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Tag Archives: LASG

Lagos State Lands bureau recorded N10.19billion loss in 2017

Land Bureau

The Lagos State Lands Bureau performance dropped in revenue generation by N10.19 billion accruing from land transaction in 2017, representing a 50 percent fall in land revenue. In 2016, the Lands Bureau recorded an all-time high in revenue generation from land transaction as it hit N20.77 billion, but this was half into two in 2017 as it generated N10.579 billion, ...

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LASG set to strengthen infrastructure on waterways

LASG

The Lagos State government (LASG) has disclosed that it will continue to strengthen the infrastructural system along the State waterways to meet the emerging challenges of the coastal region and harness its full potentials for socio-economic development. The State Commissioner for Waterfront, Dr. Babatunde Adejare stated this at the at the ongoing Y2018 Ministerial Press Briefing held at Bagauda Kaltho, ...

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LUC: UNILAG recommends rental not capital-based property assessment

LUC

The Department of Estate Management in the Faculty of Environmental Sciences, University of Lagos (UNILAG) has volunteered to assist the Lagos State Government to enthrone sustainable Land Use Charge  (LUC) Administration to resolve the current impasse. This is in line with what the Vice-Chancellor of the University, Professor Oluwatoyin Ogundipe described as desirable engagement between Town and Gown. Bennett Oghifo ...

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LASG forbids conversion of residential buildings to religious centers

Lagos

Lagos State Government on Monday accused some property owners of converting their residential buildings into religious centres in order to avoid paying the Land Use Charge (LUC). The state’s Commissioner for Home Affairs, Dr. Abdulhakeem Abdullateef who stated this at the annual Ministerial Press Briefing to mark the third year in office of Governor Ambode’s administration warned those indulging in ...

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Real estate properties will continue to rise in Nigeria – Experts

real estate

Amidst the lip service being paid by the government on provision of affordable houses, stakeholders have argued that property prices in real estate may continue to escalate due to rising cost of construction materials. This might be worsened by the Land Use Charge (LUC) law made by Lagos State government, which other states may in no distant time start to ...

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LASG mobilises contractors with N5.6 billion for 181 road projects

Lagos

The Lagos State Government on Wednesday said it had mobilised contractors with N5.6 billion to begin construction of 181 roads. Mr. Ade Akinsanya, the state Commissioner for Works and Infrastructure, made this known at the Government House, Alausa, at the 2018 Ministerial Press Briefing to mark three years in office of Gov. Akinwunmi Ambode. Akinsanya said that the sum represented ...

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Doctor calls out CCECC over failure to pay medical bills of their staff member

CCECC called out by doctor over failure to pay medical bills

The Medical Director of Best Medical Centre Limited in Ketu-Ijanikin, Doctor, Martins Udobi, is crying for justice over what he called “unfair treatment” by CCECC, a Chinese construction firm. Udobi said the firm brought one of its staff that was almost disabled due to a severe accident suffered during active engagement with the company, claiming that after successfully treating the ...

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Stakeholders at public hearing demands total reversal of LUCL

LUCL

Stakeholders said Lagos state government has no justification for the increment of land use charge (LUCL) as the economy is biting hard on the masses Fitzgerald Umah, the chairman, Nigerian Institute of Architects urged the government to repeal the Land use charge law (LUCL) to help Lagosians in view of the hardship they were facing Umah said increasing the tax ...

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LASG promises to tackle $50bn infrastructure deficit with the proceeds of land use charge

LASG to tackle 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 ...

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