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Home Business News

Lagosians protest as Land Use Charge notices surface online

Fikayo Owoeye by Fikayo Owoeye
March 14, 2018
in Business News, Politics
LUC Protest

LUC Protest

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The dust generated by the recently reviewed  Land Use charge is yet to settle as Members of the Ikeja branch of the Nigerian Bar Association joined by other civil society groups staged a protest over the reviewed land use charge.

A cross-section of protesters voicing their discontent about Lagos State’s Land Use Charge

The protesters led by their chairman, Adesina Ogunlana marched to the Governor’s Office in Alausa, Ikeja, the state capital, carrying a banner and various placards with inscriptions lamenting over the law.

Meanwhile, there have been reports of arbitrary charges by the Lagos State Government as copies of the Land Use notices went viral on social media. In one of the notices, a residential house in Omole Estate phase 1 was valued at ₦589.3 million which makes the payable Land Use Charge at over ₦4 million.

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I keep saying that the desperation the LASG is showing with this it's revenue drive with reckless abandon shows a government that does not deserve to be in office. Look at the Land Use Charge a house in Omole 1 was slammed. pic.twitter.com/sFNr4CYbUP

— Tunde Leye (@tundeleye) March 13, 2018

Another resident also lamented that arbitrary charge by the Lagos State government wondering how the government arrived at such inflated charges.

Nope. That's the date on all the bills I've seen so far. For example pic.twitter.com/YaIfNULC2P

— Tunde Leye (@tundeleye) March 13, 2018

According to the government, residential houses will be charged 0.076% multiply by the relief vaulue-40% off the property value, while houses for commercial use will pay 0.76% of the relief value and the owner-occupied plus commercial buildings will pay 0.256% of the relief value.

Using what the LASG shared in this infograph, it means that they assessed the house at 0.76% and that the house is worth 589.3Million Naira. In Omole. I said maybe the house is a huge mansion so I decided to check using Google Street View. pic.twitter.com/Jw9FyBaNR7

— Tunde Leye (@tundeleye) March 13, 2018

The State Governor has however assured that a positive position to ameliorate issues raised by stakeholders on the new land use charge will be out by next week noting that the increment was all in a bid to protect the future and create permanent prosperity.


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Tags: Lagos land use chargeLagos State Government
Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

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