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Fuel Prices May Increase As FG, Reps Push To Implement 5% Road Charge - Politics - Nairaland 4k5e1u

Fuel Prices May Increase As FG, Reps Push To Implement 5% Road Charge (7379 Views)

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ivandragon: 7:57pm On Jun 03
The price of motor spirit and automotive gas oil may increase as the Federal Ministry of Works and House of Representatives push for the implementation and remittances of a 5 percent road charge to be factored into fuel and diesel prices.

This was disclosed at an investigative hearing of the House of Representatives Ad-Hoc Committee on Monday in Abuja.

According to the Minister of State for Works, Mohammed Goroyo, there is an urgent need for the Nigeria Midstream and Downstream Petroleum Regulatory Authority to implement the 5 percent road charge collection to address the funding deficit for the country’s maintenance of federal roads.

He noted that Nigeria needs N800 billion annually for road maintenance, but the budget allocated to the Federal Roads Maintenance Agency had fallen short.

“FERMA requires an estimated N880bn annually for optimal road conditions. Budgetary allocations have consistently fallen short—N76.3bn in 2023 and N103.3bn in 2024, while N168.9bn was budgeted for 2025.

“The consequences of this are glaring—deteriorating road conditions, increased repair costs, and prolonged disruptions for commuters and businesses alike.

“Thus, the diligent implementation and timely remittance of the five percent charge are paramount,” he said.

On his part, Managing Director of the Federal Road Maintenance Agency, Chukwuemeka Abbasi disclosed that the template for deducting the road charge from the prices of petrol and diesel was never implemented by NMDPRA.

He explained that “the five percent charge, as enshrined in the FERMA Act, was designed to serve as a sustainable funding mechanism for road maintenance and rehabilitation. However, for years, FERMA has grappled with severe funding inadequacies, hampering its ability to maintain our vast road network effectively.”

Earlier, Speaker of the House of Representatives, Tajudeen Abbas recalled that the House had on 19th March considered a motion at plenary revealing the non-implementation of remittance of the five percent charge on petroleum products meant for road maintenance under the FERMA Amendment Act, 2007.

The chairman of the committee, who doubles as the chairman of the House Committee on Rules and Business, Francis Waive, clarified that the 5 percent road charge is not an attempt to increase the prices of petroleum products or to amend the law since it has been part of the law since 2007.

He noted that the purpose of the investigation was to address the anomalies existing through disobedience to existing laws, adding that the House will ensure that every law ed by the parliament is complied with both by individuals and agencies of government.


The development comes as Nigerians in the past weeks witnessed a drop in the prices of petrol.

Recently, the Nigerian National Petroleum Company Limited retail outlets, Dangote Refinery, and its partners had slashed their retail prices of PMS to N875 and N895 per litre in Lagos and Abuja.

https://dailypost.ng/2025/06/03/fuel-diesel-prices-may-increase-as-fg-reps-push-to-implement-5-road--charge/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews

2 Likes

Nbotee(m): 8:04pm On Jun 03
Lol

13 Likes

DelilahMakinde(f): 8:12pm On Jun 03
Seems WEF is the defacto president of Nigeria.

All other players are just puppets.. undecided

3 Likes

Buharidgeneral: 8:12pm On Jun 03
Shege promax

31 Likes

Chigiven: 8:22pm On Jun 03
DelilahMakinde:
Seems WEF is the defacto president of Nigeria.

All other players are just puppets.. undecided

1 Like

surgical: 8:25pm On Jun 03
FG is drawing maximum blood from Nigerians while doing little in return
They are behaving as if its only the masses that have obligations and the leaders excluded
The people are deprived of all forms of subsidies while required to pay multiple higher taxes
The leaders contributions are to live in luxury and travel the world
Nigerians who do us like this allowing charlatans in power and they even have the effontery to be seeking another term,after a disastrous one
That is see finish

81 Likes 1 Share

Ofunaofu: 8:32pm On Jun 03
By the time Tinubu is done with Nigerians, even the Ronus and Agbadoos may no longer have the strength to stand on the mandate

69 Likes 3 Shares

ucheheart(m): 9:21pm On Jun 03
Not surprised, tinubu and tax be like 5 & 6.

34 Likes

Streetinvestor2: 9:23pm On Jun 03
They should make it 10% lol.They say things are getting better

24 Likes

Galaticos444: 6:25am On Jun 04
Have said it before that Tinubu has nothing to offer Nigerians,the only government policy he knows is taxation,the Lagos he built was based on taxation and not production, very soon even d dead won't b exempted cos where there's nothing else to tax he will start taxing dead bodies in the mortuary that is if they haven't yet started doing so sef

29 Likes

musazulyadain: 6:25am On Jun 04
They don come again

5 Likes

MrCGPA(m): 6:26am On Jun 04
This Tinubu's istration is so Careless about the suffering of the Masses all because he Pocketed the National assembly. Nigerians are Hungry and Languishing with insecurity but instead of trying to reduce the suffering they are adding more. Oh Nigeria we Hail Thee!

29 Likes 1 Share

Kingluqman(m): 6:26am On Jun 04
I know sey Na one day dem go trigger Citizens wey everything go scatter patapata.




grin

18 Likes 2 Shares

Queengee: 6:26am On Jun 04
Impeach tinubu now

10 Likes

geoworldedu: 6:27am On Jun 04
We
datola: 6:27am On Jun 04
Only all about taxing the poor!

8 Likes

nairalanda1(m): 6:28am On Jun 04
Yep, we may complain, but this is what happens when most people....do not pay income tax, and when about 80% of your revenue comes from oil....and the budget was set at 75 dollars per barrel....while in the real world since January....oil has been below 70, and even below 60.

It also happens when a party takes power promising diversification of the economy, and then as soon as power is gained...goes to sleep. It is what happens when for decades, we never get a government that talks about industrialization and innovation being the basis of our economy.


Accept your new tax. It's what you guys want...for not ing the right policies and the right leaders since independence.

Yes, and I am not just talking to the tinubuites....

40 Likes

DJANGOTBG: 6:28am On Jun 04
Why is Tinubu so heartless?

Why?

How can someone born of a woman still seeing all these excesses still this man?

I can never do it. My mind won’t be at peace.

This man has done nothing for Nigerians, just stealing and stealing. The shared billions to citizens yet nobody received anything.

For real we are helpless. Nobody is going to help us. Nobody!!!

8 Likes 1 Share

ScholitoMotors: 6:28am On Jun 04
This one don SHEGE PROMAX




Na SHEGE

6 Likes 1 Share

Fiscus105(m): 6:30am On Jun 04
Ur own is to tax masses until they can't breath any longer,......they said you were freedom fighter, I biliv you are truly fighting for the masses now.

9 Likes 1 Share

EyeCumInPiece: 6:33am On Jun 04
Expect further increase in prices of goods and services.

And some delusional people are, still claim Tinubu's Govt has made massive economic gains.

3 Likes

Sheuns(m): 6:33am On Jun 04
There is no where in this country that the government maintains any road annually.

How did the minister come to the conclusion that 800bn naira is needed for annual road maintenance.

In Nigeria, if a road never spoil and condemn finish, the government will never carry out any maintenance on it, yet they budget billions annually for road maintenance.

13 Likes 1 Share

harsysky(m): 6:34am On Jun 04


It is a welcome development as far as it is not affecting yorimugu and Helanus

3 Likes

Checkwell: 6:37am On Jun 04
DelilahMakinde:
Seems WEF is the defacto president of Nigeria.

All other players are just puppets.. undecided

Can't comprehend your comment. WEF? Makes no sense.

Learn to communicate for people to understand next time.

1 Like

SAMTOBIJU(m): 6:38am On Jun 04
I don't understand how this people think. People are really suffering out there. Most can't afford two meals per day sef. 5% is too small, make it 15% pls our leaders

3 Likes

Menclothing1: 6:40am On Jun 04
Galaticos444:
Have said it before that Tinubu has nothing to offer Nigerians,the only government policy he knows is taxation,the Lagos he built was based on taxation and not production, very soon even d death won't b exempted cos where there's nothing else to tax he will start taxing dead bodies in the mortuary that is if they haven't yet started doing so sef


Show your tax card for this year how much u hv paid receipt if you can’t then unsling those people who don’t pay direct or income tax just come online to rant
Dogalmighty17: 6:43am On Jun 04
Animals. When Obasanjo first demolished toll gates and increased fuel prices what was his excuse? The increase will be used to fund road maintenance. That money got looted.

Tinubu removed subsidy, what was his excuse? So that money will be available for massive development. He has instead increased allocations to states and that money is being embezzled.

To propose an additional 5% tax on petrol use is pure evil.

8 Likes 1 Share

cjudy(m): 6:44am On Jun 04
Waiting for Cassava tribe to comment

3 Likes

PeaceMaker24: 6:44am On Jun 04
You are all bunch of cowards and 1D10ts.
You come here to lament the woes of these rogues in power and go out there to give them your votes.
And na una suffer , you hardly see a person doing well praise the govt.

9 Likes

Brushstrokes20: 6:45am On Jun 04
The satanic govt of SELF SERVING KLEPTOMANIACS and bloodthirsty demons have only come to STEAL, KILL AND DESTROY!👎👎👎👎👎👎😎😎😎😎
It's long overdue WATERLOO is inevitable 💯💯💯

4 Likes 2 Shares

b0rn2fuck(m): 6:45am On Jun 04
Buharidgeneral:
Shege promax
that's how the DADDY OF LAGOS, got rich in first place before to turning to Baba
Baba Go dry Nigerians finish. Una go still get tax for breathing

6 Likes 2 Shares

cjudy(m): 6:45am On Jun 04
Menclothing1:



Show your tax card for this year how much u hv paid receipt if you can’t then unsling those people who don’t pay direct or income tax just come online to rant
Your politicians should also show their tax receipt. How they made so much money with their little salary. Una Dey worship rubbish

12 Likes

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