Too Hot To Handle! Senate Bows To Pressure, Steps Down On Controversial N5 Fuel Levy Bill [OPEN]

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Senate Bows To Pressure, Steps Down On Controversial N5 Fuel Levy Bill. Photo Credit: File

The Nigerian Senate has stepped down the National Road Funds bill following the controversy generated by its introduction, Daily Post reports.

The contentious bill among others seeks N5 increment to the pump price of petrol to be able to raise funds in maintaining roads across the country.

Following complaints from Nigerians, the upper legislative chambers today stood down the bill to allow its Committee on Works to do more work before it is represented.

The Senate Committee on Works, had on June 1, recommended a N5 fuel levy on every litre of petroleum or diesel imported into Nigeria to help finance the proposed National Roads Fund.

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The committee, chaired by Sen. Kabiru Gaya (APC-Kano), also recommended the deduction of 0.5 per cent on fares paid by passengers travelling on inter-state roads to commercial mass transit operators and return of toll gates on federal roads, among others.

The inference of the proposed fuel levy charge is that end-users, including motorists, would pay N5 tax on every litre of fuel bought at any fuel station.

The recommendation, which has kept busy all social media platforms, comes a year after a recent increase of the pump price of premium motor spirit (petrol) from N87 to N145 per litre.

SEE ALSO: Kaduna Declaration: House Of Reps Come Down Strongly On Northern Youths [READ]


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