Friday, October 22, 2021

    Anambra Assembly passes Hydroform, Concrete Agency Establishment Bill

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    Naija247news Editorial Team
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    By Lucy Osuizigbo-Okechukwu
    Awka, June 30, 2021 The Anambra State House of Assembly has passed a bill for the establishment of the Anambra State Hydroform and Concrete Agency to reduce the cost of building construction and housing in the state.
    Naija247news reports that the Assembly passed the bill after Third Reading on the floor of the House on Wednesday.
    The lawmakers took turns to perfect some corrections in the 27-clause bill before it was finally passed.
    The Speaker, Mr Uche Okafor, conducted a voice vote on each of the sections of the bill before passage by the House.
    Okafor said: “Having considered the Third Reading for the bill – Anambra State Hydroform and Concrete Agency Establishment Law 2021, and to provide for other related matters – the bill is hereby passed.’’
    The speaker directed the Clerk of the House, Mr Pius Udo to forward a clean copy of the bill to Gov. Willie Obiano for his assent.
    According to the bill, the Agency will be solely empowered to produce blocks for the construction of government buildings.
    It says that the agency would be saddled with the responsibility of determining prices for the products and ensure it is affordable and cheaper for the state government.
    It also said that the agency shall develop strategy for diversifying into other block making businesses in the near future.
    “The agency would develop the strategy for commercialising the products as may be directed by the governor
    “It shall ensure that government and its institutions pay for any service rendered by the agency,” it said

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