Lagos Assembly moves to enact VAT, open grazing bills

The Lagos State House of Assembly, yesterday, in an accelerated reading, committed the bill on the state’s Value Added Tax (VAT) to the committee on finance and asked it to report back on Thursday after the bill scaled first and second reading.

The House also treated for speedy reading, the bill on open grazing before committing it to the committee on agriculture.

Speaker of the House, Mudashiru Obasa, described the ‘Prohibition of Open Cattle Grazing Bill’ as time and one that would ensure harmonious relationship between herders and farmers and protect the environment of the state and the Southwest region.

The Speaker also suggested that the bill should make provision for the registration of herders and prepare them for ranching.

“Allocating parcel of land is not enough, but there should be a training of those who would go into ranching,” he said, noting that ranching is expensive and required adequate preparation.

Concerning the bill on VAT, Speaker Obasa said it would lead to an “increase in revenue and infrastructural development. This is in line with fiscal federalism that we have been talking about.”

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