Senate seeks financial autonomy for FERMA

The Senate, yesterday, said that it was determined to detach the budget of the Federal Roads Maintenance Agency (FERMA) from the annual budgets of the Federal Ministry of Works and Housing. The Minister of Works and Housing, Mr. Babatunde Fashola, however expressed some reservations on the implications of this proposal by the apex legislative Assembly. The Senate Committee on FERMA, declared its position to the Minister and officials of the road maintenance agency when during a budget session at the National Assembly. The Chairman of the Committee, Senator Gershom Bassey, said the Senate had the desire of having a separate envelope system for FERMA, which would be independent of the Ministry of Works. He said: “We have observed that FERMA is a semi independent agency. We are thinking of bringing out the budget of FERMA from the ministry’s envelope so the agency will deal with its own finance.




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