The Lagos State Government has commenced a sensitisation campaign to promote the payment of Land Use Charge (LUC) in the state.
It also engaged 500 ad hoc staff for awareness advocacy.
The Commissioner for Finance, Abayomi Oluyomi, at the flag-off of the campaign, urged property owners to pay their LUC to support the government’s development initiatives.
The News Agency of Nigeria (NAN) reported on Monday that the campaign began on Lagos Island, Victoria Island, and at Eti-Osa Local Government/Local Council Development Areas.
Oluyomi said, “The campaign is crucial for increasing the state’s Internally Generated Revenue to fund substantial infrastructure projects”.
He also said that the LUC taxes were a vital source of revenue for providing socio-economic infrastructure and amenities.
“The development of any society relies on its residents adhering to tax payments. I appeal to property owners to support this initiative, come forward, and be counted. This is essential for Nigeria’s development”, he added.
Oluyomi noted that the 2024 budget anticipated expenditures of approximately N2.2 trillion, with nearly 70 per cent of the IGR funding the state’s budget.
The commissioner said a 15 per cent discount had been attached as an incentive to encourage payers.
NAN reports that during the campaign, the commissioner and the ad hoc staff distributed reminder bills to property owners in the Eti-Osa LGA.
The Special Adviser to the Governor on Taxation and Revenue, Abdul-Kabir Ogungbo, appealed to property owners to cooperate with the ad hoc staff.
The Permanent Secretary of the Ministry of Finance, Temitope Hundogan, also said that the sensitisation aimed to ensure compliance with LUC payments.
