11 Feb 2022

Governor Sanwo-Olu Signs bill to provide for the registration of cooperative societies in Lagos State

Lagos State Governor, Babajide Sanwo-Olu, has signed into law a bill to provide for the registration of cooperative societies in the state.

Governor Sanwo-Olu said that the law to provide for the registration of cooperative societies in Lagos State will make it easy to regulate the operations of thousands of cooperative societies in the state for harmonious cooperation.

The governor also signed into law two other bills that enable the regulation of real estate transactions and law to regulate ownership, licensing, and sale of pets and to prohibit and restrict people from having in custody dangerous animals in public places.

The governor signed the bill at the Executive Chamber at the Lagos House in the Ikeja area on Monday. With him is the Attorney General/Commissioner for Justice, Mr. Moyosore Onigbanjo (SAN), commissioners, special advisers amongst others.

The Governor also swore in Mr. Ope George and Dr. Oluwarotimi Fashola as Special Advisers on Public-Private Partnerships and Agriculture (Rice Mill Initiative) respectively. And said George and Fashola are coming into the State Executive Council with a lot of experience in public and private partnership and agriculture to add value to the system and wish them the very best in their new assignments.

“We believe this addition to our cabinet will further strengthen our ability to deliver all that we promised our citizens because we need people in strategic positions. We need people that have sufficient authority to be able to dispense their responsibilities,” he said.

Governor Sanwo-Olu said the law to regulate the real estate transactions in Lagos State will help to protect the citizens; the unsuspecting Lagosians who fall prey to many real estate professionals, adding that the law will also help players in the real estate sector to know what is expected of them and for government to be able to track who is doing what in the sector.

“It is really about ease of doing business and ensuring that we can continue to attract private sector investments into the real estate space. We believe this law would be the very first in the country that has taken a deep dive into what is happening in that space and it further strengthens our intervention in housing through the Ministry of Housing,” he said.

The governor also noted that the law regulating the ownership, licensing and sales of pets, prohibiting and restricting people from having in custody dangerous animals in public places, will further strengthen all the deliverables in the Ministry of Agriculture, especially issues that have to do with pets and animals.

The governor, who commended the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa and the state lawmakers for seeing the need to pass the bills into laws said the government will “continue to ensure that our citizens are happy with us and trust is further deepened in government.”

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