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Actualités of Wednesday, 26 November 2014

Source: cameroon-concord.com

Less than 10% of major roads not maintained due to lack of funds

According to the Road Fund Administrator, Jean Claude Atanga Bikoé, less than 10% of Cameroon’s roadways have not been maintained due to inadequate resources allotted for this purpose.

The main resource was a portion of the special tax on oil products paid out by oil product distributors. The administrator has specified that the figure is 55 billion FCFA.

In order to boost the performance of the road fund, a kind of special entity for rapid payment for road maintenance, Jean Claude Abanda Bikoé is suggesting direct collection by the fund of resources allotted for road maintenance.

This would be the oil product tax for road maintenance which is currently collected by Société nationale de raffinage (the national refinery which frequently has cash-flow challenges) and Société camerounaise des dépôts pétroliers (SCDP).

There are also toll fees collected by the road receipt security programme then the road weigh-in teams. The repayment of these collected sums to the road fund by the various entities is often quite delayed, limiting its ability to act.