Governor Akinwumi Ambode, while speaking on the revised Land Use Charge Law, said that it is meant to tax the rich so as not to invoke the anger of the poor.
The Governor, who said this on Tuesday, March 6, 2018, at the Lagos State means Business forum, urged the rich to see it as a sacrifice.
Ambode said that his administration is aware of the controversy generated by the law, adding that his government is willing to dialogue, so that issues can be resolved.
He said “The law was made in 2001. It provides that every five years, we should review it and also find a way to increase. 15 years after in 2017, the law has never been reviewed.
“Now, the question is this; those who are having commercial properties, the rental income they were getting in 2002 as against the rental income they are getting in 2017, is it the same?
“The level of infrastructure that existed in 2002 as against what has happened in the last 15 years, are they the same? Did it not come at a cost?
“So, why is the market value of the property that you built with one million naira, 15 years after, you are selling at N20million.
“Why do you think somebody who is a buyer will pay N20million for it? Is it not because of the facilities around the property? So, we have to sacrifice; that is how it works everywhere.”
“The revised Land Use Charge Law requires owner-occupiers to pay just 0.076 per cent, pensioners, churches, mosques, non-governmental organisations and government institutions are exempted from payment,” he added.
The News Agency of Nigeria (NAN) also reports that the Governor said that his government has committed N50b to the Lagos blue rail project.
According to him, “Lagos wants the best of everything. We must understand that there is a paradigm shift of trust in governance in Lagos and that is my message to you today.
“Do you believe that the dividends of democracy are being delivered to you? Are you seeing what your taxes are being used for?
“Would you entrust me to do more for democracy are being delivered to you? Are you seeing what your taxes are being used for?
“Would you entrust me to do more for you, as the man you have chosen to be in this office?”
“I want the business community to own the economy. We, as a government, only create an enabling environment while the private sector drives the economy.
“There are so many opportunities in government; we want all sectors to thrive because we have the market.
“There is need for infrastructure fund driven by the private sector in conjunction with government to attract investment.
“We must drive capitalism with social sector reforms. For instance, Lagos needs strong food strategy and policies to cater for 24 million people.
“We must realise that Lagos is working toward the goal of food security,” he said
Lagos schools ordered to sing National Anthem in Yoruba
Gov. Akinwunmi Ambode recently directed that students in public and private schools should sing the National Anthem in Yoruba Language daily.
He said the directive is to ensure that the Yoruba culture is preserved and promoted.
According to NAN, Ambode signed the Yoruba Language Preservation and Promotion Bill into Law on February 8, 2018.