society
LAND USE CHARGE: OUTRAGEOUS AMOUNT IN CIRCULATION UNFOUNDED, BASED ON ARREARS – LASG
…Extends Period For Discounted Payment To April 14
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.
Speaking at a news briefing held at the Bagauda Kaltho Press Centre in Alausa, Ikeja, the State’s Commissioner for Information and Strategy, Mr Kehinde Bamigbetan said there were so many misconceptions and misinformation about the new law, adding that the law was a progressive enactment duly made by the House of Assembly and handed over to the Executive for implementation in the overall interest of the people.
He specifically dismissed the humongous figures being bandied about on the social media, saying many of the calculations were based on arrears of many years of non-payment.
“The fact is that this law took a long process to be made. It started as a bill and went through the first reading, second reading, public hearing to which all stakeholders were brought together to debate it and some of the relieves we have seen were part of the debate expressed by the stakeholders about the need to protect the vulnerable segment of the society. Having made the law, the Lagos State House of Assembly has handed it over to the executive to implement.
“The second important part is that a lot of relieves have been built into the law but many people are confusing arrears with the actual figure. If you see those figures, ask whether it is for one year or arrears of several years of non-payment. The humongous figures that are being bandied around particularly in the social media relate to the arrears of many years of non-payment which are computed together,” Bamigbetan said.
Also speaking, Commissioner for Finance, Mr Akinyemi Ashade said the government has extended the period for tax payers to enjoy the 15 per cent discount in the reviewed Land Use Charge Law to April 14, 2018 in order to enable the implementation and enforcement of the new law, as well as allow many property owners to benefit from the discount.
Ashade, who took time to clarify reactions in some section of the public on the new law, said under the old law, which had not been reviewed for over 15 years since 2001, the Land Use Charge rate was totally inaccurate and retrogressive and was depriving the State of keeping track of all economic activities that relate to land in Lagos State.
He said the Law, which was reviewed by the Lagos State House of Assembly and signed into Law by the State Governor, Mr. Akinwunmi Ambode on February 8, 2018 is a merger of all Property and Land Based Rates and Charges in the State.
Ashade said: “There was an urgent need for the repeal, as the old law had not been reviewed for over 15 years, since 2001. Under the old law, the LUC rate was totally inaccurate and retrogressive which deprived the State of keeping track of all economic activities that relate to land in Lagos State.
“The new law is a consolidation of Ground Rent, Tenement Rate, and Neighbourhood Improvement Levy. This charge is payable annually in respect of all real estate properties in the State, which means owners and occupiers holding a lease to a Property for ten (10) years or more are now liable to pay the annual LUC invoice charged.
“Thus, the Tenement Rates Law, the Land Based Rates Law, the Neighbourhood Improvement Charge and all other similar Property Rates or Charges, Laws or amendments to any such property Laws shall cease to apply to any property in Lagos State as from 2018. Nonetheless, all pending invoices, orders, rules, regulations, etc. under the 2001 repealed Law shall continue to be in effect until such obligations are discharged.”
Explaining the calculation of amount payable, the Commissioner said that property owners can determine the amount by multiplying the Market Value of their property by the Applicable Relief Rate of 40 per cent and Annual Charge rate.
“Upon receiving a notice or not, the new law has made it possible for owners to calculate their charge, and enable prompt payment, which allows them to benefit from a 15% discount for early payment, applicable to payments made within 15 days of receipt of Demand Notice,” he said.
Responding to fears of tenants that the new Law might force landlords to increase rent, Ashade said aside the fact that the Lagos State Tenancy Law 2011 was still in force, the incidence of payment for Land Use Charge under the new law is on the Landlord and not the tenant.
He said the minimum rate was only increased from N1,200 it was in 2001 to N5,000, while there is provision for self-assessment and Assessment Appeal Tribunal under the new law.
On vacant properties, Ashade said such would be treated based on owner-occupier and not as a commercial property, explaining that the target of government is to make commercial property owners to pay a little bit more.
society
UNITED KINGDOM OF ATLANTIS ANNOUNCES HISTORIC SUCCESS:
UNITED KINGDOM OF ATLANTIS ANNOUNCES HISTORIC SUCCESS:
Premiere of ATC Digital Currency Exchange System Test, Highlighting “Gold Standard” for Humanitarian Purposes*
The Attica Empire, under the distinguished leadership of Empress Nobilisa Prof Sriwan kingjun, Empress of Attica Empire, successfully conducted a groundbreaking premiere test of its ATC (Attica Coin) digital currency exchange system. The event brought together high-ranking leaders and representatives from various nations to witness a spectacular celebration of financial innovation.
### Key Highlights of the ATC Digital Currency Exchange System Test
– The test demonstrated the efficiency and robustness of the ATC digital financial infrastructure, marking a significant milestone for Atlantis United Kingdom.
– Participants who completed the Know Your Customer (KYC) process in accordance with international standards were able to fully exchange ATC coins, thereby strengthening global confidence among currency holders.
– The ATC digital currency is positioned as the world’s first digital asset anchored to the *“Gold Standard”*, with its value guaranteed and validated through gold under certification by the International Court of Justice.
– The primary mission of the ATC currency is to fund humanitarian projects and drive macro-level social development, aligning with the empire’s vision of sustainable global impact.
### Event Atmosphere & Leadership Vision
The premiere was attended by thousands of guests who celebrated in an atmosphere of friendship, featuring:
– A concert performed by leading musical bands.
– A lavish reception of food and drink showcasing the empire’s prosperity and readiness.
– *Emperor Solomon Winning*, ruler of the United Kingdom of Atlantis and a thought leader in future-oriented projects, was celebrated as the transformative force reshaping traditional finance into a future-oriented model.
– Emperor Winning emphasized that the ATC system inaugurates a new, sustainable, and humanitarian economic framework.
*Quotes from Leadership*
_”The ATC digital currency is not just a financial innovation; it is a beacon of hope for global humanitarian efforts. We are committed to leveraging this technology to uplift communities and foster sustainable development.”_
— *Empress Nobilisa Sriwan Kingjun*
_”With the ATC Gold Standard, we are setting a new paradigm in digital finance—one that prioritizes transparency, accountability, and the greater good.”_
— *Emperor Solomon Winning*
Attica Empire is the pioneering force behind the digital economy of the United Kingdom of Atlantis. It focuses on developing secure, asset-backed FinTech solutions to support global usage and worldwide humanitarian efforts.
The ATC Digitalcurrency (Attica Coin) is a gold-backed digital asset designed to:
1. Provide a transparent and efficient medium of exchange.
2. Fund humanitarian initiatives and social development programs.
3. Set a new benchmark for asset-backed cryptocurrencies worldwide.
The Attica Empire remains committed to advancing innovative financial systems that empower global humanitarian projects and foster sustainable economic growth. The success of the ATC digital currency exchange system test paves the way for broader adoption and integration into global financial ecosystems.
### Upcoming Initiatives
– *Global Roadshow:* Attica Empire will embark on a worldwide tour to introduce the ATC digital currency to key financial hubs and international organizations.
– *Humanitarian Partnerships:* Collaborations with NGOs and global institutions to channel ATC funds into pressing social development projects.
– *Technological Advancements:* Continuous enhancement of the ATC platform to ensure scalability, security, and user-centric features.
The Attica Empire invites global stakeholders to join this transformative journey toward a more equitable and sustainable financial future.
society
Life Patron Gen. Buratai Congratulates Newly Elected Lady Captain of TYBGRCC
Life Patron Gen. Buratai Congratulates Newly Elected Lady Captain of TYBGRCC
ABUJA – The Tukur Yusufu Buratai Golf Resort and Country Club (TYBGRCC) has ushered in a new era of leadership with the election of Ms. Jumai Hajara Adamu as its Lady Captain.
The club’s Life Patron, Lt Gen Tukur Yusufu Buratai (Rtd) CFR, former Chief of Army Staff, has extended his warm congratulations and full endorsement. “As the Life Patron, I am immensely proud to see a leader of your calibre step forward,” he stated. “Please be assured of my full and unwavering support throughout your tenure. I have every confidence that your leadership will be marked by significant achievements.”
The election, conducted by the club’s Board of Trustees and membership, highlights a unanimous confidence in Ms. Adamu’s vision and dedication to the sport and the club’s community.
In her acceptance address, the newly elected Lady Captain outlined a forward-looking agenda anchored on three key pillars: Unity, Development, and Inclusiveness. “I believe that golf is not just a sport but a powerful platform for friendship, discipline, mentorship, and community,” she stated, pledging to strengthen member bonds, encourage greater participation among ladies and youth, and enhance the club’s facilities.
Ms. Jumai Hajara Adamu, a respected member known for her active participation and organizational acumen, succeeds a line of distinguished past Lady Captains. She has pledged to build upon their legacy with transparency, teamwork, and accountability, ensuring every member feels heard and represented.
This appointment is seen as a significant step for the TYBGRCC, reinforcing its commitment to excellence, growth, and fostering a vibrant sporting community in the heart of the nation’s capital. The club anticipates a dynamic and prosperous term under her guidance.
About Tukur Yusufu Buratai Golf Resort and Country Club (TYBGRCC):
Located in Abuja, TYBGRCC is a premier golfing destination dedicated to promoting the sport of golf, fostering camaraderie, and encouraging a healthy lifestyle among its members and guests. It stands as a testament to world-class sporting and recreational facilities.
society
NAWOJ: SEKINAT, CHARITY GETS VOTE OF CONFIDENCE
NAWOJ: SEKINAT, CHARITY GETS VOTE OF CONFIDENCE
The Nigeria Association of Women Journalists,(NAWOJ), Ogun State Chapter Executives has unanimously passed a vote of confidence on Chairman NAWOJ SEKINAT Salam and the Financial Secretary, Charity James, saying that, their leadership reflect the ideal and objectives of NAWOJ.
This was revealed in a communique issued at an Emergency meeting of the Executive held at the NUJ State Council, Iwe-Iroyin in Abeokuta.
The vote of confidence on the Leadership of NAWOJ was unanimously signed by all the five executive members that attended the meeting with the vice chairperson taking apology for official engagement outside the state capital.
According to the communique ” Consequently, NAWOJ Ogun State Chapter, reaffirms it’s unwavering support and confidence in the Chairperson and the Financial Secretary, Sekinat Salam and Charity James respectively, Urge them to continue in their commitment to purposeful leadership in the best interest of the association and the society at large”.
Speaking briefly with Journalists after the emergency Executive meeting, the Chairperson, Nigeria Association of Woman Journalists (NAWOJ), Com. Sekinat Salam, said the meeting was necessary as the news of her suspension was laughable and insulting because it is like a pot calling a kettle black in this case, saying that the Leadership of the State Council, Com. Wale Olanrewaju has no local standing to suspend her or any executive member, even he cannot be a judge in his own case.
According to her” The Leadership of the Nigeria Union of Journalists, Ogun State led by Wale Olanrewaju has always been misusing power without recourse to the constitution of this noble Union, hence has no local standing to suspend me or any executive member “.
She said only the Central Working Committee (CWC) has the constitutional rights to sanction or suspend any members found wanting after due process has been followed.
While calling on members to stay calm, Com. Sekinat Salam assured members of positive representation of NAWOJ at both the State and National level, adding the success recorded under her administration cannot be overemphasized.
She therefore called on the National leadership of NUJ to critically look into the matter, either by setting up independent committee to investigate the issues and resolve the matter as quickly as possible.
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