{"id":12309,"date":"2020-08-06T13:37:14","date_gmt":"2020-08-06T12:37:14","guid":{"rendered":"https:\/\/www.propertypro.ng\/blog\/?p=12309"},"modified":"2020-08-06T13:37:14","modified_gmt":"2020-08-06T12:37:14","slug":"lagos-cancels-2018-land-use-charge","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/lagos-cancels-2018-land-use-charge\/","title":{"rendered":"Lagos Cancels 2018 Land Use Charge"},"content":{"rendered":"<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">This was disclosed by the Lagos Commissioner for Finance, Dr Rabiu Olowo, on Wednesday. According to him, the government reverted to pre-2018 land use charges.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">He said,\u00a0<em>\u201cThe penalties for land use charges for 2017, 2018, and 2019 have also been waived, which translates to a loss of revenue amounting to N5.6billion.<\/em><\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">\u201cIn 2018, there was an increase in the Land Use Charge rate as well as the method of valuation of properties, this shock had a sporadic increase in Land Use Charge payable by property owners. In view of the aforementioned, the current administration decided to review the Land Use Charge law by reversing the rate of Land Use Charge to pre-2018 while upholding the 2018 method of valuation.<\/span><\/p>\n<div class=\"code-block code-block-16 ai-viewport-1\">\n<div align=\"center\"><\/div>\n<\/div>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">\u201cThe reform also considered multiple Land Use Charge payment channels and efficient customer service management by setting up a call centre in other to ensure prompt issue resolution.\u201d<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\"><strong>Source: Nairametrics<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was disclosed by the Lagos Commissioner for Finance, Dr Rabiu Olowo, on Wednesday. According to him, the government reverted to pre-2018 land use charges. He said,\u00a0\u201cThe penalties for land use charges for 2017, 2018, and 2019 have also been waived, which translates to a loss of revenue amounting to N5.6billion. \u201cIn 2018, there was &hellip;<\/p>\n","protected":false},"author":31,"featured_media":12310,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[17,3724,37,32],"tags":[609,2414,433,4006,4015],"class_list":["post-12309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-lagos-tales","category-news","category-real-estate-news","tag-affordable-properties-in-lagos","tag-lagos-land-use-charge-2018","tag-lagos-state-government","tag-land-use-charge","tag-revenue-loss"],"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/12309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=12309"}],"version-history":[{"count":1,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/12309\/revisions"}],"predecessor-version":[{"id":12311,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/12309\/revisions\/12311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/12310"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=12309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=12309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=12309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}