
    • Coalition: ‘It’s Entirely False,’ Borno Governor Dismisses Defection Rumour
    • NLC Threatens Nationwide Strike Over Rising Poverty, Insecurity
    • Lagos Government Confirms Eight Dead, Eight Injured In Road Accident
    • In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector
    • ‘I Am Reinstated By Court’, Natasha Vows To Resume Plenary Tuesday
    • MAAUN Founder, Professor Gwarzo Bags Prestigious Thabo Mbeki Leadership Award At Global African Conference
    • FBI Moves To Arrest Lagos ‘Big Boy’ Over N460m Trump Inauguration Crypto Deal
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    • HOME
    • NEWS

      FG Puts Presidential Jet For Sale In Switzerland After Nigeria Acquires Airbus A330

      July 6, 2025

      Coalition: ‘It’s Entirely False,’ Borno Governor Dismisses Defection Rumour

      July 6, 2025

      NLC Threatens Nationwide Strike Over Rising Poverty, Insecurity

      July 6, 2025

      Lagos Government Confirms Eight Dead, Eight Injured In Road Accident

      July 6, 2025

      In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector

      July 6, 2025
    • COLUMN

      Don’t Kill Yourself Because He’s Cheating – By Funke Egbemode

      July 6, 2025

      Opposition Coalition: New Wine In Old Wineskins? – By Jonathan Nda-Isaiah

      July 5, 2025

      Danger Of The Single Story (DSS) – By Azu Ishiekwene

      July 3, 2025

      PDP: A Party On Death-Bed – By Kazeem Akintunde

      June 30, 2025

      Fear And Fragility: How Safe Are Nigerians? – By Dr Dakuku Peterside

      June 30, 2025
    • EDUCATION

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024

      FULL LIST: Tinubu Appoints Former SGF Yayale, Ex-Governor Yuguda, Muhammad Abacha, Jega In Universities’ Governing Councils

      May 18, 2024
    • INTERNATIONAL

      Israel Sending Negotiating Team To Qatar For Gaza Ceasefire Talks

      July 6, 2025

      Texas Flood Kills 24 As Rescuers Search For Children Missing From Girls’ Camp

      July 6, 2025

      UN Says 613 Gaza Killings Recorded At Aid Sites, Near Humanitarian Convoys

      July 5, 2025

      Dozens Feared Hurt In Fuel Station Blast Across Rome

      July 5, 2025

      Israel Kills More Than 300 In Gaza In 48 Hours As Focus Intensifies On GHF

      July 3, 2025
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      Best Of African Women’s Football On Display As WAFCON Kicks Off

      July 6, 2025

      Mbappe Scores As Real Madrid Beat Dortmund To Set-Up PSG Semi-Final

      July 6, 2025

      Super Eagles’ Captain, Ahmed Musa Named General Manager Of Kano Pillars

      July 5, 2025

      Rashford, Garnacho, Sancho, Two Others Inform Man United Of Exit

      July 5, 2025

      Kaduna SDP Chieftain, Bashir Zakariya Dies In Auto Crash

      July 3, 2025
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    Home - FERMA Defends N65.8 Billion 2025 Budget, Seeks NASS Support

    FERMA Defends N65.8 Billion 2025 Budget, Seeks NASS Support

    By Farouk AbbasJanuary 14, 2025
    FERMA Budget 1
    The Hon. Minister of State for Works, Muhammad Bello Goronyo, Esq., (m), (r) the Permanent Secretary, Federal Ministry of Works, Engr. Adebiyi Olusesan Olufunso, (l) the Managing Director/CEO, FERMA, Dr. Emeka Agbasi, FNSE, during FERMA’s budget defence before the joint session of the Senate and House Committees on FERMA today Tuesday 14th January, 2025.

    THE Federal Roads Maintenance Agency (FERMA), has proposed a total of N64,888,000,000.00 (Sixty-Four Billion, Eight Hundred and Eighty-Eight Million Naira) only, for the 2025 budget appropriation, comprising N4.9 billion for Personnel Costs, N33.468 billion for overhead costs, and N26.487 billion for capital costs.

    According to a statement signed by the Director Information, FERMA, Maryam M Sanusi, fnipr, made available to News Point Nigeria Tuesday, the budget 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 amount is lesser than the N77 billion Naira proposed for the year 2024.

    The Honourable Minister of State for Works, Muhammad Bello Goronyo, Esq., who is the supervising Minister of the Agency, made this opening presentation today at the budget defence before the joint session of the Senate and House Committees on FERMA.

    UBA

    The Hon. Minister assured that FERMA is committed to ensure transparency and accountability, using data-driven decision-making and regular community engagement in road maintenance planning.

    He disclosed that in collaboration with the Committees and Key Stakeholders, efforts to reduce the burden on Federal Government maintenance of road assets nationwide is being looked into.

    WIDGET ADS

    “FERMA is in the process of developing, modifying and redefining key policies which will generate resources for the Agency to proactively maintain our roads for ease of movement of people, goods and services”.

    Goronyo further expressed gratitude to members of the Committees for their unwavering support in ensuring the sustainable development and maintenance of our Federal roads infrastructure in line with the Renewed Hope Agenda to enhance infrastructure and transportation as enablers of growth.

    Thomas Sankara African Leadership Prize

    In his presentation before the Committees, the Managing Director of FERMA, Engr. Emeka Agbasi, fnse, reiterated the paucity of funds of the Agency, noting that adequate funding is needed to enable the Agency increase its activities in preventive maintenance and other interventions on Federal Roads across the country.

    He stressed that the Agency is faced with enormous challenges as a result of low budgetary allocation. He noted that inadequate releases of fund for the 2024 budget, has negatively affected the ability of the Agency to maintain the roads.

    Nigerian TAX Reform - Federal Goverment

    Other challenges he enumerated that are facing the Agency includes age factors of the roads, many of the roads were constructed in the early 70s and they required total rehabilitation. Also, he stressed that abuse of the roads by Nigerians is another factor that is reducing road lifespan.

    The Chairman, Senate Committee on FERMA, Sen. Hussaini Babangida, frowned at the practice where we have continuous construction of new roads without adequate measures to maintain existing ones.

    He noted that the funds for road maintenance is highly inadequate because of the poor conditions of the roads. He is of the view that alternative sources of funding should be explored to increase funding for the road sector.

    National Orientation Agency Page UP
    National Orientation Agency - Down
    FERMA Budget 2
    L-R: Sen. Abba Moro, the Chairman, Senate Committee on FERMA, Sen. Hussaini Babangida, and the Chairman, House Committee on FERMA, Engr. Aderemi Abasi Oseni, during FERMA’s budget defence before the joint session of the Senate and House Committees on FERMA today, Tuesday 14th January, 2025.

    Budget Defence FERMA NASS
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    FG Puts Presidential Jet For Sale In Switzerland After Nigeria Acquires Airbus A330

    July 6, 2025

    Coalition: ‘It’s Entirely False,’ Borno Governor Dismisses Defection Rumour

    July 6, 2025

    NLC Threatens Nationwide Strike Over Rising Poverty, Insecurity

    July 6, 2025

    Lagos Government Confirms Eight Dead, Eight Injured In Road Accident

    July 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    FG Puts Presidential Jet For Sale In Switzerland After Nigeria Acquires Airbus A330

    July 6, 2025

    Coalition: ‘It’s Entirely False,’ Borno Governor Dismisses Defection Rumour

    July 6, 2025

    NLC Threatens Nationwide Strike Over Rising Poverty, Insecurity

    July 6, 2025

    Lagos Government Confirms Eight Dead, Eight Injured In Road Accident

    July 6, 2025

    In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector

    July 6, 2025
    Advertisement
    WIDGET ADS
    News Point NG
    © 2025 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp