HOW ANTI-OPEN GRAZING  BILLS WILL IMPACT LAGOS

IPAC publicity secretary, Abiodun Salami, in a statement says  the Anti-Open Grazing and Value Added Tax (VAT) bills passed on Thursday will enhance the economy of Lagos and guide against lawlessness.

Salami expressed confidence that the VAT bill would promote fiscal federalism as states can now get more funds for infrastructure development.

He said the bill is long overdue because majority of the monies collected as VAT by the federal government are from Lagos.

IPAC noted that despite its huge contributions to federal purse, the state only gets back a meagre sum.

“Now that the bill has been passed, Lagos will have more money to execute more projects in all areas.

“The Anti-Open Grazing bill will also promote the economics of cattle rearing and crop farming. It wll benefit both the pastoralists and farmers”, Salami added.

The political parties commended members of the House of Assembly for meeting “the yearnings of the people”.