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Senate to consider bill seeking to make Nigerians ‘pay more’ for fuel

Senate to consider bill seeking to make Nigerians ‘pay more’ for fuel
June 01
19:07 2017

The senate will next week consider a bill to make Nigerians pay more for fuel, TheEagleOnline is reporting.

According to the news blog, the bill recommends that Nigerians pay a N5 levy on each litre of petroleum product imported into the country.

The proposed law, which is entitled ‘National Roads Bill’, was presented by Kabiru Gaya, chairman, senate committee on works.

The N5 levy on each litre of petrol or diesel will be part of revenue sources for a proposed national roads fund.

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‎”There shall be a road fund charge of 0.5 per cent on the assessed value of any vehicle imported at any time into Nigeria. There shall be lease, license or other fees which shall be 10 per cent of the revenue accruing from lease or license or other fees pertaining to non-vehicular road usage along any federal road and collected by the Federal Roads Maintenance Agency‎,” the bill reads.

“Fuel levy of N5 chargeable per litre on ‎any volume of petrol and diesel products imported ‎into Nigeria and on non-locally refined petroleum produc‎ts. International vehicle transit charges.”

If the bill is passed and signed into law, all users of petrol and diesel, including industries will pay more for fuel.

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Aliyu Sabi, senate spokesman, was not on hand to shed light or comment on the bill. A call to his telephone was not answered just as an SMS to him was not responded to.

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