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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We are aware of the controversy generated by the revised Land Use Charge Law – Ambode
Governor Akinwunmi Ambode of Lagos State says his administration is not oblivious of the controversy generated by the revised Land Use Charge Law, and is ready to dialogue to resolve the issues going forward. He spoke on Tuesday at the “Lagos State means Business” forum, where he held a parley with business owners in the state. The revised law has ...
Read More »Highlights of the Lagos Land Use Charge Law Amendment Bill 2018
Lagos State has enacted a new Land Use Charge Law In 2001, the Lagos State government passed the Land Use Charge Law which consolidated and replaced all the state and local government taxes payable on property in Lagos State. On 28 January 2018, the Lagos State House of Assembly passed the Land Use Charge Law 2018 to repeal and replace ...
Read More »Effects of the Land Use Charge Law on Lagosians
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 ...
Read More »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 ...
Read More »Should Property Tax Be Fully Implemented In Nigeria?
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 ...
Read More »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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