Oyo Assembly Passes Amendment of Two Laws
The Oyo State House of Assembly has passed the amendment of two state laws.
The laws which are Revenue Administration Law, 2015 and Debt Management Agency Law, 2013, were passed after they scaled through the third reading during plenary.
The Speaker, Mr Adebo Ogundoyin, who presided over the plenary, said the amendments became imperative to reorganize the agencies to meet the current economic trends and realities.
According to the Speaker, the amendments are also meant to ensure that the laws are in tandem with that of other states of the Federation.
In their separate contributions, some of the lawmakers said though the amendments are minor, they are needed in the debt management and revenue administration of the state.