Legal Nigeria

Ogun State government grants investors 50% discount on land use charge

Dapo Abiodun. Photo; DABIODUN

Ogun State government said it had granted a 50 per cent discount on Land Use and Amenities charges.

This grace will be enjoyed by investors who show up for payment on or before September 30.

A statement by Chief Press Secretary to the Governor, Mr. Kunle Somorin, stated that the Dapo Abiodun led-government had put mechanism in place to make it convenient for investors to pay their land use and amenity charges, bearing in mind the harsh economy affecting many countries, as a result of the global pandemic of COVID-19.

According to the statement, with the overall economic development of the state and the need to further strengthen the existing relationship with various industries domiciled in the state, the reduction was in good faith to ensure that the Public-Private Partnership (PPP) agenda is built upon.

The statement further noted that tax-payers who pay between October 1 and 31 would be eligible to enjoy a 25 per cent discount, while payment made between November 1 and 30, 2020, would attract 10 per cent discount.

It said those that had already paid before the decision would get their credit.

Credit: Guardian Papers

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