Majority of the lawmakers at the Lagos State House of Assembly on Tuesday supported the Market Authority Bill currently being considered by the legislators, saying it would strengthen business activities in the State.
The bill scaled second reading on the floor of the House with the Speaker, 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.
House Committee Chairman on Local Government, Sanni Okanlawon, 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.
While Stephen Ogundipe, said residents would appreciate the proposed law, his colleague, Nureni Akinsanya, urged that the bill should make it necessary for only honest people to gain positions.
Contributing to the debate, Aro Moshood stressed that the bill will also ensure the cleanliness of markets, their effective management, and the removal of gridlock caused by traders’ and buyers’ activities.
