The Inter-Party Advisory Council, IPAC says the Anti-Open Grazing and Value Added Tax,VAT, bills passed on Thursday by the Lagos State House of Assembly will generate positive impacts.
A statement issued today by IPAC Publicity Secretary, Abiodun Salami, assured that the passage would foster a harmonious relationship among ethnic groups.
The statement expressed confidence that the VAT bill would promote fiscal federalism as states can now get more funds for infrastructure development.
It added that the Anti-Open Grazing bill will also promote the economics of cattle rearing and crop farming, and benefit both the pastoralists and farmers.