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Nairaland Forum / Nairaland / General / Properties / Lagos State Government's Explanation Of Land Use Charge (19059 Views)
See The Full Details Of Lagos State Govt. Reduction Of Land Use Charge / The N589.3M House In Omole As Valued By LASG For Land Use Charge / Land Use Charge Law Of 2018: Things You Need To Know (2) (3) (4)
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Re: Lagos State Government's Explanation Of Land Use Charge by sweerychick(f): 1:20pm On Mar 09, 2018 |
Doesn't make any sense to me at all?/! No 1 at this harsh economic times, this would lead to increase in rents and other costs No. 2 it would discourage investors No. 3 it would affect the real estate market as you can see a lot of people are going into the real estate sector No. Contrary to government speculation of it increasing the revenue in Lagos, it will lead to massive decline in revenue as many average citizens can't afford living in Lagos My verdict! the government should reconsider this decision as it's not investment and peoples friendly. For all those fools thinking that this decision is a way of keeping other tribes in check, let me remind you that Lagos is what it is today because of its population, if you introduce this law it will have an adverse effect on Lagos economy 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by Man2utd(m): 1:21pm On Mar 09, 2018 |
The problem with our government is insensitivity. |
Re: Lagos State Government's Explanation Of Land Use Charge by scarletkinq(m): 1:21pm On Mar 09, 2018 |
Things like this are only done where there are basic and social amenities and lives with properties are secured ...any one who doesn't know by now that the leaders do not want peace, prosperity,and ppl progress for this country is a dimwitted retard |
Re: Lagos State Government's Explanation Of Land Use Charge by knowhowk: 1:21pm On Mar 09, 2018 |
Can someone help to explain ,what if the value of the property is only about 3 million ,do we have to calculate it by 0.076% ? |
Re: Lagos State Government's Explanation Of Land Use Charge by CofOLandOfPeace(m): 1:22pm On Mar 09, 2018 |
ALCOHOLKILLS:This will likely be the trickle down effect. 2 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by Johnson5258: 1:24pm On Mar 09, 2018 |
Fantastic! 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by wellmax(m): 1:25pm On Mar 09, 2018 |
Good one from LASG. People should stop spreading rumors of 400% increase. If you are a landlord, the rates are cool. 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by PearlStreet(m): 1:25pm On Mar 09, 2018 |
Articul8: If the dead could be appointed by Buhari, Buhari should also go and collect taxes from the dead. |
Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 1:27pm On Mar 09, 2018 |
The scam is on the valuation... 4 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by agarawu23(m): 1:30pm On Mar 09, 2018 |
Is like this ambode wan chop swear So because the landlord is not living in the house means that he is rich and has other houses that's why he will pay higher? Well, the law will take place in big man area first before e reach our own ghetto cos most people hear wont pay. He should come and break our house 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by egopersonified(f): 1:31pm On Mar 09, 2018 |
yes, we know the formula, but the trick is to over value the property first before deducting 40% 2 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by Shooga27: 1:32pm On Mar 09, 2018 |
Ambode The Evil genius behind 20years of looting Lagos dry,it all started with the pioneer Tinubu,Fashola another Fraud a legal luminary turned Engineer overnight,shameless lots,God will continue to expose you lots as you remain adamant to inconvenient Lagosians.
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Re: Lagos State Government's Explanation Of Land Use Charge by RexTramadol1: 1:33pm On Mar 09, 2018 |
Hmmm that middle one scared shii outta me 91,200 I com see commercial only...... And so what? Ambo behave and don't sign that thing Tell the HOA to face front oo |
Re: Lagos State Government's Explanation Of Land Use Charge by DJInfluence: 1:35pm On Mar 09, 2018 |
igbodefender: It will also lead to increase in the number of churches as well. Imagine someone that does not want to pay will just convert his frontage to church. 2 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by mybestlove(m): 1:38pm On Mar 09, 2018 |
UNIQUEISRAEL:And those your developed countries provide social services to taxpayers. A place like Nigeria where every family is a local government of it's own is what you compare with developed countries. Don't be surprised to see that Ambode's private wealth has quadrupled since he came to office. You people always make this mistake of copying developed countries sheepishly. Mind you that no government water pipes entered any of these houses you're taxing. We're still very very far to arrive at this. Nigeria is a joke. 9 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by Crystasluvee(m): 1:44pm On Mar 09, 2018 |
You buy land for 20million , u Level cuz waterlogged area with 7million, u build better structure of flats for there with amounts to 10million. 37million in total. U get 37million to build u no get simple cash to pay annually as LUC U still rent each 3bedroom 800,000 per year. Agent fee 80,000, agreement 80000, utility fee and damages 40,000. U dey collect such money and to pay government way owe the land be problem. Even those way no get shop go follow show say here no be American or USA. Yet u dey pray to go there. Na bad thing if oyinbo queue for naija embassy for our visa to come lag? Waka up naija. This is why we voted and will continue to vote for good governance irrespective of party. Ambode tuale 2 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by Proudlyngwa(m): 1:47pm On Mar 09, 2018 |
This is really very cheap, what are people complaining for. 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by 1miccza: 1:49pm On Mar 09, 2018 |
Crystasluvee: Guy go through that calculation again make you reason am well abeg. |
Re: Lagos State Government's Explanation Of Land Use Charge by Idris222: 1:50pm On Mar 09, 2018 |
Sa dan karate Ambode Lagos morning will go up by 800% |
Re: Lagos State Government's Explanation Of Land Use Charge by makazona(m): 1:51pm On Mar 09, 2018 |
domack99: my thoughts exactly. in the example given, 20m was used as estimated value. what if in real life the valuer says its 90m? 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by zarakikenpa(m): 1:51pm On Mar 09, 2018 |
UNIQUEISRAEL: Valid points raised, the question is will the generated revenue be put to judicious use for benefit of the citizens? |
Re: Lagos State Government's Explanation Of Land Use Charge by 1miccza: 1:51pm On Mar 09, 2018 |
There are loopholes that can be exploited by smart lagosians and they will end up losing. |
Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 1:51pm On Mar 09, 2018 |
DJInfluence: Smart dude. 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by erico2k2(m): 1:54pm On Mar 09, 2018 |
UNIQUEISRAEL:your talk is the reason we are backward, who says we don't pay in Nigeria? if you check these fees are paid by tenants not landlord plus, you will need to do your research well B4 speaking like this. Yesterday someone told me there was too many tax to pay in the UK compared to the rest of the west, I asked him to name just three taxes he knew he went mute. We pay way too much tax as it is with nothing to show for it The govt is taking us all for a ride. 2 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by Efewestern: 1:56pm On Mar 09, 2018 |
UNIQUEISRAEL: all the money the state have been generating what have they done with it?, does it not end in tinubu pocket?, the state is fast loosing it. Nigerians don't mind paying tax, but the issue is that some of these corrupt leaders keep looting our scarce resources, my sympathy to logosians, they are in for a big ride. 1 Like 1 Share |
Re: Lagos State Government's Explanation Of Land Use Charge by Hemanwel(m): 1:57pm On Mar 09, 2018 |
Faraidi:You have a valid point here. Check out the Lagos state government's policies lately, they are seriously bent on pushing people back to their state of origin. 3 Likes |
Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 2:08pm On Mar 09, 2018 |
Great news along with the vaids program. No taxes , no development. Ambode is on the right track , if you can't pay move back to your village, Lagos is too congested anyway. Other parts of Nigeria need to develop similarly. 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by gbegemaster(m): 2:12pm On Mar 09, 2018 |
UNIQUEISRAEL:Are you aware that citizens of Nigeria actually provide their own power, security, water, and fix their roads? I know people who got together and funded the road construction to their houses. So what are we on the receiving end of? Is there anything ordinary or extra that the government is doing that we are benefiting from? Truthfully, whenever I read comment like yours I just feel that the person is either a squatter with friends or still lives in their parents house. Coming here to talk about advanced countries when you've not even left your local government. 2 Likes 1 Share |
Re: Lagos State Government's Explanation Of Land Use Charge by omoiyamayor(m): 2:16pm On Mar 09, 2018 |
igbodefender:any way to send people packing for village .strategic indeed 1 Like |
Re: Lagos State Government's Explanation Of Land Use Charge by Nobody: 2:20pm On Mar 09, 2018 |
omoiyamayor: The timing of the law us not right. Its implementation if signed should be suspended until Nigeria is out of the economic danger zone. In fact, Governor Ambode should refuse to sign it for this reason. |
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