Sunday , 25 May 2025

Lagos Offers 15% Discount On Land Use Charge For Early Payments

The Lagos State Government has released the 2025 Land Use Charge (LUC) bills, and property owners can enjoy a 15% discount if they pay within 30 days of receiving their bills. This discount is not new, as it was also offered in 2024.

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

He emphasized the importance of the Land Use Charge in supporting infrastructure and public services. He encouraged property owners to take advantage of the discount while contributing to Lagos’ development.

“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.

Also, exemptions apply to properties owned and occupied by pensioners, public libraries, non-profit cemeteries, palaces of Obas and Chiefs, and religious properties used for worship or education. However, eligible owners must apply for exemption through the Lagos State Commissioner of Finance with supporting evidence.

The 15% early payment discount was not introduced with the 2025 Land Use Charge bill but also applied in 2024 for payments made within 30 days of receiving the bill.

Also, 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.

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