The Senate has rejected the report of its committee on the National Roads Fund (Establishment, etc) Bill 2017. The Bill is aimed at finding a sustainable means to finance the maintenance and rehabilitation of national roads.
If enacted, the Bill will impose an inter-state mass transit-user charge of 0.5% deductible from the fare paid by passengers to commercial mass transit operators on inter-state roads. It will also introduce a N5 fuel levy chargeable per litre on any volume of petrol and diesel products imported into Nigeria and on locally-refined petroleum products in addition to revenue generated from toll fee on any federal road designated as toll road.
The Committee has been directed to carry out further work on the Bill.