The Oyo State House of Assembly has passed the amendment of two state laws.
The laws are the Revenue Administration Law, 2015 and Debt Management Agency Law, 2013, and were read for the third time and passed during the Friday plenary.
The Speaker, Honourable 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 these laws of Oyo State are in tandem with that of other states of the Federation.
The lawmakers in their contributions commended the resolve of the State Governor, Engr Seyi Makinde to improve the economic Fortune of the state in line with the best practices.
While maintaining that though the amendments were minor, the lawmakers said they were needed in the debt management and revenue administration of the state.
Makinde Flag Off New Project
In the meantime, Oyo State Governor, Engineer Seyi Makinde has flagged off the construction of four ultra-modern bus terminals at Iwo road, Challenge, New Ife Road and Ojoo in Ibadan.
Among facilities to make up the bus terminals are drivers’ lounge, eateries, ticketing offices, ATM galleries, passenger waiting hall, conveniences, and shops.
Upon completion, the bus terminals would ensure that the problem of traffic jams in the different locations would be resolved, while security breaches in motor parks would be efficiently tackled.
The projects are expected to be completed within 12months.