The Minister of Industry Trade and Investment, Otunba Adeniyi Adebayo has inaugurated a 10-member committee to review the Weights and Measures Act, Regulation and Table of Fees.
naugurating the committee in Abuja, Adebayo said that the need to meet global trends in weights and measures administration with its attendant consequences on Nigeria’s economy necessitated the ministry to review the extant law.
He said that the current act regulating legal metrology in Nigeria came into effect in 1962 and was amended in 1974.
“However, since then, there have been new realities that need to be reflected in the new act, regulation and table of fees that are being contemplated by the ministry,’’ he said.
The minister, among other things, urged the committee to review the fifth and eight schedules of the regulations of weight and measures to promote the “Ease of Doing Business’’.
This includes facilitating adoption of business organisations domiciled in Nigeria to mono-lateral, bilateral and multilateral trade agreements to which Nigeria is a signatory,’’ Adebayo said.
He also tasked the committee to review the table of Fees and Fines currently charged on legal metrology services as well as put up a draft legislation for the Weights and Measures Regulatory agency.
Adebayo also said that the need to actualise the implementation of Nigeria National Quality Policy (NNQP) made it imperative for a review of the Weights and Measures Act.
Source: BUSINESSDAY NIGERIA