{"id":23656,"date":"2017-06-08T15:29:29","date_gmt":"2017-06-08T14:29:29","guid":{"rendered":"http:\/\/www.citypeopleonline.com\/?p=23656"},"modified":"2017-06-08T15:29:29","modified_gmt":"2017-06-08T14:29:29","slug":"last-senate-pulls-controversial-petroleum-bill","status":"publish","type":"post","link":"https:\/\/www.citypeopleonline.com\/last-senate-pulls-controversial-petroleum-bill\/","title":{"rendered":"At Last, Senate Pulls Down Controversial Petroleum Bill"},"content":{"rendered":"

The upper legislative chamber (Nigerian Senate) on Thursday stood down the national road funds bill, which has been generating controversy in recent times.
\nThe bill which had proposed among other things, a N5 levy on every litre of petroleum product imported into the country; Premium Motor Spirit (PMS) sparked an outrage, after which the leadership of the senate assured Nigerians that a dime will not be added to the cost of petrol.
\nAt the presentation of the bill for consideration on Thursday, many senators complained about it, which made the upper legislative chamber to step it down and direct the committee on works to do more work before re-presenting it.
\nChairman of the committee, Kabiru Gaya,<\/a> earlier said the legislation proposed a deduction of N5 on fuel products imported into the country which would go to the roads fund.
\n\u201cAnybody who sells between N135 and N145, we are going to spend N5 and it will be in this template so that this money goes directly to the road funds,\u201d he said.<\/p>\n

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\n\u201cThe fuel levy on imported petroleum products; there shall be a levy on imported petroleum products and a deduction of N5 per litre on any volume of petrol and diesel products imported into Nigeria.\u201d
\nHe said that countries like Ghana and Kenya fund roads from fuel levy.
\n\u201cWe are not proposing for toll gates right now, we are saying that when roads are good and when there is concession on the roads then we can put a toll gate,\u201d Gaya said.
\nKabiru Marafa, senator representing Zamfara central, said the proposed levy would not only bring hardship to the people, but \u201cpressure\u201d to downstream sector.
\n\u201cThese two items (clauses) will bring untoward hardship to the people of Nigeria. The assertion that the 5 percent is being captured in the template is not entirely correct. There is always a template that determines the pump price of petroleum products,\u201d Marafa said.
\n\u201cN145 is not realistic, as I am talking to you today we are still investigating NNPC because they are still practising the fuel subsidy regime.\u201d
\nOn her part, Binta Garba, senator representing Adamawa north, said the relevant committees should look into the bill and re-represent it to the senate for deliberation.
\n\u201cIt is either we step it down and allow other committees to look into it and areas we are having issue with, then we can reverse back to deliberate on it,\u201d she said.
\n\u201cThey way we are going, most of us need clarification to be well guided on the source of funding of the roads we are talking about.\u201d
\nAfter the submissions of the senators, Gaya moved for the stepping down of the bill which was put to a voice vote by Ike Ekweremadu, deputy senate president.
\nSenate President Bukola Saraki was not at plenary on Wednesday as a result of his trial at the Code of Conduct Tribunal (CCT).<\/p>\n","protected":false},"excerpt":{"rendered":"

The upper legislative chamber (Nigerian Senate) on Thursday stood down the national road funds bill, which has been generating controversy in recent times. The bill which had proposed among other…<\/p>\n","protected":false},"author":6,"featured_media":12084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[7913,157,4308],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.citypeopleonline.com\/wp-content\/uploads\/2017\/03\/Senate-Chamber.jpg?fit=1280%2C720&ssl=1","jetpack-related-posts":[{"id":22668,"url":"https:\/\/www.citypeopleonline.com\/senate-deliberating-on-how-to-increase-fuel-price-to-n150\/","url_meta":{"origin":23656,"position":0},"title":"Senate deliberating on how to increase fuel price to N150","author":"Arinze Ago","date":"June 2, 2017","format":false,"excerpt":"A fresh increase in the pump price of petrol is among the contents of a bill that has been approved by the Nigerian Senate Committee on Works on Thursday. The Nigerian Senate Committee on Works has recommended an increase in the pump price of petrol from N145 to N150 for\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/www.citypeopleonline.com\/news\/"},"img":{"alt_text":"IPMAN, OPEC, Libya, Nigeria crude oil","src":"https:\/\/i0.wp.com\/www.citypeopleonline.com\/wp-content\/uploads\/2017\/01\/fuel-saving.jpg?fit=1200%2C720&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.citypeopleonline.com\/wp-content\/uploads\/2017\/01\/fuel-saving.jpg?fit=1200%2C720&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.citypeopleonline.com\/wp-content\/uploads\/2017\/01\/fuel-saving.jpg?fit=1200%2C720&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.citypeopleonline.com\/wp-content\/uploads\/2017\/01\/fuel-saving.jpg?fit=1200%2C720&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.citypeopleonline.com\/wp-content\/uploads\/2017\/01\/fuel-saving.jpg?fit=1200%2C720&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":21302,"url":"https:\/\/www.citypeopleonline.com\/nigerias-8th-senate-passes-petroleum-industry-bill\/","url_meta":{"origin":23656,"position":1},"title":"Nigeria\u2019s 8th Senate Passes Petroleum Industry Bill","author":"Damilare Salami","date":"May 25, 2017","format":false,"excerpt":"The Nigerian upper legislative house, the Senate has passed the Petroleum Industry Governance Bill (PIG Bill), which promises broad reforms to the nation\u2019s oil and gas industry. 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