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Senate says road fund tax is still a proposal

*We may amend the proposal to suit public temperature

By Sandra Onyekwere

Responding to the unsavoury, inclement and unpalatable reactions of the nation’s beleaguered citizens to the proposed road fund tax, the Nigerian Senate has cleared the air to insist that it is still a proposal and not yet a law.

The Upper Chamber admitted that the story about the recommended increase in price of fuel remained a proposal which has not been reviewed by Senate plenary comprising of all 109 lawmakers.

It however added that the recommendation, like all reports, will still be reviewed and debated at plenary in line with the Senate procedures and democratic practices.

The Upper Chamber, which may in the current face of acrid reaction be forced to review its stand claimed that the report being circulated that the lawmakers were planning to impose a fuel levy of five Naira (N5) per litre of premium motor spirit (PMS), as a major source of revenue for funding the proposed National Road Fund tax may be fine tuned.

www.gongnews.net recalled that on Thursday, the Senate Committee on Works suggested to the Federal Government to impose a fuel levy of five Naira (N5) per litre of premium motor spirit (PMS), as a major source of revenue for funding the proposed National Roads Fund tax.

This proposal did not go down well with the citizen who has been battered by the harsh economic realities since this government came on board.

The Committee, in its report on the National Roads Fund (Establishment, etc) Bill 2017 (S.B 218) which is currently before the Senate for passage, also recommended other sundry levies and taxes to enable government effectively finance the Roads Fund when established. ?

The N5 fuel levy is chargeable per litre on any volume of petrol and diesel products imported into Nigeria and on locally refined petroleum products.

The report which was supposed to go through clause by clause consideration before final passage by the Upper Chamber was later stood down to another legislative day.

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