The Nigerian senate has passed the National Roads Fund Bill, 2018 to provide for support in the maintenance of roads across the country without solely depending on government annual budgetary allocations.
Senate approval of the Bill followed its consideration of the report of the committee on works on National Road Funds Bill, 2018 during Thursday’s plenary session.
The bill, according to report of the committee presented by the committee Chairman, Senator Kabiru Gaya, seeks to finance the maintenance and rehabilitation of national roads.
However, the passing of the Bill was largely because of the removal of the controversial five naira (=N=5) levy on every litre of petrol initially included in the Bill, which led to its withdrawal in 2017 during a public hearing session.
Chairman of the committee, and a former Governor of Kano state, Senator Gaya who also sponsored the Bill, assured Nigerians that the Bill does not have any form of arbitrary charges to be imposed on ordinary citizens using the road.
Meanwhile, President of the Senate, Dr. Bukola Saraki, will on Saturday, February 3, participate and deliver a lecture at the 2018 Georgetown Africa Business Conference in Washington DC, United States of America (USA).
The conference is being hosted by Georgetown’s McDonough School of Business in conjunction with the Walsh School of Foreign Service’s African Studies Program.
According to the organizers, “the purpose of the event is to showcase the growth and impact of the private sector across the African continent and facilitate a discussion on opportunities to continue this success with a particular focus on the role of governance in economic growth.”
Apart from presenting the Keynote Address at the Conference, the Senate President is also to partake as an audience member during the panel discussion, attend the Master Class of the Special Breakout Session and the Networking Lunch.
Senator Saraki is being accompanied to the event by Chairman, Senate Committee on Primary Healthcare and Communicable Diseases, Senator Mao Ohuabunwa and his colleague on the Committee on Local Content, Senator Olamilekan Adeola.