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.
Speaking on the sidelines of a stakeholders' forum on road maintenance and reforms organised by FERMA in Abuja, the Senate Committee Chairman for the agency, Senator Gershom Bassey, said findings by experts submitted to the Senate showed that Nigeria was losing the amount to bad roads.
He said, "We lose over N1tn every year as a result of bad roads."
He also stated that the enforcement of stipulated laws would help address the challenge of road maintenance.
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