As part of Lagos State measures to cushion the effect of global economic challenges caused by spread of coronavirus, the Government has concluded plans to reverse Land Use Charge (LUC) fee to the pre-2018 era, so as to ease renewal process for property owners.
It added that the decision to reverse to pre-2018 era was after reviewing the increase in fee and realized the need to accommodate agitations of Lagosians and reduce the financial pressure on citizens.
The commissioner for finance, Dr. Rabiu Olowo, who gave the hint at the year 2020 Ministerial Briefing marking the first year anniversary of Governor Babajide Sanwo-Olu in office held at the JJT Park, Alausa, Ikeja on Wednesday, stated that the pre-2018 charges which will soon come into effect will reflect current realities to reduce the burden on citizens.
“The reform also considered a flexible land use charge payments and efficient customer service management in other to ensure prompt issue resolution,” the commissioner added.
He said the intention of the government is to keep economic activities in the state going, without necessarily causing any untold hardship that will further aggravate the present financial hardship confronting all sectors of the state’s economy.
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