Kogi State Governor Idris Wada yesterday sent a bill to the House of Assembly to enable him borrow money for the issuance and management of bonds.
The governor has been invited to deliver a paper at the World Economic Forum in South Africa.
He left the country yesterday for South Africa through the Murtala Mohammed International Airport (MMIA), Lagos, to attend the meeting.
Among the two executive bills Wada sent to the Assembly for consideration and passage is a Bill for a law to make provision for the administration collection of revenue.
Reading the two bills on the floor of the Assembly, Speaker Momoh Jimoh Lawal urged other members to speedily consider and pass the bills because of their importance to the state.
One of the bills states that the state does not have an enabling legal and regulatory framework for bond issuance and public private partnership (PPP).
It says the existence of a bond law would make the state attractive to credible private partnership and investors.
