Monday, May 19, 2025
  • About Us
  • Advertise
  • Careers
  • Contact
Oyo Reporters
  • Home
  • News
  • Politics
  • Entertainment
  • Business
  • Education
  • Sports
  • Health
  • Law
No Result
View All Result
  • Login
Oyo Reporters
No Result
View All Result
Home Business

Oyo Assembly moves to curb revenue leakages in markets  

OyoReporters by OyoReporters
February 5, 2021
in Business, News
3 min read
0
0
SHARES
67
VIEWS
Share on FacebookShare on Twitter

The Oyo State House of Assembly has lamented the growing illegalities in markets across the state, noting that the situation posed grave danger for economic growth against what was envisioned by the Governor Seyi Makinde-led government.  

The concern was raised at the floor of the House by the state’s lawmakers while deliberating on a motion titled, ‘Urgent needs to curb illegalities, mismanagement and revenue leakages in markets across Oyo State’ on Thursday. 

Related posts

Experts emphasize need for mentoring as Aderemi becomes Chairman, ILA Arbitration Committee

December 10, 2022

Oyo CAN prays against killings at Ibadan rally

May 23, 2022

The House noted that the act of illegality being perpetrated by some market leaders, including tampering with approved physical structures within the markets, had distorted the original plans and, as well, made markets’ structures unattractive to investors.

While presenting the motion on the floor of the House, the Chairman, House Committee on Commerce and Cooperative, Akinjide Olajide, stated that alteration of physical outlay of markets in the state, as well as mismanagement of public facilities, were the remote causes of irrecoverable losses in markets during fire outbreaks incidences.

He spoke in reference to the blockage of access roads and other road networks in markets with unapproved structures thereby making it impossible for fire fighters to access points of fire during outbreaks. 

The lawmaker who represents Lagelu State Constituency of Oyo State stated further that most markets in the state were designed to meet international standards for the purpose of promoting commerce, industry and achieving sundry other economic goals in a serene environment, but the intents were being hampered by market leaders.

He lamented that illegal collection of government revenue had become the order of the day in some markets thereby undermining state’s efforts at generating revenue for infrastructural development within the state. 

He called for the improvement of sanitation of markets across the state and the entrenchment of discipline in a bid to combat revenue leakages and, thereby, engender economic development.

Lauding the current administration in the state for its infrastructural development strides in markets, the lawmaker said the state House of Assembly would support the ongoing initiative by intensifying its oversight functions through tracking of budgetary allocation for markets’ growth and development.

Other lawmakers at the plenary described the motion as timely and relevant for the growth and development of the state considering its potential as a tool for checking irregularities and other unethical activities within the markets at the expense of the state.

They unanimously urged the state government to put measures in place to resuscitate and empower the task force on markets.

In his reaction at the plenary, the Speaker, Rt. Hon. Adebo Ogundoyin, said the safety of all markets in the state should be paramount to all stakeholders. He pledged that the House would make adequate check on issues of welfare, security and revenue generation in markets across the state. 

The House directed the Committee on Commerce and Cooperative, as well as the Committee on Environment and Ecology to investigate the matter promptly and report same back to the House in two weeks.

Share this:

  • Facebook
  • X

Like this:

Like Loading...
Tags: adebo ogundoyinakinjide olajidechairmancommittee on commerce and cooperativecommittee on environment and ecologycorruption in marketshouse committee on commerce and cooperativelawmakers move to curb revenue leakagesleakages in marketsoyo state House of assemblyspeaker
Previous Post

Oyo tasks NYSC to reform scheme for relevance

Next Post

EFCC quizzes 7 suspected internet fraudsters in Ibadan

Related Posts

Business

Experts emphasize need for mentoring as Aderemi becomes Chairman, ILA Arbitration Committee

December 10, 2022
News

Oyo CAN prays against killings at Ibadan rally

May 23, 2022
Education

Plan to upgrade LAUTECH to conventional University underway – Oyo govt.

February 8, 2022
Education

Gbajabiamila invites ASUU president, finance, education ministers over unresolved agreement

November 16, 2021
News

Revealed! Naval officer alleges soldiers sell arms to survive in North East

September 28, 2021
News

APC Congress Committee Chairman urges unity among party loyalists

September 4, 2021
Next Post

EFCC quizzes 7 suspected internet fraudsters in Ibadan

Hoodlums hack four Amotekun personnel in Ibadan

Leave a ReplyCancel reply

ADVERTISEMENT

RECOMMENDED NEWS

2023: Group urges Osinbajo to run for president

3 years ago

8 applicants in UI VC race set for today’s town hall meeting

4 years ago

Orphans in Oyo to access special health insurance scheme soon – Gov. Makinde

4 years ago

Opinion on Senator Alli’s holiday coaching initiative

9 months ago

BROWSE BY CATEGORIES

  • Agriculture
  • Business
  • Crime
  • Culture
  • Education
  • Entertainment
  • Entrepreneurs
  • Environment
  • Exclusive
  • Health
  • History
  • Law
  • News
  • Opinion
  • Politics
  • Religion
  • Sports
  • Tourism
  • Travel
  • Uncategorized
  • Vacancies in Town

BROWSE BY TOPICS

abiola Ajimobi adebo ogundoyin akinyele local government area all progressives congress apc bishop francis wale oke bishop wale oke bola tinubu chairman chief sunday adeyemo commissioner of police COVID-19 economic and financial crimes commission efcc federal government governor seyi makinde Ibadan ibadan zonal office ibedc John Ayodele National Assembly nwachukwu enwonwu oba saliu adetunji olubadan of ibadan olugbenga fadeyi oyo state oyo state command oyo state government oyo state House of assembly oyo state police command paulesi pentecostal fellowship of nigeria peoples democratic party pfn police public relations officer ppro president president muhammadu buhari prof. banji akintoye senator sharafadeen alli sunday adeyemo sunday igboho UI university of Ibadan wilson uwujaren

POPULAR NEWS

  • Breaking: Shock as Rev. Oyor, Ibadan-based deliverance minister, bows to death

    0 shares
    Share 0 Tweet 0
  • Olofa of Offa: Report of monarch’s alleged acquisition of private jet goes viral

    0 shares
    Share 0 Tweet 0
  • Ridicule traditional religion, get stripped of your honour – Ifa priest warns Obas, theatre practitioners

    0 shares
    Share 0 Tweet 0
  • NSCDC arrests 8 suspected kidnappers in Iseyin

    0 shares
    Share 0 Tweet 0
  • Aseyin commends state government over proposed Iseyin-Ogbomoso Road construction

    0 shares
    Share 0 Tweet 0
  • LAUTECH elevates Ajenikoko, Ogunleye, 29 others as professors, 52 become readers

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Oyo Reporters

At OyoReporters, we are a team of research-oriented, thoroughbred journalists guided by standards and ethics of the profession as well as in-depth knowledge of Oyo State, our coverage area.

Follow us on social media:

Recent News

  • FG approves establishment of Chinese electric vehicle factories in Nigeria
  • DAPPMAN explains why members shun NNPCL refineries for petrol supply
  • CBN reduces Federal Government loans by over N4trillion

Category

  • Agriculture
  • Business
  • Crime
  • Culture
  • Education
  • Entertainment
  • Entrepreneurs
  • Environment
  • Exclusive
  • Health
  • History
  • Law
  • News
  • Opinion
  • Politics
  • Religion
  • Sports
  • Tourism
  • Travel
  • Uncategorized
  • Vacancies in Town

Recent News

FG approves establishment of Chinese electric vehicle factories in Nigeria

May 19, 2025

DAPPMAN explains why members shun NNPCL refineries for petrol supply

May 19, 2025
  • About Us
  • Advertise
  • Careers
  • Contact

© 2020 Oyo Reporters
Optimized by IChannelTech.

  • Login
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • Health
  • Sports
  • Education
  • Law
  • Travel
  • Vacancies in Town
  • Opinion

© 2020 Oyo Reporters
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

%d