Lagos state government revokes 2018 land use charge

-


Lagos state government has cancelled 2018 land use charges.

 

The state Commissioner for Finance, Rabiu Olowo, announced this at a press briefing which was held today, August 5. He said the government is also reverting to pre-2018 land use charges. Olowo added that the state government has decided to waive the land use charges for 2017, 2018, and 2019 which is totalled at N5.6 billion.

 

Recall that in 2018, the immediate past governor of the state, Akinwumi Ambode, increased the charge on a property solely occupied by the owner for residential purposes to 0.076 per cent per annum from 0.0394 per cent. The rate for an investment property fully occupied by tenants or a third party increased from 0.394 per cent per annum to 0.76 per cent. However, after many residents opposed the increment, the rate for commercial properties was reduced by 50 per cent and 25 per cent for owner-occupiers.

 

Today, the state government said the state will be reverting to the old land use charges before Ambode increases them.

Comments

Post a Comment

Thank you for comment, please continue to read up our stories

Popular posts from this blog

President Buhari and former President Goodluck Jonathan in closed door meeting (photos)

-
Image
  President Buhari had a closed-door meeting with former President Goodluck Jonathan, at the statehouse, Abuja on Tuesday, August 18.   The reason for the meeting is yet to be disclosed. It is however believed it was about the ongoing mediation in the political crisis in Mali.   The Economic Community of West African States (ECOWAS) appointed the former president to head the political reconciliation in Mali where there is leadership tussle.   See more photos below  
Read more

Hushpuppi not released yet, says US lawyer

-
Image
Gal Pissetzky, the legal representative of suspected Internet fraudster, Ramon Abass, aka Hushpuppi, has said the suspect is on his way to California, United States of America, for trial. He told The PUNCH on Wednesday night that Hushpuppi had not been released as being speculated in some quarters. Pissetzky, a Chicago lawyer, also noted that he was still his lawyer. “He has not been released and I am still his lawyer. He is on his way to California. Not everything you see on court documents is accurate. “Just because the jail record says ‘released’ does not mean he has been released. He is being transferred to California,” he told the PUNCH correspondent on the phone. Hushpuppi is facing trial for alleged Internet fraud.
Read more

Man Accused Of Using Coronavirus Relief Funds To Buy $318k Lamborghini

-
Image
A Florida man has been accused of fraudulently obtaining nearly $4 million from the Paycheck Protection Program and using part of the money to buy a $318,000 Lamborghini. The man, David T. Hines, 29, of Miami, was arrested Friday July 24 and charged with one count of bank fraud, one count of making false statements to a financial institution and one count of engaging in transactions in unlawful proceeds, the Department of Justice said in a news release. Federal agents seized the car, valued at $318,000, and $3.4 million from his bank accounts when he was arrested, the Justice Department said. The criminal complaint against Hines was unsealed on Monday July 27, upon his initial appearance before U.S. Chief Magistrate Judge John J. O’Sullivan in the Southern District of Florida. The complaint alleges that Hines sought approximately $13.5 million in PPP loans through applications on behalf of several companies, the DOJ news release said. According to the complaint, Hines submitted fraudul...
Read more

WURLD RELEASES VIDEO OF HIS SONG TITLE - WAYO (KPE LE WU)

-
Image
The popular Nigeria Singer/Songwriter for ‘Wayo (Kpe Le Wu)’ Following the release of “Wayo” off his EP Afrosoul, Nigerian singer-songwriter WurlD releases the visuals for the buzzing song. The singer continues to keep fans on their toes, pleasantly, with consistent music releases. He constantly showcases his unique ability to fuse soulful sounds, African pop, distinct songwriting and vocal prowess. With “Wayo”, WurlD shows off his exciting vocal finesse and innate musicality that has brought him early critical acclaim on the global scene. The petrol blue-haired maverick continues to define himself as one of the trendsetting artists rising out of Africa right now.
Read more

POSSIBLE SUICIDE ATTEMPT - TAMAR BRAXTON FOUND UNCONSCIOUS RUSHED TO THE HOSPITAL

-
Image
Singer Tamar Braxton has been rushed to hospital unresponsive after reports of heramid reports of a possible suicide attempt. Toni Braxton was rushed to hospital by ambulance after she was found unresponsive by her boyfriend David Adefeso at the Ritz Carlton Residences in downtown Los Angeles, it’s reported. David called 911 and said he believed it may have been a suicide attempt, according to The Blast. A representative for Braxton told The Blast: “Tamar has had a very tough and emotional day — more information will be coming in the next few days.
Read more

Russian powerlifter breaks both knees as attempt to squat 400kg goes horribly wrong in terrifying video

-
Image
  The Russian powerlifting champion fractured both of his knees while attempting to squat 400kg (880lb).    Defending champion Alexander Sedykh was competing in the World Raw Powerlifting Federation (WRPF) European Championships near Moscow when the terrifying incident occurred.   In the shocking video, Sedykh's legs can be seen shaking after holding the weight on his shoulders. As he prepares for the squat with the enormous weight, both of his knees buckled horribly, and he cried out in anguish. He fractured both his knees in the incident and also ruptured his quadriceps muscles.    Sedykh was rushed to the hospital, where he underwent emergency surgery on his legs.   The powerlifting champion, who must now learn how to walk again said: “The main thing is that I must lie motionless in bed for two months.”   “Then I’ll be taught how to walk again. It’ll take time to recuperate. I’ve had my quadriceps resewn and my knees put back together.” ...
Read more

SAD - RECENTLY PASS OUT NYSC DOCTOR DIES IN A FATAL ACCIDENT

-
Image
A Nigerian doctor, Urey, who just passed out from National Youth Service Corps, NYSC, on Thursday, July 16th, has died. According to report, Urey who was a 2019 Batch B stream 2 corper, was involved in a fatal accident at Onne, Rivers state, on her way returning back home. Reports have it that the trailer lost control which led to the crash with her vehicle. Urey was a graduate of Imo state University, department of Optometry. Urey was said to have ‘struggled’ with medical school and finally got out successfully. Friends and family members have taken to social media to pen tributes to her.
Read more

Donald Trump says he will pardon someone ‘very, very important’ today

-
Image
  US President, Donald Trump has said he will pardon someone who is “very, very important” on Tuesday, August 18.   Trump made the announcement on Monday night, August 17, while speaking to reporters aboard Air Force One. He didn’t identify who the person was but added it would not be leaker Edward Snowden or former national security adviser Michael Flynn.   "Doing a pardon tomorrow on someone who is very, very important," Trump told reporters on Air Force One.   He declined to offer further details except to say it was not Flynn nor Snowden.   Trump on Saturday, August 15, said he’d look “very strongly” at pardoning Snowden, who’s accused of espionage and theft of government property for leaking troves of National Security Agency information.   Meanwhile, in May, Trump said he was mulling a full pardon for Flynn, who pleaded guilty to lying to the FBI during an investigation into the 2016 presidential campaign. ...
Read more

"I know I will come out of this victorious" Adeherself releases statement after being released from EFCC custody

-
Image
Adedamola Adewale, popularly known as Adeherself, has released a statement after being released on bail from EFCC custody.   The popular social media influencer was arrested for internet fraud weeks ago and arraigned before Justice Sherifat Solebo of the Special Offences Court in Ikeja, Lagos on a one-count charge of possession of fraudulent documents.   The 20-year-old skit maker was released last week and she has now released a statement on Instagram.  If there's one thing I've learnt in life, it's to never give up no matter how hard things may get in life.... I Am Adeherself, yes I'm cheerful, happy, playful, energetic and free spirited, I wunt deny the fact that right now I'm in pains and presently going through a phase I never imagined I could ever face in life. I know I will come out of this victorious, and by the special grace of God with the help of my counselor, I'll be Adeherself the real King of Queens once again. To all my lovers out there, I'm s...
Read more