adplus-dvertising
Business News

Lagos govt releases 2025 land use charge bills, offers 15% early payment discount 

WATCH THE VIDEO HERE

The Lagos State Government has released the 2025 Land Use Charge (LUC) bills, offering property owners a 15% discount for payments made within 30 days of receipt.

The announcement was made by Commissioner for Finance Abayomi Oluyemi in a statement on the state government’s official website on Saturday.

The commissioner highlighted the importance of the Land Use Charge, noting its role in supporting infrastructure and public services, and urged property owners to seize the discount while contributing to Lagos’ development.

“The Lagos State Government has released the 2025 Land Use Charge (LUC) Bill, reinforcing its commitment to the continuous provision of world-class infrastructure and services for all residents.  

“According to the Commissioner for Finance, Mr. Abayomi Oluyemi, property owners across the state are encouraged to take advantage of the 15% discount on their Land Use Charge by making early payments before the deadline,” the statement read in part. 

It added, “Don’t miss out on the 15% discount by paying within 30 days of receipt of your bill.” 

Oluyemi called on property owners to fulfill their civic duty by making timely Land Use Charge payments, emphasizing that their contributions drive Lagos’ growth into a modern, thriving city.

He urged them to take advantage of the 15% discount by using any of the available payment channels, including internet banking, bank deposits, USSD codes, POS machines at LUC offices, and the Lagos Online Assistant (LOLA) WhatsApp platform.

In Lagos State, the Land Use Charge Law 2020 mandates payment by property owners, including lessees with at least a 10-year lease or recipients of property income. Owners of vacant land are also liable to pay the charge.

Land Use Charge Demand Notices are issued by officials or can be requested via email or at the Land Use Charge office.

The Land Use Charge remains a vital revenue source for the Lagos State Government. In 2024, the state projected N700 million in revenue, and in just the first four months, it generated N300 million. However, the total revenue for the year was not disclosed by the government.

WATCH FULL VIDEO

WATCH THE VIDEO HERE