₦airaland Forum

nairavsdollars:
confused idiot still wearing Jewish rag. The person who brainwashed you into wearing the rag has fled and is enjoying his life in Ghana

You nailed it

Jakumo:
Read the certificate. It says HONORARY citizenship, which is NOT legal US citizenship, but is rather a ceremonial title with no legal weight whatsoever, meaning that the Nigerian citizen holding that certificate CANNOT apply for a US passport.

No one is disputing that. It is still a honour irrespective of the perception. The Honour allows some benefits, like if he presents to some embassies, he can be granted visit or business visas, where it may be hard for others.

Lizilicious:
U don grieve finish?
Abi u wan go BBNaija house go finish am

Alex must be touched and finished

why not sugary? only sultry? Mtcheeew

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iTOOknow:
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Photos at the last page of this thread.

Which page is the last?

MrMcJay:
Fair enough.

Nice!

Yes it is.

We're trying to create the awareness. This our moderators self. If it's BBNaija that's very irrelevant, such topics can make the home page 10 times in one day

SUPERPACK:
delop______

Stale. Don't laugh at the dead

Africa and poverty

MrMcJay:
If I am dissatisfied but the value placed on my property by the government-contracted valuer, am I at liberty to engage a registered Valuer to re-value the property?

If not? Both the valuer and the LASG would be dragged before the Land Use Charge Assessment and Appeal Tribunal and the registered Valuer I engaged would present his valuation to the court in furtherance of my case.

The law allows for self assessment. Don't even wait for Government. Get a registered valuer on Monday to do the valuation for you, thereafter write a letter to Ministry of Finance then pay your LUC.

Government is valuing, you also can engage a valuer, so we can have two valuations to work with.

Both valuations must be objective
Mynd44, Seun your houses will also be valued beginning from next week. So be prepared

Makawhizzy:
Was that not how they valued one duplex in ikeja at half a million Naira

Well I don't know if that's true. But if it is true, then it is an issue. What these Valuations aims to correct is the incorrect values of properties.

Some properties were under valued already, whilst some are over valued. So it's a case of 'ehich side do you belong to.

Our work is to correct the errors, by ascribing actual values on all properties in Lagos.

If your property before was overvalued, we would correct it.

If your property before was undervalued, we would also correct it.

I trust Nigerians

Makawhizzy:
Will the government pay the value of my house if it's above market value so I should just collect the money and pack out for them and build in mowe axis

You're contradicting yourself. What do you mean by a value is above market value?
What is value? What is market value? You obviously don't understand.

Valuation is to determine the market value. Market value means a value determined based on market evidence.

Once that is determined it will serve as a basis to arrive at the assessed value.

You're right

See how the enumerators would appear

So as not to forget the focus.

The valuation starts next week

Field officers would be going around the state in branded LASG vests and caps

They're are to capture data and do the valuation of your property free of liabilities from you.

All we solicit for is your cooperation

The exercise is for your own good, so there wouldn't be over valuation of your property

They're not civil servants but are working in the private sector like you and I

There not entering into to apartment or house, all they have to do is external details and measurement.

Time for inspection is 8:00am to 5:00pm Mondays to Friday for the next 6 months

We solicit your support

Attached image shows what should be made available

Moderators Seun, Mynd44, Mukina2 lalasticlala should help in creating this awareness

God bless us all

Dear all.
Trust your Saturday is coming up well.

Recall that I created a topic couple of weeks back to educate people on what the Land Use Charge is and what it is not. If you missed it, please check this link https://www.nairaland.com/4378494/land-use-charge-lagos-state

We thank the moderators that moved to the homepage and lot of people read it, including some of the LASG officials. Some comments were positive, whilst some were not too nice. It is not unexpected, as people have the right to express themselves.

As a listen Governor, the H.E Ambode has acceded to some of the demands of the people, with the pronouncements made on Thursday 15th March, 2018 where the government granted further reliefs to home owners in Lagos State.

I have created this thread to speak on the valuation of all properties in Lagos, in order for proper assessment to be done and not based on estimate or over valuation.

The new reliefs

commercial property owners (Houses rented out to only tenants and Landlord does not stay there) the rate applicable on the assessed value in the 2018 LLUC is 0.76%. Now reduced by 50% to 0.38%

property occupied by owner and third party(Landlord and tenant staying together in the same compound)
and property used for industrial and manufacturing purposes (Your factory, warehouses etc) the rate applicable on the assessed value in the 2018 LLUC is 0.256%. Now reduced by 25% to 0.192%

Owner occupied property(Only Landlord staying in the house and no tenant) the rate applicable on the assessed value in the 2018 LLUC is 0.076%. Now reduced by 15% to 0.0646%

Why is the valuation important?
The valuation all properties in the state is very very necessary. It is important to have for home owners and the state government. The valuation is like a meter. Before you get charged, your energy consumption must be known to you and the electricity distribution company and you the consumer.

Instead of using any value for your property, the government has now agreed that all properties be valued by Professional Estate Surveyors and Valuers. Not local agents, but Registered Estate Surveyors and valuers certified by Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON).

The government would be responsible for the valuers, hence the home owners are not to pay the valuers a dime.
Note also, that there are valuers working for Lagos State government in the valuation office, however in order to be independent, the Lagos State government is not using internal valuers so that people would not accuse them of being biased. It is the professionals practising outside Government that would do the valuation.

The ministry of justice have lawyers under their employ, but when they have matters in court against anyone private lawyers like Rotimi Jacobs, Festus Keyamo, Mike Ezekhome, Barrister Ahamba etc are some of the lawyers that represent the government. See the case of Government vs Saraki. Rotimi Jacobs that's a private lawyer represented the MOJ at the CCT.

Valuers who are not under Government have been engaged to do the valuation. They're the popular names you already know.

After valuation what next?
After the valuation of all properties, the assessed values would be determined and the applicable rate would then be used to determine the Land Use charge for that calendar year.

The new rates are as follows
0.38% for a house that the owner doesnt stay there but collecting rents from tenants
0.192% for a house being occupied by landlord and tenants
0.0646% for a property being occupied by only the land lord.

See worked example below
Let's say a 3bedroom flat at LSDPC Dolphin Estate Ikoyi has just been valued at N25 million by the Estate Surveyor and Valuer and it is the owner that's staying in the house, see how much the owner would pay

Market Value - Relief= Assessed value * applicable rate = LUC for year 2018
25,000,000 - 13,750,000= 11,250,000* 0.0646%= N7,268 as LUC for year 2018.
See how the relief was calculated

Reliefs
1. 40% automatic relief on Market value
2. 10% for 25 years old Flat in the estate.
3. 5% for owner living in the house for more than 12 years

Total reliefs is 55% of Market value

In conclusion, you can now see that when you engage the professional valuer, everything would be well done.

God bless Nigeria
God bless Africa
Itesiwaju ilu Eko, lo je wa logun

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makavele:
you can do 1v 200Ah * 24 if you so desire . . as long as the multiplication leads to 24V or your desired voltage

So I go have 24 batteries ABI and turn my house to alaba market ABI?

kiekie1:
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I currently have 2* 300watts mono Auxino . Can I combine your 250watts with auxino?

kiekie1:
Hello Good morning,
It depends on the back up time needed ! If you must go for 12v inverter system , I have more rugged specs which will serve you real good.

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Is this brand better than the Pray pure sine wave I intend to purchase from you?

Dmercifu and other chiefs.

Can I do 6V 200Ah *4 to get 24v after my acquisition of the prag 2kva 24v inverter?

kiekie1:
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Prag inverter 1kva 12v ......N65,000
Prag √√√√√ 1.2kva 12v....N70,000
Prag √√√√√ 2kva 24v.......N88,000
Prag √√√√√ 1.5kva 24v....N98,000

Prag Solar inverter 1.5kva 24v....N125,000
Prag inverter 3kva 24v ....N
Prag solar inverter 3kva 24v...N
Prag inverter 5kva 48v ....

Prag 4kva 24v wall H ......N225,000
Prag 6.5kva 48v wall H....

PRAG servo & relay stabilizers ;

-Prag 3kva relay B(95-280v)..N
-Prag 3kva relay E(95-280v)..N
-Prag 10kva servo ..N103,000
-Prag 12kva servo...N
-Prag 15kva relay(95-280v)...N110,000
-Prag 15kva(45-280v)..N125,000
-Prag 20kva relay (95-280v)..N145,000
-Prag 20kva relay(45-280v)PB...N
-Prag 20kva relay Y..N130,000
-Prag 20kva servo(80-260v) ...N
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Chief, someone recommended you to me

I hope I'll get warranty from you on the Prag 2kva 24v.

Want you to send to my office tomorrow

emeijeh:
This life sha!




See how they were shinning their teeth, thinking they were in love.


And why is the guy tearing his shirt as if he is hulk hogan?

https://gifrific.com/wp-content/uploads/2012/06/michael-jordan-laugh.gif

cos he's an idiot

Uberalles:
Thanks I can see now that my property has been evaluated as a residential property (without owner in residence) which is .76% instead of .076% of property value. Which makes a big difference between something that is reasonable and something that is excessive.

I agree with others that have commented that most landlords will transfer these costs to tennants which is rather unfortunate

.Additionally I seriously doubt their valuation of the property because if that is the market value . Then I am ready to sell and invest in a worth while venture.

I am one of the Valuers, be rest assured of a professional job

Uberalles:
Many thanks for your informative piece. I have a few questions.

After the 40% relief from the N10,000,000 property. How do you arrive at N 15000 for the N6,000,000 being accessed ?


Is there any difference if it's owner occupier or a third party staying on the property?

Most people like being responsible citizens if the tax is something that they can pay and the process is transparent.

In fact for a N6MILLION assessed value, you're to pay N4500 per annum. Chicken change

There are applicable rates, which are

The Annual Charge Rate to be applied to eligible property in Lagos State shall be as follows:

1.Owner-occupied residential property–0.076% per annum of the assessed property value

2.Owner-occupied pensioner’s property–Exempted from LUC

3.Lagos State Government property–Exempted from LUC

4.Industrial premises of manufacturing concerns–0.256% per annum of the assessed property value

5.Residential property (owner and third party–0.256% per annum of the assessed property value

6.Residential property (without owner in residence)–0.76% per annum of the assessed property value

7.Commercial property (used by occupier for business purposes)–0.76% per annum of the assessed property value

Thread of BBnaija appearing multiple times on home page

TONY56:
Can you please furnish me with the relevant laws where it is expressly mentioned that Ground rents on C.of O should no longer be paid so that I can use it as my defence.
I really don't mind please if you will need some time to dig into this before you can give me a reply.
Thanks

Ground rent is ground rent and if you pay your land use charge annually, then your ground rent is covered. Have you ever been billed LUC and tenement rate on same property?

If you want to sell a property, the evidence of payment of LUC should be given to the new buyer, so he's charged arrears of ground rent during registration

TONY56:
Are you saying that Lagos State Government no longer collect Annual Ground rent in respect of the C.of O issued on lands on Lagos again?

That's how it's supposed to be

linearity:
Are these reliefs aka deductions cumulative?

i.e. if am disabled living in my resident built for than 25 year ago for the past 12 years.....do I get a discount of:

(40+ 10 + 10 + 5)% and assessed just on 35% of the value of the house?

Yes please.

You can even qualify for all, till you have zero naira to pay..

greggng:
You were making sense until you got to the point on how the property tax would be used. Is it fair to collect property tax for properties along a street in agege and you left their road unattended to, no gov't presence . And you now use the money to develop other part of same agege. Is like robbing Peter to pay Paul. Such is against law of natural justice. That money should be within the responsibility of the local gov't since they know the need of their locality. A strict measure have to be in place to monitor the lga for accountability sake. I could confront the state gov't but they will end up telling me they are building fly over at agege, meanwhile the road leading to my house cannot be passed. We wanna see that fund reflect on the street it was collected

Most LGAS do nothing aside paying salaries.
It is better with the State government, who will redistribute.

Ikoyi
Lekki
VI
Ikate, Ajah
Ikeja
Magodo
Ogudu
Would have the highest, but should the Government keep presence in only these areas? No. The wealth should be redistributed

RexTramadol1:
Make brain....... But make Lasg give me job, I go proclaim ds good news reach anywia say Dem must pay tax o




Buh bfr den........ M going to keep facing front.

Don't worry, you shall be considered

shadeyinka:
You have written an over optimistic thesis on tax especially with Lagos in perspective and to a large extent, I agree with you except that I am angry with us as a nation.

Why?

1. Our tax administration record is zero!
No one can feel what our collective money (not just tax) is used for.
2. Embezzlement and Corruption by Tax administrators (Governors, LG Chairmen etc). It is appallingly

It seems tax sensitization and enforcement is just for giving thoses thieves more of our money to enrich themselves.

I came out of the streets of Italy one Night (about 4 am) and I saw city cleaning at its peak. Refuse disposal, street sweeping, washing...I was impressed. No wonder, everywhere is clean.

Unless we settle these two issues. It is a sad exploitative endevour

I agree with you. But I can assure you that the H.E means well, and will be accountable for the monies.

The man means very well for Lagosians