The Lagos State government yesterday approved payment of over N1.4 billion as compensation for affected property owners on the alignment/right of way for construction and re-construction of dilapidated roads, flyover and ramps aimed at alleviating traffic gridlock in parts of the metropolis. The approval, the state said, was to improve the economic lives of affected property owners. Appreciating the gesture, the ...
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LUC: The new Law amendment and highlights of Changes from the Previous Legal Regime
LAND USE CHARGE AMENDMENT LAW (LUC) Written by Olayinka Alao Introduction The Lagos State Land Use Charge is a consolidation of all property and land based rates and charges erstwhile payable under land rates, neighborhood improvement charge and tenement rates laws of Lagos State. The Land Use Charge (LUC) as the name implies is a novel imposition on the owner ...
Read More »LASG promises to tackle $50bn infrastructure deficit with the proceeds of land use charge
The Lagos State Government on Tuesday said that it would channel proceeds of its new Land Use Charge (LUC) to tackle $50 billion infrastructure deficit within the next five years. Mr Akinyemi Ashade, the state Commissioner for Finance and Special Adviser to the Governor on Taxation and Revenue, said this at an interactive session with journalists in Alausa, Ikeja. He ...
Read More »How to deal with Omo-Onile wahala
Land grabbers popularly known in the south-west Geographical region of Nigeria as Omo-Oniles or Ajagungbaale in some quarters have become a menace to prospecting landlords and homeowners over the years. The troubles that emanate from the stables of omo-Oniles especially in Lagos and Ogun states can be life-threatening a times if care is not taken, little wonder Lagos state passed ...
Read More »LASG shuts down more houses, arrests several others over illegal development
The Lagos State Building Control Agency, LASBCA, at the weekend shutdown eight more houses at Ebute Metta and Surulere areas of the state for illegal development of buildings. The agency also arrested nine people found on site during the enforcement exercise carried out in collaboration with task force officials. Last week, LABSCA had shutdown a Redeemed Christian Church of God, ...
Read More »Lagos State seals RCCG over illegal development of structure
The officials of the Lagos State Building Control Agency, (LASBCA), have sealed the zonal headquarters of the Redeemed Christian Church of God (RCCG), under construction in Ajegunle, a hotel in Ikeja and 6 other buildings over illegal development of structures and for breaking government seal. The operation was led by the General Manager, LASBCA, Engr. Olalekan Shodeinde. Officials of the ...
Read More »Court orders forfeiture of N28.5m property belonging to Lagos director
A federal high court sitting in Lagos has ordered the final forfeiture of N28.5 million belonging to Anifowoshe Alade, a director in Lagos state civil service.. Alade is the director of accounts at the state’s Ministry of Public Works Corporation. Rilwan Aikawa, the presiding judge, also ordered the forfeiture of a number of houses and a piece of land belonging ...
Read More »Lagos state approved N320 billion for infrastructure in 2017
It was disclosed on Monday that Lagos State approved and duly processed over 1,000 contracts under the 2017 fiscal regime, noting that the contracts were valued at about N320 billion. The state government also said it had started removing structures built on the right of way along the Oshodi-Apapa road to give way for the reconstruction of the 5.06-kilometre road ...
Read More »3,000 houses marked for demolition to pave way for standard railway line
No fewer than 3,000 houses and offices have been marked for demolition between Lagos and Ibadan to pave way for ongoing construction of standard gauge railway line from Lagos to Ibadan. LEADERSHIP checks show that some of the properties marked for demolition in Lagos include; Railway Stations owned by Nigerian Railway Corporation (NRC) in Lagos, portion of Nigeria Army Barracks ...
Read More »FRSC boss announces that traffic offender’s fine will soon be increased
The Corps Marshal of the Federal Road Safety Commission (FRSC), Dr. Boboye Oyeyemi, has said that fines payable by traffic offenders may be increased this year, noting that the penalty stipulated by the law is rather low. He also revealed that a total of 4,410 Nigerians lost their lives in 7,937 road crashes in 2017, while 23, 392 victims were ...
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