FEDERAL ROADS MAINTENANCE AGENCY (AMENDMENT) ACT, 2007
CENTER FOR LAWS OF NIGERIA: FEDERAL LAWS
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LAWS OF THE FEDERATION OF NIGERIA
FEDERAL ROADS MAINTENANCE AGENCY (AMENDMENT) ACT, 2007
EXPLANATORY MEMORANDUM
This Act amends the Federal Road Maintenance Agency Act, 2002 by providing among other things an additional source of funds for the Agency
ARRANGEMENT OF SECTIONS
- Amendment of the Federal Roads Maintenance Agency Act, No. 7 of 2002.
- Substitution for Section 2 of the Principal Act.
- Substitution for Section 5 (4) of the Principal Act.
- Substitution for Section 14 of the Principal Act.
- Citation.
FEDERAL ROADS MAINTENANCE AGENCY (AMENDMENT) ACT 2007, ACT [No. 18, 2007]
An Act to amend the Federal Roads Maintenance Agency Act No.7 of 2002, by providing, among other things, an additional source of funds for the Agency; and for related matters
(COMMENCEMENT [25th Day of May, 2007])
.
ENACTED by the National Assembly of the Federal Republic of Nigeria-
Amendment of the Federal Road Maintenance Act, No. 7 of 2002
- The Federal Road Maintenance Act, 2002 (in this Act referred to as the “Principal Act”,) is amended as set out in this Act.
Substitution for Section 2 of the Principal Act
- Substitute for Section 2 of the Principal Act a new Section “2”-
“2. (1) There shall be established for the Agency, a fourteen member Governing Board for the running of the affairs of the Agency (in this Act referred to as the “Board”).
(2) The Board shall consist of-
(a) the Chairman, who shall be drawn from the Private Sector;
(b) a representative of the-
(i) Director in charge of Federal Highways Development,
(ii) the Federal Ministry of Finance,
(iii) NARTO,
(iv) Petroleum Pricing Regulatory Agency (PPRA)
(v) Nigerian Association of Public Highways and Transportation Officials (NAPHTO),
(vi) the Federal Road Safety Corps,
(vii) from each of the Six Geo-Political Zones’, and
(c) the Managing Director of the Agency,
(3) Members of the Board shall be appointed by the President subject to confirmation by the Senate”.
Substitution for section 5 (4) of the Principal Act.
- Substitute for section 5 (4) of the Principal Act a new sub-section (4)-
“(4) A member of the Board may, subject to ratification of the National Assembly by a simple majority vote, be removed by the President, upon being satisfied that it is not in the interest of the Agency or the public that such member should continue in the office”.
Substitution for section 14 of the Principal Act.
- Substitute for section 14 of the Principal Act a new section” 14″-
“14 (1) The Fund of the Agency shall consist of –
(a) the take-off grant from the Federal Government;
(b) annual subvention from the Federal Government as provided in the Appropriation Act;
(c) loans and grants-in-aid from federal, bilateral and multilateral agencies;
(d) rents, fees and other internally generated revenues from services provided by the Agency;
(e) alimonies collected from the toll gates;
(f) such monies accruing from road concessions;
(g) all other sum accruing to the Agency from time to time;
(h) 5% user’s charge on pump price of petrol, diesel and of which 40% will accrue to FERMA and 60% to be utilized by the established State Roads Maintenance Agencies; and
(i) international vehicles transit charge as may be determined by the Hon. Minister of Transportation.
(2) The Board shall cause the publication of its funds under section 14 (h) of this section to be utilized by the established State Roads Maintenance Agencies and its disbursement in the electronic and print media from time to time”.
Citation.
- This Act may be cited as the Federal Roads Maintenance Agency (Amendment) Act, 2007.
