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Lagos Lawmakers Support Bill to Reform Market Operations

adminadminSeptember 12, 2024 1721 Minutes read0
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By Blessing Obams, JKNewsMedia Intern

LEGISLATORS AT the Lagos State House of Assembly have voiced strong support for the proposed Market Authority Bill, which seeks to regulate and organize market operations across the state.

During Tuesday’s session, the bill passed its second reading and was referred to the Committee on Local Government for further review.

The committee was given two weeks to present its findings.

If enacted, the bill will mandate the registration and structured management of markets, aiming to resolve existing issues in the current legal framework.

Hon. Sanni Okanlawon, chair of the local government committee, highlighted the need for all markets in the state to be properly registered.

He noted that the proposed changes address anomalies in the existing law.

Hon. Rauf Age-Suleiman supported the bill, stating that the composition of the proposed Market Board is inclusive.

Deputy Majority Leader, Adedamola Richard Kasunmu, added that the Iyaloja-General’s role is already captured in the Market Advisory Council, and including her in the Market Board would create a conflict.

Hon. Sa’ad Olumoh emphasized that the bill requires the House to ratify all board appointments, ensuring transparency and eliminating self-appointed market leaders.

He stressed the importance of including only credible individuals in leadership positions.

Hon. Aro Moshood highlighted how the bill addresses market cleanliness, efficient management, and the reduction of traffic congestion caused by trading activities.

His colleagues agreed that the new law would benefit the people of Lagos, promoting better organization of market spaces.

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