Public Hearing for Amendment of Land Use Charge holds

 

·        Boasts highest attendance in the history of the Lagos State House of Assembly

·        Not affected by the walk-out of members of the Ikeja NBA

 

The public hearing on the proposed amendment to the 2018 Land Use Charge Law held today at the Lagos State House of Assembly. Interest in the Land Use Charge legislation has been very high ever since the uproar generated when a few weeks ago, the government began distributing demand notices in line with the 2018 version of the Land Use Charge. Some members of the public were surprised at the new Land Use Charge tariffs charged, sequel to the new law. In response to the uproar generated, the Lagos State Government proposed a number of drastic amendments to the law including tariff cuts across board. It is these amendments among others that are now being considered by the parliament.

 

Commissioner for Finance, Mr. Akinyemi Ashade (2nd right); his counterpart for Information and Strategy, Mr. Kehinde Bamigbetan (right); Attorney General & Commissioner for Justice, Mr. Adeniji Kazeem (2nd left) and Special Adviser to the Lagos State Governor on Lagos Global, Prof. Ademola Abass (left) during the media briefing on the reduction of the Land Use Charge at the Bagauda Kaltho Press Centre, the Secretariat, Alausa, Ikeja, on Thursday, March 15, 2018.

…Grants 50% Reduction On Commercial Charges, 25% For Owner-Occupier, Manufacturing Concerns

… Gives Tax Credit For Payment Already Made, Introduces Instalment Payment Plan

 

Following extensive deliberations with stakeholders on the new rates payable by property owners under the Lagos State Land Use Charge (LUC) Law, the State Government on Thursday announced a major reduction in the rates and as well waived the penalty for late payments across board.

A BILL FOR

A LAW TO REPEAL THE LAND USE CHARGE LAW, 2001 AND ENACT THE LAND USE CHARGE LAW, 2017 TO PROVIDE FOR THE CONSOLIDATION OF PROPERTY AND LAND BASED RATES AND CHARGES PAYABLE UNDER THE LAND RATES LAW, THE NEIGHBOURHOOD IMPROVEMENT CHARGE LAW AND TENEMENT RATES LAW IN LAGOS STATE INTO A NEW LAND BASED CHARGE, TO BE CALLED LAND USE CHARGE, TO MAKE PROVISION FOR THE LEVYING AND COLLECTION OF THE CHARGE AND FOR CONNECTED PURPOSES.

THE LAGOS STATE HOUSE OF ASSEMBLY enacts as follow:

Interpretation. 1. In this Law –

“Annual Charge Rate” means the percentage of the assessed value of the property over a period of twelve months;

“Assessment Appeal Tribunal” or Tribunal means the Assessment Appeal Tribunal establishment under section 12 of this law;

 

Lagos State has begun the distribution of the 2018 Land Use Charge demand notices for properties across the state. The distribution which commenced last week ought to have been carried out much earlier in the year, but was delayed by a review of the Land Use Charge Act by the State House of Assembly. The review process entailed a repeal of the old law, public hearings and enactment of a replacement by the House of Assembly on January 28, before it was signed into law on February 8.

Transportation is the pivot around which the wheel of every modern economy revolves. The efficiency with which people, goods and services can move from one point to the other largely determines the quality of life of the society.

With over 5 million cars and 200,000 commercial vehicles on the roads (when the national average is 11 vehicles per kilometer), Lagos daily records an average of 227 vehicles per every kilometer of road. This makes it imperative for the state government to vigorously pursue scientific transportation management; hence the creation of Lagos State Motor Vehicle Administration Agency (MVAA) as an autonomous statutory body, charged with the responsibility of developing a sustainable policy on motor vehicle documentation and other related matters.

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