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Ikeja Record

Lagos Market Authority Bill to boost business, say Lawmakers as bill passes second reading

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

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Ikeja Record
Sep 11, 2024
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This statement was obtained by The Record from Eromosele Ebhomele, Chief Press Secretary to the Speaker of the Lagos State House of Assembly.

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.

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.

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

The Deputy Majority Leader, Adedamola Richa…

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