Stakeholders have called for harmonisation of market operations as the Lagos House of Assembly, yesterday, held a public hearing on a law to establish Lagos State Market Authority, which aims to regulate and coordinate market activities in the state.
The bill, titled, “A Law to Establish The Lagos State Market Authority,” is meant to provide for the registration, formation, organisation and operation of market associations and connected purposes.
He, however, urged the lawmakers in the Assembly to incorporate the roles of traditional rulers in the law that will govern market associations in the state.
In his opening remarks, Obasa said the bill seeks to regulate market operations and provide policy recommendations to the government on market-related issues, such as fair pricing and management.
The Majority Leader of the House, Adams Noheem, said that the bill’s structure contains 55 clauses and would establish a 31-member authority, including the Iyaloja-General, to oversee market operations...
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