Lagos State Governor, Babajide Sanwo-Olu, has canceled the 2018 land use charge and reverted to pre-2018 land use charges.
The Government announced this at an ongoing press briefing by Commissioner for Finance, Dr. Rabiu Olowo.
The government also waived penalties for land use charges for 2017, 2018, and 2019, which according to the Commissioner translates to a loss of revenue amounting to N5.6bn.
Details shortly…