1UI' ~.-.. FEDERAL ROADS MAINTENANCE AGENCY (AMENDMENT) ACT, 2007 A 465. I. Amendment ofthe Federal Roads Maintenance Agency Act, No.7 of2002.

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Transcription:

A 465 FEDERAL ROADS MAINTENANCE AGENCY (AMENDMENT) ACT, 2007 ~.-.. 1UI' ARRANGEMENT OF SECTIONS SECTION: I. Amendment ofthe Federal Roads Maintenance Agency Act, No.7 of2002. 2. for section 2 of the 3. for section 5 (4) of the 4. for section 14 the 5. Citation.. \

A 467 FEDERAL ROADS MAINTENANCE AGENCY (AMENDMENT) ACf, 1Mr1 2007 ACT No. 18 AN ACT TO AMENDTHEFEDERALRoADS MAINTENANCEAGENCYAcr No.7 OF 2002, BY PROVIDING,AMONGOrHER THINGS,ANADDlTJONALSouRCE OFFI1NDSFOR THE AGENCY;ANDFORRELATEDMA'ITERS {25th Day of May. 2007] ENACTEDby the National Assembly of the Federal Republic of Nigeria-- Commencement. 1. The Federal Road Maintenance Act, 2002 (in this Act referred to as the Amendment " Act",) is amended as set out in this of the Fed 1 Road Maintenance Act No.7 of 2002. 2. Substitute for Section 2 of the Act a new Section "2"- (I) 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"). for Section 2 or the (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.Pricingi~gl.llatory Agency (~r,. (v) Nigerian As~oGiatjon.otj~~lftic High~~ ~d:rransport,ation ()fficials (NAPHTO),'".., '.' -'.' " ~",...-.' '.,. "..,~,'>., '''..fii,., "-:".,.,..'".. ~-... (vi) the Federal Ro.ad SafetxCorps," ~ ~. :'.'./ (vii) from eachof the Six (;~po'iiiicai Zones, ~d : > ~_..; (c) the Managing Director of the Agency.. ".... -..... -'". -,; " (3) Members" of ~ Board shall be appointed by the President subject to confirmation by the Senate". < '..-."."

A 468 2007 No. 18 Federal Roads Maintenance Agency Act for section 5 (4) of the for section 14 of the 3. Substitute for section 5 (4) of the Act a new sub-section (4}- "(4) A member of the Board may, subjectto 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". 4. Substitute for section 14of the Act a new section "14"- 14 (I) 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 by the Agency ; (e) all monies collected from the toll gates; (j) such monies accruing from road concessions; (g) all other sum accruing to the Agency from time to time; revenues from services provided (h) 5% user's charge on pump price of petrol, diesel and of which 40% wi11 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. 5. This Act may be cited as the Federal Roads Maintenance Agency (Amendment) Act, 2007. I certify, in accordance with Section 2 (I) ofthe Acts Authentication Act, Cap. 4, Laws of the Federation of Nigeria 1990, that this is a true copy of the Bill passed by both Houses of the National Assembly. NASIRU IBRAHIM ARAB, Clerk to the National ASsembly 24th Day a/may, 2007

Federal Roads Maintenance Agency Act 2007 No. IS A 469 EXPLANATORY ~EMORANDUM This Act amends the Federal Road Maintenance Agency Act, 2002 by providing among other things an additional source of funds for the Agency.

SCHEDULE TO FEDERAL ROADS MAINTENANCE AGENCY (AMENDMEN'I) BILL. 2007 (1) (2) (3) (4) (5) Short nile of Long nile of lhe Summary of the Date Passed by Date Passed by the Bill Bill contents of the Bill the Senate the Hous«0/ Representalives Federal Roads Main- An Act to amend the This Bill amends the Federal Roads.tenance Agency Federal Roads Maintenance Maintenance Agency Act No. 7 of 23rd May, 2007. 1st February, 2007. (Amendment) BiI~ Agency Act No. 7 of 2002, 2002, by providing, among other 2007. by providing, among other things, an additional source of funds things, an additional source for the Agency. of funds for the Agency; and for related matters. I certify that this Bill has been carefully compared by me with the decision reached' by the National Assembly and found by me to be true and correct decision of the Houses and is in accordance with the provisions of the Acts Authentication Act Cap. 4. Laws of the Federation of Nigeria, 1990. I ASSENT. NASIRU IBRAHIM ARAB, Clerk to the National Assembly 24th Day of May. 2007 CHIEF OLUSEc,:TUN OBASANJO, GCFR President of the Federal Republic of Nigeria 25th Day of May. 2007 /