Pdf the land use charge law of lagos state was enacted in year. Akinwunmi ambode 2nd right, filling his land use charge payment form at guaranty trust bank, opebi, ikeja, on monday, february 19, 2018. The main objective of this law, as has been proffered repeatedly by the lagos state government, is to generate additional revenue needed to develop. If the computations of the revised lagos state land use charge luc act 2018 are anything to go by, the controversy trailing it may not be unwarranted. According to the state government, commercial fee charge is reduced by 50 percent, while owner occupier. The joint outcome of the rapid pursuit for property, rising demand for provision of urban and rural infrastructures, and the dwindling federal revenue allocations seemed to have influenced the lagos state government to enact the land use charge law. Since the land use charge law 2018 was passed into law, social media has been agog with commentary. Lagos land use charge law 2018, a constitutional aberration.
Pdf administration of land use charge in lagos state. Overview the luc law repeals and replaces the land use charge. The federal government has some landed property in each state but overall all of the land in each state belongs to the state government. The lagos state government on thursday announced a major reduction in the new rates payable by property owners under the lagos state land use charge luc law. Lagos state land use charge law 2018a house built upon. Things you need to know frequently asked questionsland use charge law of 2018. What it is and what its not part 1 march 2018 14373 views see the full details of lagos state govt. Land use charge law 2018, of lagos state lawnigeria. Nigeria march 2018 international property tax institute. The lagos state house of assembly, on monday, the 29th of january 2018, passed the land use charge law, 2018 lucl. The charge had encountered severe criticism, with several residents of the state complaining about receiving bills. How controversial is the new land use charge law in lagos.
Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about land use charge from nigeria and the world on today. Overview the luc law repeals and replaces the land use. The lagos state land use charge luc has become a consolidation of all property and landbased rates and charges payable under lands rates, neighbourhood improvement charge and tenement rates. The latter is to enable property owners and affected occupiers take the option of enjoying the discounts available for the prompt and early payment of luc invoices. The lucl, 2018 replaces the land use charge law, no. As lagos reduces land use charge the guardian nigeria news. Forgive me if i am not excited about the governors subsequent announcement on the reduction of the land use charge. The lsg also extended the period for the payment of all annual land use charge luc demand notices for 2018, to saturday, april 14 th, 2018. On 28 january 2018, the lagos state house of assembly passedthe land use charge law 2018 to repeal and replace the land use charge law 2001. Things you need to know frequently asked questions 1. The lucl 2018, applies to real and landed property in lagos state, and consolidates all property and landbased ratescharges into a single. The lagos state land use charge luc is a consolidation of all property and land based rates and charges payable under lands rates, neighborhood improvement charge and tenement rates laws of.
Lagos state government announces changes to the land use. Proland use charge a4 lagos state ministry of finance. Land use charge just another lagos state government site. The lagos state government has reduced its land use charge. Mar 15, 2018 the lagos state government has announced the reduction of the land use charge. An analysis of the lagos state land use charge law 2018. Land use charge features of robust property tax solution. The land use charge law of lagos state was enacted in year 2001 with a view to increasing the states internally generated revenue as a result of the dwindling federal government allocations and. The public outcry that greeted the lagos state government new land use charge luc is quite understandable. The new land use charge law came into effect following the assent given to the land use charge bill 2017 the bill.
The az of new lagos land use charge city people magazine. The table below shows the categories of properties, the old rate and the new rate. Lagos reduces land use charge rates, waives penalty for late. Introduction to the lagos state land use charge law, 20181 on january 28, 2018, the lagos state house of assembly passed the land use charge law lucl, 2018, with the aim of increasing the revenue generation base of the state. On 29th january 2018, the lagos state house of assembly passed a law to provide for the consolidation of property and land based charges and make provisions for the levying and collection of land use charge in lagos state. Nairaland forum nairaland general properties land use charge in lagos state. The state government a few hours ago, announced that it has resolved to reduce the land use fee. Pdf administration of land use charge in lagos state, nigeria.
On monday, february 5, 2018, a new legislation on land charge, the land use charge law 2018 the new land use charge law, was passed and became effective in lagos state. As lagos reduces land use charge the guardian nigeria. On 29 th january 2018, the lagos state house of assembly has passed a law to provide for the consolidation of property and land based charges and make provisions for the levying and collection of land use charge in lagos state. Mar 28, 2018 on monday, february 5, 2018, a new legislation on land charge, the land use charge law 2018 the new land use charge law, was passed and became effective in lagos state. Lagos state releases details of reduced land use charge. Lagos state land use charge act 2018 an uncalled for.
The lucl 2018, applies to real and landed property in lagos state, and consolidates all property and landbased ratescharges into a single property charge. Pursuant to this, section 35 of the lucl repealed the land use charge law ch. Strategic response to the new lagos land use charge law. Mar 15, 2018 the lagos state government has just announced the figures of the recently reduced land use charge. Kenneth erikume introduction since the land use charge law 2018 was passed into law, social media has been agog with commentary. The land use charge law of lagos state lucl or the law was enacted in 2001 to regulate this change. Lagos is a port which originated on islands separated by creeks, such as lagos island, fringing the southwest mouth of lagos lagoon while protected from the atlantic ocean by barrier islands and long sand spits such as bar beach. The lagos land use charge controversy the sun nigeria. The new land use charge law came into effect following the assent given to the land use charge bill 2017 the bill by his excellency, mr. Lagos govt reduces land use charge channels television. Land use charge lagos nigeria all land in lagos nigeria and everywhere else in nigeria belongs to the government. Apr 10, 2018 by virtue of section 42, 3, 5 of the constitution, the lagos state land use charge law 2018 is inconsistent with the capital gain tax act and land use act that were validly made by the. Lagos state government reduces the controversial land use. Criticisms trail new lagos land use charge law daily trust.
The lagos state government recently repealed its land use charge law lucl 2001, replacing it with a new land use charge law, 2018. It has become one of the most topical issues and other issues such as the champions league and big brother africa have taken a back seat. Nigeria real estate hub latest news in nigeria real. The land use charge luc was introduced by lagos state in 2001 as a replacement of neighborhood improvement charges, tenement rates and ground rent. Mar 16, 2018 lagos state government announces changes to the land use charge law standard by deloitte march 16, 2018 no comments the lagos state government lasg has announced revisions to provisions of the land use charge law 2018 luc law. Download 2018 land use charge law lagos state tax matters. Details of the newly revised rates revealed in 2001, the lagos state government passed the landuse charge law whichconsolidated and replaced allthe state and local governmenttaxes payable on property in lagos state. Following the announcement of the reenacted land use charge law lucl 2018 of lagos state, the coalition of real estate investors and surveyors in lagos state has revealed that after its thorough analysis of the lucl 2018, ownersoccupiers are expected to pay a token percentage of 0. The lagos government had recently repealed its 2001 land use charge law and replaced it with a new land use charge law, 2018, which was signed on feb. Robust property tax software for collecting property tax, land use charge, land charge revenue and tenement rates. The reenacted lagos state land use charge law that has replaced the one enacted in 2001, has been greeted with public outcry because of misunderstanding of its provisions. Land use charge low 2018 for under the provisions of this law and listed as a bank that may collect on behalf of the governinent any land use charge payable.
The lagos state government recently repealed its 2001 land use charge law, and replaced it with a new land use charge law, 2018. Efcc recovered properties to rescue fcta huge expenses on rents. A critique of the land use charge law of lagos state 2018. Under its legislative provisions, the land rates law makes provisions for levying development charges, ground rents, premium and other. Doc land use charge law of lagos state, 2018 amanroyal.
The new lucl, with the governors assent, will replace the extant land use charge law, no. Lagos reduces land use charge rates, waives penalty for. On 29th january 2018, the lagos state house of assembly passed a law to provide for the consolidation of property and land based. The increase, which was considered astronomical, came at a wrong time.
In 2001, the lagos state government passed the landuse charge law whichconsolidated and replaced allthe state and local governmenttaxes payable on property in lagos state. According to the land use charge website, a 5% increase in mile rate for lagos state land use charge became effective as of january 1 st 2012. Basic facts about lagos land use charge vanguard news. The lagos state land use charge law, 2018 lucl is a law enacted to consolidate all property and land based charges levied in lagos state.
The payable charge is always calculated in percentage of the value of the property. This law is otherwise known as the land use charge law of lagos. Things you need to know frequently asked questions land use charge law of 2018. Land use charge luc is a lagos state property tax backed by the land use charge law of 2018.
On 29th january 2018, the lagos state house of assembly has passed a law to provide for the consolidation of property and land based charges and make. Stakeholders divided over reduced lagos land use charge. According to the provision of section 4 1 e of the fct act, the fcda is charged with the responsibility of the coordination of the activities of all ministries, departments, and agencies of the government of the federation. Land use charge news latest breaking stories and top. As the newly introduced lagos land use charge luc had continued to generate reactions, the state government yesterday said it had engaged over 100. Mar 20, 2018 lagos has been in the proverbial eye of storm ever since it commenced distribution of demand notices for the payment of land use charge for 2018. Lagos state government reduces land use charge bellanaija.
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