A
fresh increase in the pump price of petrol is among the contents of a
bill that has been approved by the Nigerian Senate Committee on Works on
Thursday.
File photo
The Nigerian Senate Committee on Works has recommended an increase
in the pump price of petrol from N145 to N150 for the implementation of
the proposed National Roads Fund (NRF).
The recommendation came a year after President Muhammadu Buhari raised the pump price of fuel from N87 to N145 per litre.
The increase was part of the recommendations made by the Senate
Committee on Works, chaired by Senator Kabiru Gaya (APC, Kano) on the
National Roads Fund (Est. Etc) Bill (SB.218).
The report was scheduled for consideration during plenary
yesterday, as it was on the order paper. It was however suspended for
another legislative day due to time constraint.
The committee recommended fuel levy of N5 chargeable per litre on
any volume of petrol and diesel products imported into the country and
locally refined Petroleum products.
A copy of the report obtained by our correspondent revealed that 12 out of the 15 members of the committee have endorsed it.
Senators who endorsed the report are, Senators Gaya, Clifford
Ordia, Barnabas Gemade, Mao Ohuabunwa , Bukar Abba Ibrahim, Ben Bruce,
Gilbert Nnaji, Abubakar Kyari, Ibrahim Danbaba, Mustapha Bukar, Sani
Mustapha and Buruji Kashamu.
Those whose signatures were not appended on the report are,
Senators Olusola Adeyeye, Biodun Olujimi and Ahmad Ogembe. The report
has been distributed to senators.
Under the sources of revenue for the National roads fund, the
committee recommended as follows, “fuel levy of N5 chargeable per litre
on any volume of petrol and diesel products imported into Nigeria and on
locally refined petroleum products”.
The committee also recommended toll fees; a percentage not
exceeding 10 percent of any revenue paid as user charge per vehicle on
any Federal road designated as toll road.
It further recommended international vehicle transit charges,
inter-state mass transit user charge of 0.5 percent deductible from the
fare paid by passengers to commercial mass transit operators and axle
load control charges.
In the report, Gaya explained that the road fund was designed to address the poor funding of roads in the country.
He said the fund when established would serve as a repository of
revenues from road user related charges and other sources for financing,
which shall be managed and administered for routine and periodic
maintenance works on roads in the country.
An aide of the Senate President on Print Media, Mr. Chuks Okocha
said recommendation was still a proposal and that it has not been
debated.
No comments:
Post a Comment