Home News Bills To Boost Investment, Safety Scale Second Reading In Ogun Assembly

Bills To Boost Investment, Safety Scale Second Reading In Ogun Assembly

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By Kolawole Olayinka, Abeokuta

Committed to the socio-economic development and promotion of safety in the industrialisation policy of Ogun State, the State House of Assembly has debated and allowed two bills including Public Private Partnership (PPP) Law of Ogun State, 2019 and Ogun State Safety Commission Law, 2019 passed through second reading on the floor.

The bills are aimed at turning around the socio-economic fortunes of the State through the sustenance of enabling the environment for existing and prospective investors as well as promoting safety practices among industries in the State.

The second reading of the bills leading to their debates followed the motions moved by Hon. Kemi Oduwole and Ademuyiwa Adeyemi respectively, seconded by Akeem Balogun and Musefiu Lamidi, supported by the whole House through a voice vote at a plenary presided over by speaker Olakunle Oluomo.

Contributing to the debate on the PPP Law, 2019, lawmakers including Oduwole, Sola Adams, Akeem Balogun, and Amosun Yusuf said the passage of the bill and its implementation would formalize public private partnership arrangements to create employment opportunities for the teeming populace while enhancing the investment base of the State.

Also, Honourables Olakunle Sobunkanla, Yusuf Adejojo, and Kayode Soneye, stated that the bill was geared towards addressing double taxation and create an avenue for bringing efficiency into the running of the public private infrastructure and investments, this they noted would help to harness resources from the private sector to boost the investment index of the State.

Speaking on the State Safety Commission Law, 2019, lawmakers including Ademuyiwa Adeyemi, Kemi Oduwole, Yusuf Amosun, Musefiu Lamidi and Olakunle Sobunkanla, underscored the importance of safety in the manufacturing sector of any nation’s economy, explaining that the bill when operational, would create a one-stop shop for different safety agencies to link manufacturers and enhance ease of doing business in the State.

Responding, Speaker Oluomo committed the bill on PPP to the Committees on Finance and Appropriation, alongside Investments, Commerce and Industries, while that of Safety Commission Law was charged to the Committees on Environment as well as  Commerce and Industries for further legislative actions.

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