News & Events

JUN 2020 NEWS AFAM IKEAKANAM, OGHOGHO MAKINDE AND OLAGOKE KUYE

The Lagos State government has announced its plans to revert to the pre-2018 land use charge rate. This was announced by the Commissioner for Finance, Dr. Rabiu Olowo, at the 2020 Ministerial Briefing marking the first-year anniversary of the Babajide Sanwo-Olu led administration.

The Land Use Charge Law, which consolidated all property and land-based charges in Lagos State, took effect from 2018 and repealed the Land Use Charge Law 2001, Land Rates Law and the Neighbourhood Improvement Charge Law, and introduced new charges which had received negative reactions from the public and property owners.

The rationale to revert to the pre-2018 land use charge assessment is aimed at reducing the financial pressure on citizens as it relates to land use charge.