The Senate Committee on Works has recommended an increase in the pump price of petrol from N145 to N150 for the implementation of the proposed National Roads Fund (NRF).
The recommendation came a year after President Muhammadu Buhari raised the pump price of fuel from N87 to N145 per litre.
The increase was part of the recommendations made by the Senate Committee on Works, chaired by Senator Kabiru Gaya (APC, Kano) on the National Roads Fund (Est. Etc) Bill (SB.218).
The report was scheduled for consideration during plenary yesterday, as it was on the order paper. It was however suspended for another legislative day due to time constraint.
The committee recommended fuel levy of N5 chargeable per litre on any volume of petrol and diesel products imported into the country and locally refined Petroleum products.