The Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda, has committed a bill to establish the State’s research trust fund to a sub-committee of the House.<\/p>\n
Meranda also emphasised the need for tertiary institutions in the state to partake in effective research works for the benefit of the state.<\/p>\n
This was as the bill, sponsored by a member of the House, Hon. Gbolahan Yishawu, scaled second reading on the floor of the House.<\/p>\n
The proposed law is aimed at creating a ‘state research trust fund for the allocation, management and administration of the trust fund and for connected purposes’.<\/p>\n
Supporting the bill, lawmakers praised the sponsor and noted that it would help advance the state.<\/p>\n
Yishawu told his colleagues that the bill was important as it would help drive innovation, economic growth, and technological advancement in the state.<\/p>\n
According to him, Lagos, as Nigeria\u2019s economic hub, cannot afford to lag in scientific and technological development.<\/p>\n
He argued that a well-structured research and development funding system would enhance governance, stimulate industrialisation, and position the state as a leader in innovation.<\/p>\n
He also stressed that the bill, when passed, would touch every facet of Lagos.<\/p>\n
Dissecting the bill, some of the lawmakers raised concerns over taxation but agreed that the bill was important.<\/p>\n
Hon. Noheem Adams stressed that funding would help to provide a veritable opportunity for researchers to come up with results that help societies.<\/p>\n
According to him, when Alexander Graham Bell invented the telephone, “it would have been difficult to visualize that a day would come when we will all have a handset in our pockets.”<\/p>\n
The ad-hoc committee is expected to fine-tune the bill ahead of further processes leading to its passage.<\/p>\n
Signed:
\nMedia Office Of The Rt. Hon. Speaker<\/p>\n","protected":false},"excerpt":{"rendered":"
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