Saturday 25 March 2017

15?% Discount Risk on land defaulters

Lagos gives ultimatum on Land Use Charge payment

26/03/2017 5:40
PHOTO: Jumia Travel
Defaulters Risk 15 Percent Discounts, Accrued Penalties The Lagos State Government, yesterday, gave landed property owners till April 14 to pay the state Land Use Charge, or they risk losing the benefit of enjoying 15 per cent discount for paying the levy.
The Director, Public Affairs, Ministry of Finance, Mrs. Modupe Ileyemi, in a statement, said the state government is keen on early payment of the land-use charge to ensure the state continues to excel and its citizens enjoy the laudable programmes of the present administration.
Ileyemi, in a statement, said it is important to note that late payment or non-payment of the Charge on an annual basis will attract accrued penalties and accumulation of arrears, which is why prompt payment is strongly advised.
She said: “The Land Use charge is a consolidation of all 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. The revenue accrued from this charge is used for infrastructural development in the state.”.

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