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In a bid to streamline taxes and encourage investment, the Enugu State Government has declared property and tenement rates illegal.
The Chairman, Lagos State Chapter of the Nigerian Institution of Estate Surveyors and Valuers, NIESV, Mr. Olurogba Orinmalade, has Governor Ambode’s gesture in slashing the new
Amid the complaints about the new Lagos State Land Use Charge, the Commissioner for Finance, Akinyemi Ashade, says an aggregated tax that has combined three erstwhile separate taxes namely tenement rate, ground rent and neighbourhood improvement levy into one.
The Lagos State Government on Wednesday clarified the figures circulating in the media on the rate for the newly reviewed Land Use Charge Law of 2018, saying many of the numbers were based on several years of arrears on the levy not paid by affected property owners.
The Coalition of Real Estate Investors and Surveyors in Lagos State has said that after its thorough analysis of the Land Use Charge Law (LUCL) 2018, owners-occupiers are expected to pay a token percentage of 0.076% of the value of the assessed property.
The Buhari campaign organisation says the People’s Democratic Party’s promise to crash petrol price to N90 is laughable, as no supplier of the product will sell at that price.
More than 35,000 refugees and asylum seekers in Malawi will run out of food in less than two months, the UN warned on Friday.
A Federal High Court, Lagos, on Friday fixed Dec. 7 to hear a motion seeking a bench warrant against Innocent Chukwuma, CEO, Innoson Nig. Ltd and four others, charged with alleged forgery.
As part of efforts to reduce unemployment, the Industrial Training Fund (ITF), on Wednesday said it had concluded the training of 360 women from 12 states in fashion designing.
The LCCI, whose position was contained in a report titled, ‘Infrastructure Deficit in Nigeria: The Way Forward, the LCCI,’ decried the challenges of exporting made-in-Nigeria products to other ECOWAS countries and poor investment climate.