The InterParty Advisory Council (IPAC) in Lagos State, has commended members of the state House of Assembly for passing the Value Added Tax (VAT) bill 2021 and the Anti-Open Grazing bill 2021.
The body said that the bills were timely and in tandem with the yearnings of the people.
IPAC, in a statement issued on Thursday by its Publicity Secretary, Hon. Abiodun Salami, described the action of the House as a bold step towards bring harmonious relationship among all the ethnic groups in the state.
He said the bills would not only enhance the economy of the state but also guide against lawlessness, stating that the peaceful coexistence of farmers and herders would further promote unity and development.
On VAT bill, IPAC said the bill was long overdue and that it supports the action of the lawmakers, adding that the bill would promote fiscal federalism which the people have been yearning for.
“The VAT bill is long overdue for us in Lagos because majority of the monies collected as VAT by the Federal Government were from Lagos.
“Despite Lagos’ huge contribution to VAT, meagre is always given to the state, which is unacceptable, painful and a huge loss to Lagos.
“Now that the bill has been passed and which it is certain that the governor will assent quickly, development will continue to spread across the state because Lagos will have more money to execute more infrastructural projects in all areas of the state,” IPAC said.
On Anti-Open Grazing bill, the body said the bill would also promote economic of cattle rearing and crop farming, saying that it was a bill which benefits both the pastoralists and crop farmers in the state.
IPAC commended the Speaker of the House, Rt (Hon) Mudashiru Obasa for his leadership prowess and intellectual sagacity in ensuring that the Assembly remains to be ‘above the common standard’, saying that Obasa remains a blessing to the state and Nigeria at large.