Tuesday, March 13, 2018 05.02PM / Nigeria Employers' Consultative
There is a common saying that “seeing is believing”. It is in this light that we are sharing with members of the public the mathematical facts and truths and the new Land Use Charge of Lagos State.
The Mathematical Facts And Truths
2. The Lagos State Government increased the assessed market value of the property from N106,758,000.00 in 2017 to N762,762,600.00 in 2018, an increase of over 600 percent.
The facts as presented above are not unique to this organization but representative of the various demand notices that the Lagos State Government has sent out to residents of Lagos. As a Business Membership Organization, we have in our records the demand notices that have been received by not less than one hundred companies in Lagos State, indicating an increase of not less than 500 percent of the rate paid in 2017.
The alleged 40 percent discount of market value by Government is not true as per the above Land Use Charge demand notice. It may interest the public to note that it is not automatic but subject to the discretion of Government.
The Illogicality Of Some Government’s Reasons For Land Use Charge Increase
3. Figures in demand notices are based on several years of arrears: As seen in the demand notices above and many other demand notices in our record, most property owners are not indebted to the Lagos State Government as regards payment of 2017 Land Use Charge. Thus, the 2018 figures as shown above are strictly for 2018.
As we stated at various fora, the new Land Use Charge is punitive with potential to incapacitate businesses and further impoverish residents.
We, Nigeria Employers' Consultative Association (NECA) request the Lagos State Government to retrace its steps in the implementation of this obnoxious law. We are open to discuss with the Government on this vexatious issue, with the view of reaching an amicable solution that will be acceptable to businesses and residents of Lagos State.
Larry Ettah Olusegun Oshinowo
President Director General