//
  • info@ocmlng.com
  • 0201-2914775

FERMA to explore capital markets to improve road infrastructure

Home > market news
Financial News

FERMA to explore capital markets to improve road infrastructure

24 Oct, 2025

The Federal Roads Maintenance Agency (FERMA) has said it will adopt innovative technologies, explore capital markets, and prioritize key economic corridors in order to make roads safe, motorable, and economically impactful. The newly nominated Board Chairman of FERMA, Dr Musa Babayo, who revealed this when the Senate Committee on FERMA screened him at the National Assembly, emphasized the need to move from a reactive to a proactive road maintenance strategy, highlighting the importance of developing a new strategic direction from day one.........................READ MORE