The Lagos State Commissioner for Housing, Mr Gbolahan Lawal has said no fewer than 3,000 residents have so far benefited from the Lagos State Government’s Rent-To-Own schemes. In an interview with the News Agency of Nigeria (NAN), Lawal said the state’s housing policies captured both those in the formal and informal sectors. He said that the informal sector constituted about 65 per cent of the population of the state and that a mechanism had been put in place to determine their incomes and eligibility for the homes. “All our estates are for everybody irrespective of your status. We have special consideration for Lagosians and we have accommodation for all categories of people in Lagos. “My Christmas promise will be achieved for those prospective buyers who have applied for Gbagada, Igbogbo, Amuwo Odofin, Sangotedo Phase 1 houses. Celebrating Christmas in their new homes is feasible. “It is important to also use this medium to let Lagosians know that we are committed to c...
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In a bid to eliminate quackery in architectural practice, Architects Registration Council of Nigeria (ARCON) has announced plans to set up an enforcement and compliance unit, which will ensure that only registered members handle architectural projects in the country. The council in a statement said that the measures would be in consonance with the extant laws and complement the content and spirit of the National building codes. According to ARCON President, Sir Dipo Ajayi, the unit will ensure that only professionals with the requisite knowledge and expertise of the building process are engaged to carry out building projects and are duly governed by the various Acts in the statute books. “The Council is working in concert with other interest groups to get the built environment properly policed to avoid or reduce to the barest minimum the issue of building collapse and its attendant effect on the developer and the national psyche,” he said. Speaking on the recent bui...
Are you considering buying property in Lagos or already in the middle of a property transaction and you need professional advice and assistance? If you are, then this is for you! This guide is meant to explain the process to anyone who is interested in buying property in Lagos in order to ensure that it is done safely and lawfully. Acquiring land or developed property is one of the dreams of every Man; it can be very exciting and very scary all at the same time. This is especially so because in Lagos, Nigeria there is always the risk of deception. v DECIDE ON A BUDGET AND LOCATION: Buying a property is a big step concerning an important lasting financial obligation, so be considerate about what you can afford. Also, if you intend to live in the property, then you need to be sure that it is in a location you are happy at and can be for a long time. Once this is decided, then you are good to go and can move on to the next step. v ...
Lagos State Physical Planning Permit Authority (LASPPPA) and the Lagos State Building Control Agency (LASBCA) have commenced ‘Operation Submit Your Building Plan’ exercise throughout the state. According to the state government agencies, the move is geared towards updating the state’s Physical Development Database as well as ‘upholding the law for a sustainable, safe, secure, functional, business and tourism friendly environment.’ Speaking on the state-wide exercise, General Manager, LASPPPA, TPL. Funmi Osifuye said the two sister agencies embarked on the Joint Post Construction Audit of existing structures in the State in order to achieve a sustainable and well-planned environment. While noting that the exercise would also ascertain the structural stability of the buildings to prevent collapse of structures in the State, he urged every owner/developer whose property is not covered by a Planning Permit/ Building Plan Approval to commence the process of regularisation in li...
THE Lagos State Government, yesterday, embarked on a joint post-construction audit of existing structures in the state in order to prevent the spate of building collapse as well as ensure a sustainable and well-planned environment. The state government has directed the Lagos State Physical Planning Permit Authority, LASPPPA, and Lagos State Building Control Agency, LASBCA to carry-out the exercise. The General Manager of LASPPPA, Mr. Funmi Osifuye , during a statewide exercise, explained that the measure was also launched in a bid to update the state’s Physical Development Database and uphold the law for a sustainable, safe, secure, functional, business and tourism friendly environment. Osifuye, while noting that the exercise would also ascertain the structural stability of the buildings to prevent a collapse of structures in the state, urged every owner/developer whose property is not covered by a Planning Permit/ Building Plan approval to commence the process of regula...
The Lagos State Land Use Charge (LUC) is a consolidation of all property and land based rates and charges payable under Lands Rates, Neighborhood Improvement Charge and Tenement Rates Laws of Lagos State. The Land Use Charge derives its legitimacy from the Land Use Charge Law No. 11, of 2001. It was designed to help the government generate additional revenue needed to develop the state in the light of increasing demand and for provision of urban and rural infrastructure and other expenditures. Download the Land Use Charge Law here The LUC is an annual charge rate expressed as a percentage of the assessed market value of the property and empowers the state government to vary between owner-occupied property and other property, as well as residential property and commercial or revenue generating property. This variation further includes property for physically-challenged persons and those who have been resident at the same location for at least 12 years, minors; retire...
The Lagos State Government seems to have been influenced by the joint outcome of the rapid pursuit for property, rising demand for provision of urban and rural infrastructures, and the dwindling federal revenue allocations to enact the Land Use Charge Law (2001) to increase internally-generated revenues through property tax. The Land Use Charge is a consolidation of the ground rent, tenement rate and neighborhood improvement levy by the Land Use Charge Law of 2018, which was first enacted in 2001, and payable on properties in the state. Download the Land Use Charge Law here The 2001 Law provided new formulae and technique for assessing the Charge payable on properties in Lagos state, amongst other provisions; and consolidated and replaced all the state and local government taxes payable on property. It was designed to help the government generate additional revenue needed to develop the state in the light of increasing demand for provision of urban and rural infra...