4.3 C
New York
Saturday, April 20, 2024
HomeNewsSenate Passes Bill to Scrap FERMA

Senate Passes Bill to Scrap FERMA

The proposed bill will repeal the Federal Roads Maintenance Agency Act, Federal Highways Act, and the Control of Advertisement on Federal Highways Act.

The bill was passed on Wednesday.

The proposed law is aimed at facilitating the establishment of an agency to govern and manage the nation’s federal roads network.

When established, the agency is expected to facilitate private sector participation in the development, financing, maintenance, management, and improvement of roads in Nigeria.

It would also regulate contracts for road concession and other forms of public-private partnership as well as set guidelines for the working of PPP contracts.

Advertisements

The bill was sponsored by the Deputy Minority Leader of the House of Representatives, Toby Okechukwu (PDP, Enugu) and Ossai Nicholas (PDP, Delta).

It was sponsored in the upper chamber by the Senate Leader, Yahaya Abubakar (APC, Kebbi) for concurrence and passage in line with legislative traditions.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari