
The Lagos State government has announced a 15% incentive for property owners who comply with the Land Use Charge (LUC) payment requirements, as mandated by existing state legislation.
To qualify for this discount, property owners must voluntarily adhere to the law and ensure timely payments before any enforcement actions are taken.
This initiative aims to encourage compliance and streamline the collection of land use charges, ultimately enhancing revenue generation for the state. The move reflects the government’s ongoing efforts to promote fiscal responsibility and support sustainable urban development.