Lagos Assembly Aims Economic Advancement Through Research Trust Fund Bill

By Felix Kuyinu

The Lagos House of Assembly has continued it’s efforts to pass the proposed Research Trust Fund Bill in the state.

The parliamentarians said that the bill, when implemented, will add growth to the state’s economy and technological advancement.

The red chamber commited further activities in enacting the bill to a Sub-Committee in the House.

Honourable Gbolahan Yishawu who sponsored the bill said that the motive behind the proposed bill bordered on creating a state research trust fund for allocation, management and administration of the trust fund for connected purposes.

Yishawu, who represents Eti-Osa Constituency 02 at the stressed that the bill will also create an avenue for the state becoming an economic hub in the country and also build scientific and technological advancement.

The legislator said: ” This bill, when we’ll structured, would enhance governance, stimulate industrialization, and position the state as a leader in innovation.

“When passed, it would touch every facet of Lagos.”