Abiodun signs Investment Promotion Agency, other bills into law

Ogun State Governor, Prince Dapo Abiodun, has signed into law a bill to have a one stop shop for investors wishing to establish businesses  in Ogun State. The bill was presented to him for assent by the leadership of the State House of Assembly. It is known as Investment Promotion and Facilitation Agency of Ogun State, 2019

Three other Bills were also signed into law by the Governor. They are: Ogun State Legislative Fund Management Law, 2019; the Magistrates’ Court (Amendment) Law, 2019 and the Customary Court (Amendment) Law  2019.

Governor   Abiodun signed the Bills in the presence of the Speaker of the State House  of Assembly,  Hon.Olakunle Oluomo and all other members at a caucus meeting held at the Governor’s Office, Abeokuta. He lauded the lawmakers for passing the Bills which are for the interest of the people within the first 100days of the inauguration of the 9th Assembly. 

He said the lawmakers also did well by passing three other resolutions as he also appreciated them for pproving his request for N1.5bn loan to facilitate the Anchor Borrowers’ Programme aimed at producing 40,000 agroprenuers, saying that it would enable the State participate actively in national economic growth even as agriculture is one of the sectors which his administration intended to revolutionised.

“The Anchor Borrowers’ Programme is one of the programmes under our agricultural sector which is one of our pillars of our vision. We are committed to the revolution of that sector. We see the sector as one that will ensure, apart from food security, employment opportunities to our unemployed youth.

“The Central Bank of Nigeria will provide the loan which will be used in assisting the outgrowers for clearing the land and other logistics. Our new agriprenuers would be provided free seedlings and paid allowances until their first harvest, while we supply the extension services,” he said.

While informing members of the State Legislature what his administration had been able to do in the last 100 days, Prince Abiodun said sectors like education, health, infrastructure, Information technology, security, agriculture and employment had been on the front burner. He assured the legislators that all parts of the State would be touched in terms of development. 

While pledging that his administration would be inclusive, the Governor appreciated the lawmakers for the Bills they brought forward and the resolutions, noting that it underscored their commitment to complement the Executive arm of Government. 

“I join you in appreciating God for the 100 days or productive days. Count yourselves lucky to be the representatives of our people. You are not better than others, but God has chosen you at this particular time.

“I really appreciate the relationship that we have. It has been mutually beneficial between the executive and the legislature,” he submitted.

Speaking earlier, the Speaker, said the passage of the Bills and resolutions was to mark their 100 days in office and to use the opportunity of signing the Bills by the Governor to hold a caucus meeting with him.

“We are marking our 100 days in office after inauguration. To benchmark it, we passed some Bills and resolutions and brought them for the Governor to sign.

“We have the amendment to the Magistrate Court Bill and the Customary Court Bill. The two are to bring Justice nearer to the people so that cases that have up to N250,000 cost can be handled at the Customary Court level.

“The other one is the Bill to establish the Ogun State Investment Promotion Agency which is a one-stop shop for ease of doing business in the State, while the last one is the House of Assembly Fund Management Law which will make the State Assembly accountable for every Kobo received from the Consolidated Account,” he explained.

Oluomo described the relationship between the Executive and the Legislature as cordial. He said apart from the four Bills, the lawmakers also passed resolutions, calling on the State Government to adopt the Beijing Affirmative Action by appointing thirty five percent of women into political offices, ten percent of youths and also the appointment of people with disabilities into political positions.

The Speaker said the Legislature would continue to accord other arms of government due respect, enjoining the people to continue supporting government to enjoy the benefits of democracy.