The senate will next week consider a bill to make Nigerians pay more for fuel..
The N5 levy on each litre of petrol or diesel will be part of revenue sources for a proposed national roads fund.
”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,”
“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.”