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Friday 2 March 2018

Lagos Begins Implementation Of New Land Use Law

Lagos Government has begun the implementation of the new Land Use Charge in the state. The government commenced the distribution of the 2018 notices for property across the state last week. Commissioner for Finance, Akinyemi Ashade, said the new regime allows for property owners to calculate by themselves the rates payable by them, once they have determined the market value of their property.


Ashade added that the state government is very mindful of the impact of the current economic situation in the country on residents of the State, pointing out that the new Land Use Charge regime has several inbuilt reliefs for Lagosians. For instance, senior citizens (citizens aged 70 years and above) who live in their own houses, are exempted from paying Land Use Charge. The same applies to properties owned by religious and not-for-profit organisations where such properties are not profit-yielding. Physically challenged citizens also enjoy considerable discounts on their computed charges. In the same light, every Land Use Charge bill benefits from a discount of 40 percent and an additional 15 percent discount if the bill is paid promptly.

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GUYS, WHAT DO YOU THINK?
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Edited by: Endy Edeson
Photo News Editor: Endy Edeson
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FACEBOOK COMMENTS

Johnson Ahile

aMBODE is trying for Lagos
LikeReactReplyDeleteReportThursday at 4:50pm

Johnson Ahile

Only the cleaner Lagos is going slow
LikeReactReplyDeleteReportThursday at 4:51pm

Endy Edeson

Cleaner Lagos is being well implemented. Though, it will take some time for the residence to feel the full impact @Ahile
LikeReactReplyEditThursday at 4:53pm

Johnson Ahile

ok the last time i came to lagos, it was very dirty. but the land use law is a nice concept from the govt
LikeReactReplyDeleteReportThursday at 5:15pm

Endy Edeson

Yeah. with this, the citizens have something to benefit from the govt
LikeReactReplyEditThursday at 5:17pm

Geraldine Okpor

My landlord is above 70 and he brought the land use charge bill to tenants to pay.how does this bill concern tenants?
1LikeReplyDeleteReport9 hours ago

Endy Edeson

Geraldine, seriously? You can claim your right with this new law
1LikeReactReplyEdit7 hours ago

Geraldine Okpor

Yes Endy,he started collecting the payment last and about to collect the second one! I hope this new law helps!
LikeReactReplyDeleteReport6 hours ago

Endy Edeson

Just tell him about the new law. Most of them are not aware of it

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