Home News Lagos govt launches Land Use Charge payment campaign

Lagos govt launches Land Use Charge payment campaign

by Alice Babalola

The Lagos State Government has unveiled a new campaign to promote the payment of the Land Use Charge (LUC) across the state, engaging 500 ad-hoc staff for public awareness.

At the campaign’s launch, Lagos State Commissioner for Finance, Mr. Abayomi Oluyomi, urged property owners to pay their LUC to support development initiatives.

The “Operation Payers Activation” campaign began in Lagos Island, Iru Victoria Island, and Eti-Osa areas.

Oluyomi emphasized that the LUC is essential for increasing the state’s Internally Generated Revenue (IGR), crucial for funding significant infrastructural projects.

He highlighted that the 2024 budget plans expenditures of approximately N2.2 trillion, with nearly 70% of the IGR funding the state’s budget.

The campaign, designed to ensure compliance and drive development, will run daily across all councils for one month, with legal actions threatened against non-compliant property owners.

During the campaign, the commissioner and staff distributed reminder bills to properties, offering a 15% discount to encourage prompt payment.

Special Adviser on Taxation and Revenue, Abdul-Kabir Ogungbo, and Permanent Secretary of the Ministry of Finance, Mr. Temitope Hundogan, also called for cooperation from property owners, noting that the current administration favors incentives over penalties for compliance.

Related Articles

Leave a Comment