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General News of Wednesday, 5 August 2020

Source: Punchng

BREAKING: Lagos revokes 2018 land use charge

Babajide Sanwo-Olu, Lagos State governor Babajide Sanwo-Olu, Lagos State governor

Lagos State Government has revoked the 2018 land use charge.

This was announced by the Lagos Commissioner for Finance, Dr. Rabiu Olowo, at a press briefing on Wednesday.

Olowo said the government reverted to pre-2018 land use charges.

He said the land use charges for 2017, 2018, and 2019 have also been waived.

“As you are aware in 2018, there was an increase in Land Use Charge rate as well as the method of valuation of properties, this Twin shock had a sporadic increase in Land Use Charge payable by property owners. In view of the aforementioned, the current administration decided to review the Land Use Charge law by reversing the rate of Land Use Charge to pre-2018 while upholding the 2018 method of valuation.

“The reform also considered multiple Land Use Charge payment channels and efficient customer service management by setting up a call centre (0700 LAGOS LUC) in other to ensure prompt issue resolution,” he said.