According to our Correspondent, The senate Committee on works has made a proposal in favour of an increase in fuel price from N145 to N150. The committee made the proposal in a report on the National Roads Fund NRF (Est. Etc) Bill (SB.218) bill that is currently before the house.
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According to the chairman of the committee, Senator Kabiru Gaya , 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”. Part of the proposals the committee recommended is a fuel levy of N5 chargeable per litre on any volume of petrol and diesel products imported into the country and locally refined Petroleum products. We concluded that will also play a part in the increase of fuel price in Nigeria.
The committee also recommended charging of 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.
Out of the 15 members of the committee, the 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.
Nevertheless, some Senators refused to endorse it amongst which are Olusola Adeyeye, Biodun Olujimi and Ahmad Ogembe who were also members of the committee The report has been distributed to senators and would be up for deliberation AS SOON AS POSSIBLE.