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Lagos State Government's Explanation Of Land Use Charge - Properties (2) - Nairaland

Nairaland Forum / Nairaland / General / Properties / Lagos State Government's Explanation Of Land Use Charge (18816 Views)

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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Re: Lagos State Government's Explanation Of Land Use Charge by sweerychick(f): 1:20pm On Mar 09, 2018
Doesn't make any sense to me at all?/!

No 1 at this harsh economic times, this would lead to increase in rents and other costs

No. 2 it would discourage investors

No. 3 it would affect the real estate market as you can see a lot of people are going into the real estate sector

No. Contrary to government speculation of it increasing the revenue in Lagos, it will lead to massive decline in revenue as many average citizens can't afford living in Lagos

My verdict! the government should reconsider this decision as it's not investment and peoples friendly.

For all those fools thinking that this decision is a way of keeping other tribes in check, let me remind you that Lagos is what it is today because of its population, if you introduce this law it will have an adverse effect on Lagos economy

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by Man2utd(m): 1:21pm On Mar 09, 2018
The problem with our government is insensitivity.
Re: Lagos State Government's Explanation Of Land Use Charge by scarletkinq(m): 1:21pm On Mar 09, 2018
Things like this are only done where there are basic and social amenities and lives with properties are secured ...any one who doesn't know by now that the leaders do not want peace, prosperity,and ppl progress for this country is a dimwitted retard
Re: Lagos State Government's Explanation Of Land Use Charge by knowhowk: 1:21pm On Mar 09, 2018
Can someone help to explain ,what if the value of the property is only about 3 million ,do we have to calculate it by 0.076% ?
Re: Lagos State Government's Explanation Of Land Use Charge by CofOLandOfPeace(m): 1:22pm On Mar 09, 2018
ALCOHOLKILLS:
let them increase house rent too, if you can't cope with Lagos. you relocate to other state according to afonja cheesy grin
This will likely be the trickle down effect.

2 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by Johnson5258: 1:24pm On Mar 09, 2018
Fantastic!

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by wellmax(m): 1:25pm On Mar 09, 2018
Good one from LASG.

People should stop spreading rumors of 400% increase.

If you are a landlord, the rates are cool.

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by PearlStreet(m): 1:25pm On Mar 09, 2018
Articul8:
They for collect for cemetery now.
The dead too can pay per annum.

If the dead could be appointed by Buhari, Buhari should also go and collect taxes from the dead.
Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 1:27pm On Mar 09, 2018
The scam is on the valuation...

4 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by agarawu23(m): 1:30pm On Mar 09, 2018
Is like this ambode wan chop swear angry

So because the landlord is not living in the house means that he is rich and has other houses that's why he will pay higher?

Well, the law will take place in big man area first before e reach our own ghetto cos most people hear wont pay. He should come and break our house angry

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by egopersonified(f): 1:31pm On Mar 09, 2018
yes, we know the formula, but the trick is to over value the property first before deducting 40%

2 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by Shooga27: 1:32pm On Mar 09, 2018
Ambode The Evil genius behind 20years of looting Lagos dry,it all started with the pioneer Tinubu,Fashola another Fraud a legal luminary turned Engineer overnight,shameless lots,God will continue to expose you lots as you remain adamant to inconvenient Lagosians.

Re: Lagos State Government's Explanation Of Land Use Charge by RexTramadol1: 1:33pm On Mar 09, 2018
Hmmm that middle one scared shii outta me




91,200




I com see commercial only...... And so what?




Ambo behave and don't sign that thing



Tell the HOA to face front oo
Re: Lagos State Government's Explanation Of Land Use Charge by DJInfluence: 1:35pm On Mar 09, 2018
igbodefender:
This may lead to increase in rents within the recession era. The timing of this law is not right.

Ambode should watch out for people who will whisper policies to him that would make the masses stop seeing him as their defender.

It will also lead to increase in the number of churches as well. Imagine someone that does not want to pay will just convert his frontage to church. grin grin

2 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by mybestlove(m): 1:38pm On Mar 09, 2018
UNIQUEISRAEL:
Bravo!!! cheesy grin

An average Nigerian is naturally GREEDY, we always on the receiving end(we call on the government to build roads, clear gutters and sweep the dirty streets and house corners, RUBBISH!!!), and that's why Nigeria is still underdeveloped!
Go to other develop countries, you pay charges on each car, house you have! That's why an average citizen of those countries, have only one house or car, not that they lack money in acquiring more, but the advances in charge which is tantamount to liability cost!!
cry cry

We Must Grow! embarassed

Ambode, fire on, do your best! grin
And those your developed countries provide social services to taxpayers. A place like Nigeria where every family is a local government of it's own is what you compare with developed countries.

Don't be surprised to see that Ambode's private wealth has quadrupled since he came to office. You people always make this mistake of copying developed countries sheepishly. Mind you that no government water pipes entered any of these houses you're taxing. We're still very very far to arrive at this. Nigeria is a joke.

9 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by Crystasluvee(m): 1:44pm On Mar 09, 2018
You buy land for 20million , u Level cuz waterlogged area with 7million, u build better structure of flats for there with amounts to 10million. 37million in total.
U get 37million to build u no get simple cash to pay annually as LUC


U still rent each 3bedroom 800,000 per year. Agent fee 80,000, agreement 80000, utility fee and damages 40,000. U dey collect such money and to pay government way owe the land be problem.

Even those way no get shop go follow show say here no be American or USA. Yet u dey pray to go there.

Na bad thing if oyinbo queue for naija embassy for our visa to come lag?

Waka up naija.

This is why we voted and will continue to vote for good governance irrespective of party. Ambode tuale

2 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by Proudlyngwa(m): 1:47pm On Mar 09, 2018
This is really very cheap, what are people complaining for.

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by 1miccza: 1:49pm On Mar 09, 2018
Crystasluvee:
You buy land for 20million , u Level cuz waterlogged area with 7million, u build better structure of flats for there with amounts to 10million. 37million in total.
U get 37million to build u no get simple cash to pay annually as LUC


U still rent each 3bedroom 800,000 per year. Agent fee 80,000, agreement 80000, utility fee and damages 40,000. U dey collect such money and to pay government way owe the land be problem.

Even those way no get shop go follow show say here no be American or USA. Yet u dey pray to go there.

Na bad thing if oyinbo queue for naija embassy for our visa to come lag?

Waka up naija.

This is why we voted and will continue to vote for good governance irrespective of party. Ambode tuale



Guy go through that calculation again make you reason am well abeg.
Re: Lagos State Government's Explanation Of Land Use Charge by Idris222: 1:50pm On Mar 09, 2018
Sa dan karate Ambode Lagos morning will go up by 800%
Re: Lagos State Government's Explanation Of Land Use Charge by makazona(m): 1:51pm On Mar 09, 2018
domack99:
All they need to do is to jack up the evaluation, quote a price you can't even sell your property

my thoughts exactly. in the example given, 20m was used as estimated value. what if in real life the valuer says its 90m?

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by zarakikenpa(m): 1:51pm On Mar 09, 2018
UNIQUEISRAEL:
Bravo!!! cheesy grin

An average Nigerian is naturally GREEDY, we always on the receiving end(we call on the government to build roads, clear gutters and sweep the dirty streets and house corners, RUBBISH!!!), and that's why Nigeria is still underdeveloped!
Go to other develop countries, you pay charges on each car, house you have! That's why an average citizen of those countries, have only one house or car, not that they lack money in acquiring more, but the advances in charge which is tantamount to liability cost!!
cry cry

We Must Grow! embarassed

Ambode, fire on, do your best! grin

Valid points raised, the question is will the generated revenue be put to judicious use for benefit of the citizens?
Re: Lagos State Government's Explanation Of Land Use Charge by 1miccza: 1:51pm On Mar 09, 2018
There are loopholes that can be exploited by smart lagosians and they will end up losing.
Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 1:51pm On Mar 09, 2018
DJInfluence:


It will also lead to increase in the number of churches as well. Imagine someone that does not want to pay will just convert his frontage to church. grin grin

Smart dude.

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by erico2k2(m): 1:54pm On Mar 09, 2018
UNIQUEISRAEL:
Bravo!!! cheesy grin

An average Nigerian is naturally GREEDY, we always on the receiving end(we call on the government to build roads, clear gutters and sweep the dirty streets and house corners, RUBBISH!!!), and that's why Nigeria is still underdeveloped!
Go to other develop countries, you pay charges on each car, house you have! That's why an average citizen of those countries, have only one house or car, not that they lack money in acquiring more, but the advances in charge which is tantamount to liability cost!!
cry cry

We Must Grow! embarassed

Ambode, fire on, do your best! grin
your talk is the reason we are backward, who says we don't pay in Nigeria?
if you check these fees are paid by tenants not landlord plus, you will need to do your research well B4 speaking like this.
Yesterday someone told me there was too many tax to pay in the UK compared to the rest of the west, I asked him to name just three taxes he knew he went mute.
We pay way too much tax as it is with nothing to show for it The govt is taking us all for a ride.

2 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by Efewestern: 1:56pm On Mar 09, 2018
UNIQUEISRAEL:
Bravo!!! cheesy grin

An average Nigerian is naturally GREEDY, we always on the receiving end(we call on the government to build roads, clear gutters and sweep the dirty streets and house corners, RUBBISH!!!), and that's why Nigeria is still underdeveloped!
Go to other develop countries, you pay charges on each car, house you have! That's why an average citizen of those countries, have only one house or car, not that they lack money in acquiring more, but the advances in charge which is tantamount to liability cost!!
cry cry

We Must Grow! embarassed

Ambode, fire on, do your best! grin

all the money the state have been generating what have they done with it?, does it not end in tinubu pocket?, the state is fast loosing it.

Nigerians don't mind paying tax, but the issue is that some of these corrupt leaders keep looting our scarce resources, my sympathy to logosians, they are in for a big ride.

1 Like 1 Share

Re: Lagos State Government's Explanation Of Land Use Charge by Hemanwel(m): 1:57pm On Mar 09, 2018
Faraidi:
This Lagos Government is gradually pushing people back to their state of origin. Time will come when they will be Begging for people to come back and live in Lagos.
You have a valid point here. Check out the Lagos state government's policies lately, they are seriously bent on pushing people back to their state of origin.

3 Likes

Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 2:08pm On Mar 09, 2018
Great news along with the vaids program. No taxes , no development.

Ambode is on the right track , if you can't pay move back to your village, Lagos is too congested anyway.

Other parts of Nigeria need to develop similarly.

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by gbegemaster(m): 2:12pm On Mar 09, 2018
UNIQUEISRAEL:
Bravo!!! cheesy grin

An average Nigerian is naturally GREEDY, we always on the receiving end(we call on the government to build roads, clear gutters and sweep the dirty streets and house corners, RUBBISH!!!), and that's why Nigeria is still underdeveloped!
Go to other develop countries, you pay charges on each car, house you have! That's why an average citizen of those countries, have only one house or car, not that they lack money in acquiring more, but the advances in charge which is tantamount to liability cost!!
cry cry

We Must Grow! embarassed

Ambode, fire on, do your best! grin
Are you aware that citizens of Nigeria actually provide their own power, security, water, and fix their roads? I know people who got together and funded the road construction to their houses. So what are we on the receiving end of? Is there anything ordinary or extra that the government is doing that we are benefiting from?

Truthfully, whenever I read comment like yours I just feel that the person is either a squatter with friends or still lives in their parents house. Coming here to talk about advanced countries when you've not even left your local government.

2 Likes 1 Share

Re: Lagos State Government's Explanation Of Land Use Charge by omoiyamayor(m): 2:16pm On Mar 09, 2018
igbodefender:
This may lead to increase in rents within the recession era. The timing of this law is not right.

Ambode should watch out for people who will whisper policies to him that would make the masses stop seeing him as their defender.
any way to send people packing for village .strategic indeed

1 Like

Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 2:20pm On Mar 09, 2018
omoiyamayor:
any way to send people packing for village .strategic indeed

The timing of the law us not right. Its implementation if signed should be suspended until Nigeria is out of the economic danger zone. In fact, Governor Ambode should refuse to sign it for this reason.

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