‘Nigeria losing N1tn annually to bad roads’

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Nigeria is losing over N1tn annually as a result of bad roads across the country, the Senate has said.

The Federal Roads Maintenance Agency also put the cost in man-hours loss due to bad roads and traffic delays at N1.02tn per annum.

Bassey said, “I think the first thing is to obey the law. Clearly, there is a FERMA Act and the key issue in road maintenance is funding. This issue was addressed in 2008 in the amendment of the FERMA Act, which provided for additional sources of funding for road maintenance. On his part, the Chairman of the Governing Board of FERMA, Tunde Lemo, said funding for Nigerian roads was less than one per cent of the country’s Gross Domestic Product, adding that this was far less than the three per cent of the GDP recommended by the World Bank as a minimum spending threshold.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Was the money for a proper construction or for patching? We choose to be spending that annually.

You people should use Camel mbok.

Where is the road.... Most of the bad roads today are federal government roads, so where is the money, efcc will not investigate this now, if it's yahoo boys you will start disturbing innocent men trying to make a living.

How about lives? You can't put a figure to that!!

Who's to blame nw🙄🙄🙄

Life's of Nigerians lost due to bad potholes & infrastructural roads decay is statistically 10times more than this data, we arecrossroads?

True

Like ur govment care, what's their biz with road? When there is no bad air routh not traffic on the air...

Who calculated it? deceivers

This is Naija

Leave road let purchase Airplane for every states, no maintenances up there...

The government is not aware.

Nigeria don't lose only money but precious lives due to bad roads everyday.NigeriaWhichWay?

I am losing 10m annually

Losing how?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Niger Republic bans rice exportation to Nigeria | The Guardian Nigeria News - Nigeria and World News“Goods that are on the prohibition list in Nigeria, such as rice, used clothes, poultry products and vegetable oil should not be exported to the country.” Niger Benin Nigeria
Source: GuardianNigeria - 🏆 1. / 94 Read more »

BREAKING: Niger Republic protests border closure, bans rice export to NigeriaChecking out 'BREAKING: Niger Republic protests border closure, bans rice expo' on The Nation Newspaper Community:
Source: TheNationNews - 🏆 6. / 69 Read more »

BREAKING: Niger protests border closure, bans rice export to Nigeria😃😁😁😁 So they close border here in the south west, and they didn't close it in the north? Cool That's very good, we are making progress. It's high time we feed ourselves.
Source: MobilePunch - 🏆 8. / 63 Read more »

Nigeria loses N39bn to trailer, tanker accidents - Premium Times NigeriaThe Federal Road Safety Corps (FRSC) says Nigeria lost over N39 billion to tanker and trailer-related road crashes in 2018.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Senate Urges Buhari To Declare State Of Emergency On Federal Roads | Sahara Reporters.NGRSenate Urges MBuhari To Declare State Of Emergency On Federal Roads | Sahara Reporters Supporting the call, Senate President, DrAhmadLawan, said every part of Nigeria was currently being affected by bad roads. READ MORE: NGRSenate MBuhari DrAhmadLawan 1 - Nnamdi Azikiwe exp way kaduna. NGRSenate MBuhari DrAhmadLawan NGRPresident need to declare state of emergency on everything in Nigeria, I mean everything, nothing is right in Nigeria 🙄 NGRSenate MBuhari DrAhmadLawan I was worried earlier today who i could relate the horrible experience on our highways with. Driving has becoming increasingly difficult and our lifes are on the line here! Please do something!
Source: SaharaReporters - 🏆 9. / 63 Read more »

Okorocha under fire over bad condition of Imo roads - Daily Post NigeriaThe Imo State chapter of the Peoples Democratic Party, PDP, has linked the bad roads in the state to what it termed “Chief Rochas Okorocha’s cruelty' towar The reason Ihedioha was elected was to fix the roads and correct the Ills of Okorocha. So stop complaning! Why not make a difference instead continuously blaming Okorocha.
Source: DailyPostNGR - 🏆 11. / 59 Read more »