He said the increase brought untold hardship to property owners.
According to him “In 2018, there was an increase in the Land Use Charge rate as well as the method of valuation of properties, this shock had a sporadic increase in Land Use Charge payable by property owners. In view of the aforementioned, the current administration decided to review the Land Use Charge law by reversing the rate of Land Use Charge to pre-2018 while upholding the 2018 method of valuation.
The reform also considered multiple Land Use Charge payment channels and efficient customer service management by setting up a call centre in other to ensure prompt issue resolution.”
Former Governor Ambode had raised the land use charge against the wishes of many property owners in the state, which led to increase in rent by landlords to the inconvenience of many tenants.
