Ekiti Assembly Holds Public Hearing on Wealth Fund Bill, 2023

By: Admin | Posted on: 2023-05-08 02:32:56

Ekiti Assembly Holds Public Hearing On Wealth Fund Bill, 2023 April 28, 2023 Heritagenewsng.com By Gbenga Sodeinde The Ekiti State House of Assembly has described the Wealth Fund Bill, 2023, as a futuristic bill meant to secure economic stability for ekiti people and the future generations. The Chairman, House Committee on Investment, Trade and Industry, Hon. Yemi Osatuyi, made this known at a day public hearing held on Thursday, at the Assembly Chambers in Ado Ekiti. The Wealth Fund Bill, 2023 is a bill which seeks to establish the state wealth fund, to receive, manage and invest in a diversified port-folio of medium and long- term assets for the benefit of indigenes and residents of the Ekiti. Osatuyi who said the essence of the bill was to ensure the state government engages in investing and saving part of it’s accrued resources for future purposes, also stressed that the motive for the public hearing was to allow stakeholders concerned add their inputs for a better result. The Chairman while appreciating the State Governor for the bill, pledged to ensure the Committee report back to the House in due time. Participants at the public hearing expressed delights in the bill, stating that it would assist in building wealth for the incoming generation, and as well empower the state in making savings for posterity. They expressed their support towards ensuring the bill when finally fine tuned is giving an accelerated passage. At the event were the Permanent Secretaries of the Ministry of Finance; Investment, Trade and Industry; Chairman, Ekiti State Board of Internal Revenue, and Director General, Ekiti State Chambers of Commerce among others. ALSO READ Ekiti Reiterates Commitment To Prioritize Student's Welfare Meanwhile, the Speaker, Ekiti State House of Assembly, Rt.Hon. Olubunmi Adelugba has charged women professionals to be proactive in their various professions for more recognition and accolades. She gave the charge during a courtesy visit of the Nigeria Institute of Estate Surveyor and valuers(NIESV, Women Wings )to her office in Ado Ekiti. Rt Hon. Adelugba who maintained that the position and functions of women in the society and can not be underestimated, implored them to be up and doing in their chosen profession. She added that necessary guidelines and policies should be put in place to curb the infiltration of non- professionals in their field. Earlier, the Coordinator of the Association, Mrs Dunni Owa, while congratulating the Speaker on her emergence as the first female speaker in the state, also solicited for the support of the House for the women wing of Estate managers.