Hon. Adedapo Lam Adesina, the Member representing Ibadan North East/South East Federal Constituency at the House of Representatives has presented bills to address issues of incessant fire outbreaks and improvement on the level of Investment in the country.

While presenting a bill titled “National Fire Administration (Establishment) Bill, 2018” before the House on March 6, 2018, Hon. Dapo Lam  explained that the objective of the bill is to strengthen the operation of the Fire Service, with a view to reducing or curbing various incidences of fire in the country.

Similarly, on March 22, 2018, Hon. Adedapo Lam Adesina presented another bill tagged “Trustee Investments Act (Amendment) Bill, 2018” before the House.

The bill according to Hon. Adesina is intended to radically improve the securities sub-sector of the economy through the amendment of certain aspects of the existing law that has been in operation in the country since 1957.

The young and vibrant Legislator emphasized that the amendment will provide mechanism to facilitate investment of trust and other funds in issued securities, including mortgaged backed securities and secondary mortgage transaction.

‘The bill will go a long way in enhancing Investors’ confidence in the system’, Hon. Adedapo Lam Adesina submitted.

Meanwhile, the two bills have scaled through the first reading at the floor of the House.

Signed

Media Assistant