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Lagos State Reviews Land Use Charge To Pre-2018 Rates - Properties - Nairaland

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See The Full Details Of Lagos State Govt. Reduction Of Land Use Charge / The N589.3M House In Omole As Valued By LASG For Land Use Charge / Land Use Charge Law Of 2018: Things You Need To Know (2) (3) (4)

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Lagos State Reviews Land Use Charge To Pre-2018 Rates by BrandSpurNG: 9:30am On Aug 06, 2020
The Lagos Government has reviewed the Land Use Charge (LUC) Law by reversing the rates to pre-2018, thereby undertaking reforms to reduce financial pressure on citizens and accommodating the agitations of Lagosians in respect of the exorbitant rates.

The Commissioner for Finance, Dr. Rabiu Olowo, who revealed this on Wednesday during a press briefing held at the Bagauda Kaltho Press Centre, Alausa Ikeja, also disclosed that the penalties for 2017, 2018 and 2019 have been waived which translates to over N5 billion potential revenue relinquished by the State Government.

While also revealing that multiple payment channels for the collection of the LUC have also been created by the Ministry to further ease the mode of payment including the use of online channels, Olowo maintained that the downward review and reforms of the Land Use Charge (LUC) shows that Governor Babajide Sanwo-Olu is concerned about ameliorating the financial pressure on Lagosians, especially during this pandemic.

According to him “In 2018, there was an increase in the Land Use Charge rate as well as the method of valuation of property; this twin shock had a sporadic increase in Land Use Charge payable by property owners. However, the present administration decided to review the Land Use Charge (LUC) law by reversing the rate of Land Use Charge to pre-2018 while upholding the 2018 method of valuation”.

“Some of the new reforms introduced include exemption of property owned and occupied by a pensioner from paying LUC, reduction in the percentage increase in penalties for defaults in paying LUC in the following categories: 45-75 days from 25% to 10%, 75-105 days from 50% to 20% and 105-135 days from 100% to 50%”, he stated.

The Commissioner also announced a 48% reduction in the Annual Charge Rates, just as the annual rate for Agricultural land was reduced from 0.076% to 0.01% which represents an 87% reduction from the old rate.

He added that the right of enforcement has been reduced from notification of three default notices to two, but that profit-oriented libraries, cemeteries and burial grounds are no longer exempted from payment of Land Use Charge, among several other reforms.

Olowo further explained that an additional 10% COVID-19 incentive, as well as a 15% early payment discount, has been introduced to increase the total discount for early payment to 25% before the due date while he urged all property owners in the State to leverage on the discount and pay their LUC bills which will soon be distributed.

Giving assurance that response time after payments will not exceed 24hrs, Olowo urged anyone who feels dissatisfied or whose complaint results in a dispute to please contact the Lagos State Appeal Tribunal at their Head Office at Plot 3, Otunba Jobi Fele Way, Alausa CBD.

The Commissioner expressed his appreciation to Lagosians who have been committed to the payment of their annual LUC in spite of the challenges posed by COVID-19 pandemic, stating that the payment of LUC is not intended to inflict any hardship on anyone because everyone is a stakeholder in the journey towards achieving a Greater Lagos.

https://lagosstate.gov.ng/blog/2020/08/05/lasg-reviews-land-use-charge-rates/

5 Likes

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by money121(m): 10:51am On Aug 06, 2020
Sakamaje tongue tongue

3 Likes 1 Share

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by YorubaKinging: 10:51am On Aug 06, 2020
The end is near

Since last year , I've been warning the south west about an inbound catastrophe..

Neither prayer nor fasting can change it

We are at the beginning of the end

No wishful thinking or pretence can change it

And it's the judgement of the sinners

3 Likes

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Adesam02: 10:52am On Aug 06, 2020
Alright
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by visibleguy: 10:52am On Aug 06, 2020
That's really commendable. Kudos to Lagos State government.

12 Likes 4 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by anambraamaka: 10:52am On Aug 06, 2020
Noted
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by GamalNasser: 10:52am On Aug 06, 2020
Very good ..The high rates started making property ownership especially in highbrow areas of Lagos look like a mistake

6 Likes 3 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Fonyeri(m): 10:52am On Aug 06, 2020
Good
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Luckydubby7(m): 10:52am On Aug 06, 2020
Nothing is happening in this present administration in lagos. Is it because of coro.
Past administrations tried small compared to this one.

1 Like

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by 9jatriot(m): 10:53am On Aug 06, 2020
Although a lot of people hate to admit it, this was one of the undoing of Ambode.
The second was he allowed Lagos to start getting really dirty again.

19 Likes 4 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Horlalek(m): 10:53am On Aug 06, 2020
nice one coming from d people's governor

6 Likes 3 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Aderewah: 10:53am On Aug 06, 2020
Partial reason Ambode was booted out.

12 Likes 4 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Nobody: 10:53am On Aug 06, 2020
God bless Gov. Sanwo-Olu
God bless Lagos State
God bless Federal Republic of Nigeria

6 Likes 3 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Nobody: 10:53am On Aug 06, 2020
Regardless of the crazies, I love Lagos
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by chukwuibuipob: 10:54am On Aug 06, 2020
sad Those THIEVES will still post/send u outrageous bill..They can only reduce it if u waka go their office to complain.
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by ajepako(f): 10:54am On Aug 06, 2020
Lasgidi

Nothing spoil
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by tolumizzy(m): 10:54am On Aug 06, 2020
Chill Pepsi pls
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Queenlovely(f): 10:54am On Aug 06, 2020
good news
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by lagosrd: 10:55am On Aug 06, 2020
9jatriot:
Although a lot of people hate to admit it, this was one of the undoing of Ambode.
The second was he allowed Lagos to start getting really dirty again.

Your submission has no basis especially when you support former drug addicts over people with clean bill. You're supporting a good governor that refused to allow party elders to misbehave with the state fund. Is Lagos cleaner now after ambode?

4 Likes

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by MANNABBQGRILLS: 10:56am On Aug 06, 2020
Olowo further explained that an additional 10% COVID-19 incentive, as well as a 15% early payment discount, has been introduced to increase the total discount for early payment to 25% before the due date while he urged all property owners in the State to leverage on the discount and pay their LUC bills which will soon be distributed.
This makes load of sense to the sensible.

3 Likes 2 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by DigitB: 10:56am On Aug 06, 2020
Space booked
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by GamalNasser: 10:56am On Aug 06, 2020
9jatriot:
Although a lot of people hate to admit it, this was one of the undoing of Ambode.
The second was he allowed Lagos to start getting really dirty again.

How did he make Lagos dirty ? Ambodes put together a great sanitation plan for Lagos with the cleaner Lagos initiative but was sabotaged by paid saboteurs who kept dumping trash in the middle of the road deliberately in order to derail the initiative ....Lets stop deceiving ourselves !!!! Ambodes only undoing was that he fell out of favour with Tinubu

7 Likes 2 Shares

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by magicminister: 10:56am On Aug 06, 2020
Can we all agree that Sanwo-olu is the worst governor since tinubu?

2 Likes

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by wunmi590(m): 10:57am On Aug 06, 2020
undecided


Lagos my Lagos, I know what they just did now, theres another area the people will pay for it

1 Like 1 Share

Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by Abbeyme: 10:57am On Aug 06, 2020
Good one
Re: Lagos State Reviews Land Use Charge To Pre-2018 Rates by tot(f): 10:59am On Aug 06, 2020
Good one. This is what most governments around the world are doing, putting in temporary measures to allay the financial situation due to covid.

Federal government, hope you are taking notes!

2 Likes

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