LAND USE CHARGE: WE’RE READY FOR DIALOGUE- AMBODE
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As Dangote, Ovia, Elumelu Urge Lagosians To Voluntarily Pay Taxes
Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said his administration is not oblivious of the hue and cry generated by the revised Land Use Charge Law, saying that the government is ready to dialogue to resolve the issues going forward.
Governor Ambode, who spoke during a well attended forum with the Organised Private Sector tagged “Lagos Means Business”, said the review of the law was not a deliberate attempt by the government to overburden property owners but a decision taken in the overriding interest of the future of Lagos.
He said the Law, enacted in 2001 provides for an upward review every five years, but that the State Government had not carried out any review of the Law up until 2017, adding that the recent review was in line with the present economic realities.
He said the State requires a minimum of $50billion over the next five years to bridge the gap of infrastructural deficit, adding however, that a special infrastructure fund that would be driven by the private sector to address social challenges is the way to
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