Salient Provisions in the Land Use Charge Law 2020

The Land Use Charge reform is considered very necessary to resolve the concerns of Lagosians and reduce the financial burden on citizens as it relates to Land Use and the cost implications. This is consequent to the development in 2018, where there was an increase in Land Use Charge rates as well as the method of valuation of properties. This dual shock had an erratic increase in Land Use Charge payable by property owners and drastically affected the process of Land Use activities. Hence, the most recent downward review is viewed as a welcome and most satisfactory development. Continue read>>>>SAILENT PROVISIONS IN THE LAND USE CHARGE LAW 2020