Kogi State House of Assembly has passed the Signage Agency Establishment Law which requires presidential candidates to pay N10 million to erect billboards and posters in Kogi.
The house passed the bill on Thursday in Lokoja, capital of Kwara State.
The legislators, who considered the bill clause by clause at plenary, said the law would regulate outdoor display of signage and advertisement in the state.
The law also aims at curbing the indiscriminate pasting of posters on side walks, walls, bridges and public buildings in the state.
The new law will see the likes of Atiku Abubakar, Peter Obi, Bola Tinubu and other presidential candidates pay N10m to erect billboards and posters in Kogi.
The law also requires all governorship candidates to pay N5 million, senatorial candidates to pay N2 million and House of Representatives’ candidates to pay N1 million.
The law also stipulates that House of Assembly and council chairmanship candidates are to pay N500, 000 each.
Consequently, the law provides for the establishment of a signage agency saddled with regulatory functions.
This means that until permits are issued no politician, political party or organisation can erect any billboard or paste a poster at any designated place in the state.
Also at plenary, the House passed a second bill regulating pool betting in the state.
By the new law, if assented, all operators of pool centres in the state must register with the state government before operating such business in Kogi.
Speaker of the House, Matthew Kolawale, explained that with the passage of the two bills, defaulters would face the wrath of the law.
Anambra State House of Assembly passed a similar bill earlier this year.
