The Lagos State House of Assembly on Thursday passed the Value Added Tax (VAT) Bill, and the open grazing bill which prohibits open cattle grazing in the state.
The bill passing involved Speaker Mudashiru Obasa directing the Acting Clerk of the House, Olalekan Onafeko, to transmit a clean copy to Governor Babajide Sanwo-Olu for assent.
Acting Clerk, Olalekan Onafeko, after a plenary on Monday, said the prohibition of Open Cattle Grazing Bill, when passed will ensure harmonious relationships between herders and farmers in the state.
Also on Monday, the Assembly read for the first and second time, the state’s Value Added Tax (VAT) bill, and asked the Committee on Finance, which was handling it to report back on Thursday. “The VAT bill would further lead to an increase in revenue and infrastructural development, “ the speaker had said.
The two bills which were read at sitting for the third time were passed after unanimous votes by the lawmakers.
Speaker Obasa, therefore, expressed appreciation to his colleagues for their passion to see that the state continues to grow.
“I thank you all for this historic exercise,” he said.
The House had before the passing, held separate public hearings on the bills on Wednesday, with stakeholders expressing support.