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MINISTER PUSHES FOR ALTERNATIVE FUNDING SOURCE FOR FERMA

…Says steering c’ttee underway

By Dele Ogbodo

In an effort to explore alternative sources of funding to supplement the funding challenges being experienced by the Federal Roads Maintenance Agency (FERMA), the Minister of State for Works, overseeing the agency, Mr. Bello Muhammad Goronyo, has directed that a steering committee be constituted to look into other sources of funding for the agency.

According to him, the sources should including those captured in the FERMA Act, to enable her deliver its mandate of effectively and efficiently monitoring and maintaining all Federal roads across the country. 

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Goronyo, disclosed this at a one-day retreat for the board and management of FERMA with the theme “Delivering FERMA’s Mandate Aligned to Renewed Hope Agenda held recently in Abuja.

The Minister said, there was nowhere in the world that annual budget allocation funded effectively the maintenance of roads infrastructure, hence, the committee when constituted, will swing into actions with the intervention measures that will help FERMA get more funding to help her achieve her mandate of maintaining Roads for easy and safe use by Public.

This he said, will help President Bola Tinubu’s Administrtaion realize his Renewed Hope Agenda of delivering infrastructures to Nigerians.

He also added: “Well maintained roads has a lot of implications on every one of us, be it healthcare, education, security, employment, economic growth and prosperity”.

Goronyo commended the MD/CEO, FERMA, Dr. Emeka Agbasi, for his focus on delivering FERMA’s mandate to Nigerians, describing him as a silent achiever who is working to achieve so much despite the little given to the Agency. 

The Minister also appreciated the board members and called for continuous support from them to the management to facilitate the realisation of the agency’s mandate of keeping all Federal roads motorable for the benefit of citizens and development of Nigeria’s economy. 

He assured that there would be continuous engagement, collaboration and synergy between the Federal Ministry of Works, Federal Roads Maintenance Agency and other relevant stakeholders for more improvement in the activities of the Agency.

Speaking earlier, the Managing Director/CEO, FERMA, Engr. Emeka Agbasi, FNSE, stated that the retreat provides an opportunity to develop practical solutions to the challenges facing the agency in line with the best practices and also to establish clear and measurable goals for the year in line with the Agency’s mandate.

 According to him “the scope of the retreat encapsulates  an in-depth look into the 8 point agenda of Mr. President, adding that, understanding the role of the board and management of the agency towards the actualization of the mandate is imperative.

He further added that issues confronting the funding challenges of FERMA, will be developing strategies to improve funding.”

The MD appreciated the Minister and the Permanent Secretary, Engr. Adebiyi Olusesan Olufunso, for initiating the retreat to discuss topical issues affecting the agency and create a compass to continuously improve FERMA’s performance. 

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