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Tag Archives: land use charge law

LUCL Controversy and the Raging Storm

LUCL

On 28 January 2018, the Lagos State House of Assembly passed the Land Use Charge Law 2018 to repeal and replace the Land Use Charge Law 2001. In this article, Lekan Olofinji reports and reviews the aftermath of the LCCI organized forum for the Government and private sector on the issue of the Land Use Charge. Since the repeal and ...

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Effects of the Land Use Charge Law on Lagosians

effects of land use charge law

On March 25, the Lagos State Government gave landed property owners till April 14 to pay the state Land Use Charge, or risk losing the benefit of enjoying 15 per cent discount for paying the levy. This article discusses the effects of the land use charge law on Lagosians. Conceptually, Nigeria’s economic potential is well recognized as probably the biggest ...

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No Going Back On Land Use Charge Law – Oshiomhole

No Going Back On Land Use Charge Law-- Oshiomhole

At the presentation of the report carried out on the Edo state revenue generating reforms carried out by former chairman of the Federal Inland Revenue service. Governor Oshiomhole who immediately signed the report seized the opportunity to clear the air on the land use charge law. Governor Oshiomhole noted that the target of the Land Use Charge Law is not ...

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Should Property Tax Be Fully Implemented In Nigeria?

Property tax

In 2001, the Lagos State Government promulgated the Land Use Charge law in response to the increasing demand for provision of urban and rural infrastructures occasioned by dwindling federal revenue allocations. 14 years later the land use charge law is still not widely accepted. Majority of Lagosians don’t even see the justification or the rationale for its promulgation, a lot ...

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Land use charge “FAQ’S”

The Lagos state land use charge law was instituted on 22nd June, 2001 to replace the old tenement rate. The land use charge is designed to help the government generate additional revenue needed to develop the state in the light of increasing demand for provision of urban and rural infrastructures and other expenditure while a population that grows at an ...

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