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    Home » FERMA Defends N64.88Bn 2025 Budget
    News

    FERMA Defends N64.88Bn 2025 Budget

    HumsiBy HumsiJanuary 18, 2025No Comments3 Mins Read
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    By Miriam Humbe

    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.

    Maryam M. Sanusi (Mrs.), FERMA’s Director of Information and Public Relations disclosed this in a statement.

    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.

    Minister of State for Works, Muhammad Bello Goronyo, Esq., who is the supervising Minister of the Agency, made this opening presentation on Tuesday 14th January, 2025 at the budget defence before the joint session of the Senate and House Committees on FERMA.

    The 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.

    “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.

    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.

    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 said 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.

    2025 Budget FERMA Muhammad Bello Goronyo National Assembly
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