The Ondo State House of Assembly has promised speedy passage into laws of three separate executive bills before it, just as the hallowed chamber committed the bills to the House Committee on Finance and Appropriation for necessary actions.
The bills are, a bill for a law for the prudent management of Ondo state's resources, to ensure longterm macro-economic stability of the state's economy, ensure greater accountability and transparency in fiscal operations within a longterm plan and medium term fiscal policy framework, and the establishment of a Fiscal Responsibility Committee to ensure achievement of the state's economic objectives and other matters connected therewith.
A bill for a law to establish the State Board of Public Procurement and the Bureau of Public Procurement as the regulatory authorities responsible for the monitoring and oversight of public procurement and related matters, as well as a bill for a law to enact the Ondo State Public Finance Management Law.
The three executive bills were on Wednesday, June 14, 2017, presented to the Assembly by the State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, for passage into laws.
The bills had earlier scaled through the first reading on the floor of the House.
At the plenary sitting presided over by the Speaker of the Assembly, Rt. Hon. Bamidele Oleyelogun, last week, the lawmakers unanimously supported the bills to be committed to Committee stage after scaling through the second reading on the floor of the House.
The Majority Leader of the House, Hon. Olugbenga Araoyinbo, in his separate motions for the second reading of the three separate bills, averred that the bills when passed into laws would block leakages in the public sector and address issues of abandoned projects in government.
He called on other lawmakers to give total support for the quick passage of the bills to ensure accountability and transparency in governance.
Other lawmakers in their separate secondments and contributions explained that the bills would help reform public sector and ensure prudent management of resources in the state.
The Deputy Speaker of the House, Rt. Hon. Ogundeji Iroju, said among other benefits when passed into laws, the bills would help the state in getting financial assistance from the World Bank.
Iroju also called on the House Committee on Finance and Appropriation to do what he called surgical operations on the bills.
Also contributing, Hon. Sunday Olajide noted that the bills were necessary to reform public sector in the state and ensure economic development, just as he promised that the committee would do the needful on the bills to ensure their speedy passage.
On his part, Hon. Jamiu Maito stressed that if the revenues of government are being put into a consolidated account, it would prevent wastes and bring about needed development in the Sunshine State.
After exhaustive debates and deliberations, the lawmakers unanimously supported the three separate Bills to be committed to the Committee on Finance and Appropriation for necessary actions.
Giving his authority to the bills, the Speaker of the House, Rt. Hon. Bamidele Oleyelogun, emphasised that the bills when passed into laws, would reduce wastages in government.
The Speaker who appreciated his colleagues for their useful contributions, also asked the House Committee on Finance and Appropriation under the Chairmanship of Hon. Sunday Olajide to expedite actions on the bills.