Since February 19, 2018, when the Lagos State Governor, Mr. Akinwunmi Ambode flagged off the payment of Land Use Charge, Lagosians, according to This Day, have begun to make their payments at the banks.
The Lagos State Land Use Charge (LUC) is payable annually by property and building owners in Lagos State. It is a consolidation of ground rent, tenement rate, and neighborhood improvement levy. Following the introduction of electronic payment for all forms of revenue remittance which brings an end to the cash payment in the state, residents of Lagos can now use the e-payment, making it easier to pay anywhere and anytime.
This development will help Lagos State boost its Internally Generated Revenue (IGR) and block all financial leakages in ministries and parastatals which will, in turn, enable the government discharge her responsibilities.
Some properties, however, are exempted from the operation of the law such as properties used for public, religious and charitable activities, properties occupied and owned by pensioners of 60 years and above, public cemeteries and burial ground and all palaces of recognized Obas and chiefs in the state.
Adapted from This Day
