Connect with us

Cover

Market Authority Bill To Strengthen Lagos Business Activities – Lawmakers

Published

on

 

– bill scales second reading at Lagos Assembly

Advertisement

 

 

Advertisement

Majority of the lawmakers at the Lagos State House of Assembly on Tuesday supported the Market Authority Bill currently being considered by the legislators.

The bill scaled second reading on the floor of the House with the Speaker, Rt. Hon. Mudashiru Obasa, committing it to the House Committee on Local Government. The committee is expected to report back to the House in two weeks.

Advertisement

The bill, if passed, aims to provide for the registration, formation, organisation and operation of market operations in the State.

Hon. Sanni Okanlawon, chairman of the local government committee, said the bill tries to address some anomalies in the extant law and would make it mandatory for all markets to be duly registered.

Advertisement

His colleague, Rauf Age-Suleiman, noted that the composition of the board of the bill is all-encompassing.

The Deputy Majority Leader, Adedamola Richard Kasunmu, noted that the Iyaloja-General belongs in the Market Advisory Council as captured in the bill. As such, it would amount to dual roles if she is added to the Market Board.

Advertisement

On his part, Hon. Sa’ad Olumoh said the bill makes it mandatory for the appointment of the board members to be ratified by the House. He also noted that the bill would help to scrap situations where traders arbitrarily apportion titles to themselves.

“Clause 18 talks about an advisory board which the Iyaloja-General is going to be heading. That tells us that our Iyaloja is in a better position to give the necessary advice,” he said.

Advertisement

While Hon. Stephen Ogundipe said the proposed law would be appreciated by Lagosians, his colleague, Hon. Nureni Akinsanya, urged that the bill should make it necessary for only honest people to gain positions.

Contributing to the debate, Hon. Aro Moshood emphasised that the bill ensures the cleanliness of markets, their effective management and takes care of gridlocks caused by the activities of traders and buyers.

Advertisement

 

Advertisement
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Cover1 day ago

How Nigerian Government, Colleagues in Movie Industry Forced My Relocation to Canada’ – Adekola Tijani Shares Experience

Banking/Finance3 days ago

FIRSTBANK HOLDS GROUNDBREAKING CEREMONY FOR NEW STATE-OF-THE-ART ECO-FRIENDLY HEADQUATERS

Cover4 days ago

GLO OFFERS CUSTOMERS 200% VALUE BACK ON NEW MiFi DEVICES

Cover7 days ago

AARE ADETOLA EMMANUELKING CELEBRATES CHIEF OLUSEGUN OBASANJO AT 88

Cover7 days ago

GRACE EFOBI: A Voice Of Worship, Passion, And Purpose

Cover1 week ago

Glo partners Min. of Comm, ITU, others on submarine cables’ resilience  

Cover1 week ago

Aare Adetola Emmanuelking Hosts Reception for CP Ogunlowo, Pledges Support for Law Enforcement in Ogun State

Banking/Finance1 week ago

ICAN, Union Bank of Nigeria Foster Stronger Relationship with Visit

Cover1 week ago

Glo Customers to get 15% bonus on airtime recharges

Banking/Finance2 weeks ago

Analyst Predict Fidelity to meet Recaptalization Threshold ahead of Regulatory Deadline

Cover2 weeks ago

Glo intensifies network upgrade, reassures of enhanced customer experience

Cover2 weeks ago

Osun LG Crisis: Why President Tinubu Must Call His Nephew, Gboyega Oyetola to Order

Uncategorized2 weeks ago

“Stop disgracing Womanhood with your disrespectful attitude”–Angry Niger Delta women tells Senator Natasha Akpoti-Uduaghan

Uncategorized2 weeks ago

Niger Delta Groups Ask Senator Natasha’s Husband To Call Her To Order Over Outburst Against Akpabio

Banking/Finance2 weeks ago

Fidelity Bank Enhances Educational Facilities in Benin, Abuja