Business
FG Proposes Road Sector Bill To Replace FERMA
The Federal Government is proposing a new Road Sector Reform Bill to repeal the Federal Road Maintenance Agency Establishment Act No 7 of 2002 and subsequent amendments.
The Minister of Works, Mr Mike Onolememen, stated this in Abuja recently at the opening of a two-day workshop on the proposed bill.
Onolememen, who said FERMA was merely a stop gap, explained that the bill would herald the birth of the Federal Road Authority (FRA) and National Road Fund (NRF) if the bill scaled through at the National Assembly, the FRA would naturally take charge of road maintenance and ownership.
It would be recalled that the Federal Government had towards the end of 2011, constituted a committee for the Road Sector Reform chaired by Dr Bernard Obika.
The minister said “in 1996, when we had a conference in Abuja and it was decided that African continent should reform the administration of the road sector.
“One of the cardinal recommendations was that a road authority be created that will oversee road development in African countries, just as we have Port Authorities all over the continent.
“But in our usual manner in this country, some interests crept in when we were carrying out our own reform and we just did it half-heartedly and that led to the creation of FERMA.
“With all intent and purpose, FERMA was like a stop-gap,” Onolememen said.
According to the minister, the present administration will through this road reform prove that it had the political will to do what is right.
“Now we have the political will and we want to do what is right,” he stated further.
On the imperative of FRA bill, Onolememen said it would provide for a semi-autonomous road agency that would be responsible for the efficient construction, maintenance and rehabilitation of federal roads.
He said it would also avail the government with the necessary framework.
“The creation of the FRA is in line with international road management practice.
“The organisation provides advice to the minister on road transportation and road infrastructure matters.”
The minister said that Nigeria’s intention of being on the list of the top 20 developed countries by the year 2020 would be a mirage if the infrastructural potentials of the nation were not harnessed, developed and sustained.
Also speaking, the Acting Director-General of Bureau of Public Enterprises, Mr Benjamin Dikki explained that the bill would among other things, improve service delivery in the road sector.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
