September 13, 2024
The Managing Director/CEO of the Federal Roads Maintenance Agency (FERMA), Engr. Chukwuemeka Agbasi, has welcomed a strategic partnership proposal from the Federal Housing Authority (FHA) aimed at developing the country's infrastructure through a series of Public-Private Partnerships (PPPs) initiatives.
This new partnership is set to change the face of Nigeria's infrastructure as the two agencies collaborate to provide better roads, housing, and other essential amenities to the citizenry.
The proposal, which was presented by the FHA team, outlines a comprehensive plan for the development of infrastructure across the country, with a focus on roads, housing, and other critical sectors.
Engr. Agbasi expressed his enthusiasm for the partnership, stating that FERMA is committed to working with FHA to deliver world-class infrastructure to Nigerians. He emphasized the importance of PPPs in accelerating infrastructure development, adding that the partnership will help to bridge the infrastructure gap in the country.
The FERMA boss also inaugurated a team to work on the PPP initiatives, which will be responsible for implementing the partnership proposal and ensuring its successful execution. The team will comprise representatives from both FERMA and FHA, as well as other relevant stakeholders.
The FHA team, on the other hand, expressed their confidence in the partnership, stating that it will help to address the country's infrastructure challenges and provide better living conditions for Nigerians.
The partnership between FERMA and FHA is seen as a major breakthrough in the country's efforts to develop its infrastructure, and it is expected to have a positive impact on the economy and the lives of Nigerians.
With this new partnership, Nigerians can look forward to better roads, more affordable housing, and improved living conditions. The partnership is a testament to the government's commitment to developing the country's infrastructure and improving the lives of its citizens.
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