Connect with us

News

Lagos Land Use Charge Against Democratic Ideals – LCCI Boss

Published

on

Sanctions to defaulters under the Reviewed Land Use Charge Law of Lagos are too severe and not in tandem with democratic ideals.

The President of Lagos Chamber of Commerce and Industry, Mr. Babatunde Ruwase, made the observation in Lagos on Friday during a stakeholders’ forum on Lagos Land Use Charge Law, 2018.

He said that while the chamber would not encourage or support any form of infractions of the law, the sanctions must be proportional and fair.

The News Agency of Nigeria reports that the Land Use Charge law stipulates a 25 per cent increase in charge if payment is not made between 45 and 75 days.

It also prescribed a 50 per cent increase after 105 days and a 100 per cent increase if payment is not made between 75 and 105 days.

The law further prescribed that a property shall be liable to enforcement if payment is not made after 135 days of notice.

“There would be instances where the citizens are willing to pay but just do not have the capacity to pay, given the state of the economy.

“The Nigerian economy is only just gradually recovering from recession. Many companies are yet to return to profitability.

“Industrial capacity utilisation has declined, purchasing power is still very weak, occupancy rate in many commercial and residential properties are still very low.

“All of these have adversely impacted the returns on investment in property market and points to the fact that current market value of property may not necessarily reflect the rental income for the property,” Ruwase said.

He said that only 300,000 property were paying the charge, while 700, 000 property were identified for tax payment.

According to him, emphasis should be on getting more property into the tax net, rather than imposing additional burden on those currently on the database.

He urged government to explore the platform presented by VAIDS to capture more property owners into the net.

Ruwase suggested that implementation of the law be suspended, while the grey areas should be sorted out in the interest of fairness, equity and natural justice.

According to him, there is no evidence to show that adequate dissemination of information to critical stakeholders had been done; noting that the conditions stipulated for law review occurred before its implementation.

He said that stakeholders were concerned that assessed value used for computation of the law was high and difficult to justify.

According to him, the business community appreciates government’s efforts in investing in infrastructure and security and businesses are willing and ready to pay their tax.

He appealed to the government to create a tax environment that would be fair, equitable, inclusive, transparent and investment friendly.

Lagos State Commissioner for Finance, Mr. Akinyemi Ashade, said the law was aimed at entrenching a regime of self assessment that would allow property owners to make their own calculation and know their rate with the help of professional valuers.

Ashade said various reliefs had been made available to payers, including a general 40 per cent relief for all property liable to LUC payment.

According to him, property of N10m and below constitute 75 per cent of property owners in the state and are expected to pay N5,000 per annum as land use charge.

Ashade said the new law also established an Assessment Appeal Tribunal which authorises the adoption of Alternative Dispute Resolution in resolving disputes concerning LUC, provided the appeal was lodged within 30 days after the receipt of the notice.

(NAN)

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Ex-Cross River Gov Donald Duke Joins ADC

Published

on

By

Former Governor of Cross River State, Donald Duke, has resigned from the Peoples Democratic Party (PDP), formally pitching his tent with the African Democratic Congress (ADC).

Duke registered as an ADC member in Ward 5 of Calabar Municipality, where he collected his party membership card, marking his official entry into the opposition party.

His move comes amid recent internal concerns within the ADC in Cross River State. Former ADC governorship candidate, Dr Effiong Nyong, had written to the party’s National Chairman, protesting the inclusion of some individuals from the state in the ADC’s 50 Wise Men and Women Policy Manifesto Committee.

Nyong faulted a statement by the ADC National Publicity Secretary, Mallam Bolaji Abdullahi, which listed persons who, according to him, neither resigned from the PDP nor made contributions to the ADC, calling for their removal.

Political observers believe Duke’s swift formal registration may be linked to the controversy, as the former governor had earlier been named among prominent figures associated with the party.

Recall that Duke previously left the PDP for the Social Democratic Party (SDP), where he emerged as the party’s presidential candidate under controversial circumstances.

Meanwhile, ADC leaders in Bakassi Local Government Area have intensified calls on Cross Riverians to identify with the party, describing it as a credible alternative ahead of future elections.

Rising from a stakeholders’ meeting involving chapter executives, ward chairmen, and secretaries, party leaders accused the ruling All Progressives Congress (APC) of misrule and urged Nigerians to reclaim the country.

In a statement signed by the Bakassi Chapter Chairman, Emmanuel Asuquo, and Secretary, Eko Boco, the party reaffirmed its loyalty to the ADC national leadership, pledging support for the National Chairman, Senator David Mark, and National Secretary, Ogbeni Rauf Aregbesola, while urging undecided citizens to join the party’s “transformative agenda.”

Continue Reading

News

Police Nab Suspect Behind Dummy Bomb Threat to Lagos Schools

Published

on

By

The Lagos State Police Command has arrested a 25-year-old man over alleged fake bomb threat messages to two private schools in Ikeja Government Reserved Area (GRA).

The suspect was tracked and arrested on January 24 in the Okota area of Lagos State following digital investigations.

According to the sources, the suspect allegedly sent WhatsApp messages threatening a fire explosion to the Human Resources Manager of AVI–CEENA School and the Chief Security Officer of Grange School, both located in Ikeja GRA.

Although the messages were sent from an unknown phone number, police said digital tracking led to the identification and arrest of the suspect, identified as Kosisochukwu Chukwuekenyem Ogbumuo.

The suspect is currently in police custody and will be charged to court on conclusion of investigations.

Police said inquiries are ongoing to determine the motive behind the threats and whether other individuals were involved.

The Lagos State Police Command reassured parents, school authorities and residents of Ikeja GRA of its commitment to maintaining security and preventing panic or disruption within the education sector.

Continue Reading

News

Court Nullifies PDP National Convention Held in Ibadan

Published

on

By

The Federal High Court in Ibadan has nullified the Peoples Democratic Party (PDP) National Convention held on November 15, 2025, in Ibadan, Oyo State. The court also barred Turaki and others from presenting themselves as national officers of the party.

Despite internal disputes, the PDP went ahead with its highly anticipated two-day 2025 Elective National Convention at Lekan Salami Stadium, Adamasingba, Ibadan. Tagged #Ibadan2025, the convention drew thousands of party delegates and leaders.

The convention was expected to elect a new National Working Committee (NWC), including a National Chairman, who would steer the party ahead of the 2027 general elections. The court’s ruling casts uncertainty over the legitimacy of the leadership and raises questions about the party’s preparations for the next electoral cycle.

Party members and legal experts are now awaiting further clarification on the implications of the judgement for the PDP’s national leadership structure.

Continue Reading

Trending