Categories: News

Lagos Reduces Land Use Charge

Governor Akinwunmi Ambode of Lagos State has reduced the Land Use Charge.

The state government had jacked up the charges payable by 400% as enabled by the Land Use Charge Law of 2018.

Sequel to the reduction, therefore, commercial fee charge has been reduced by 50 percent, while owner-occupier third-party fee was reduced by 25 percent and the owner-occupier fee charge is down by 15 percent.

The decision was taken at the Executive Council Meeting held on Thursday (today) at the State House.

The state government had clarified the figures on the rate for the newly reviewed Land Use Charge Law of 2018.

The state government said though the law setting up the Land Use Charge stipulated increment every five years, the various administrations in the state had not done so, and that the Ambode administration’s attempt was the first in 15 years to increase the charge payable by Lagos landed property owners.

Commissioner for Information and Strategy, Mr. Kehinde Bamigbetan, made the clarification to newsmen.

Recent Posts

Policeman Crushes Woman To Death In Nasarawa

A Police officer, attached to the Nasarawa State Police Command has allegedly crushed a 35…

1 hour ago

2027 Election A “Battle Between APC,  Nigerians” – Makinde

Governor Seyi Makinde of Oyo State has declared that the 2027 elections will be a…

3 hours ago

UTME: Court Convicts ‘Professor’ Who Attempted To Help Daughter

One ‘Professor’ Jide Josiah Jisos has been sentenced to six months by a Chief Magistrate…

7 hours ago

Man Allegedly Kills Ex-Wife During Dispute

A man, Muftau Adefalu, has been arrested by the Ogun State Police for allegedly killing…

7 hours ago

Nigerians Blast Tinubu Over Lopsided Appointment Of Security Heads

The regional distribution of Nigeria's security agency heads under President Bola Tinubu's administration has sparked…

9 hours ago

Man Shoots Youth Dead For Playing Football Near His House

A 70-year-old man, Stephen Irobunda has allegedly killed a young man, Bright Odizuru for playing…

9 hours ago

This website uses cookies.