• As House Committee commends revenue performance
'Seun Ibukun-Oni, Abuja
DAILY COURIER - The Federal Road Safety Corps (FRSC) has addressed recent media reports regarding the ₦1.9 billion generated from traffic fines in 2024. According to Corps Marshal Shehu Mohammed, the amount represents fines remitted directly to the Federation Account, and the FRSC does not have access to these funds.
The clarification came during the House of Representatives Committee on FRSC’s appraisal of the Corps' 2024 budget performance and consideration of its 2025 projections. Chairman of the Committee, Honourable Abiodun Derin Adesida, sought clarity on the ₦1.9 billion figure, which had sparked public debate.
The Corps Marshal elaborated that the ₦1.9 billion from fines was part of a total revenue of ₦5.9 billion generated by the FRSC in 2024. Other revenue sources included operational surpluses from vehicle number plates, driver’s licenses, signage, training, and towing services, which contributed ₦3.2 billion. All revenues were duly remitted to the Federation Account, as documented in the 2024 performance report.
“Every kobo generated from fines and other sources was remitted directly to the Federation Account,” Mohammed stated, emphasizing the Corps' commitment to financial transparency and accountability.
The Committee praised the FRSC for surpassing its initial revenue projection of ₦2.9 billion by 100%, attributing the achievement to the Corps' aggressive enforcement of traffic laws. Members highlighted the significant role of this enforcement in improving road safety and generating additional revenue for the government.
The lawmakers urged the Corps to sustain its momentum, particularly in addressing traffic light violations in the Federal Capital Territory (FCT). They called for collaboration between the FRSC and the FCT Administration to ensure all traffic lights are functional and violators are penalized, projecting this measure as a major revenue booster for 2025.
After commending the Corps for its achievements in 2024, the Committee adopted the performance report as presented and moved to review the 2025 budget proposals. The lawmakers expressed optimism about the FRSC's potential to maintain its enforcement drive and further enhance revenue generation in the new year.
The House Committee’s commendation underscores the importance of sustained efforts in road safety enforcement and efficient revenue management as critical components of the FRSC’s mandate.
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