The commissioner for finance, Abayomi Oluyomi, who appealed to the Parkview Residents’ Association General Meeting in Ikoyi, stressed that prompt payment of the LUC will assist the government in addressing the huge infrastructure challenges.
The commissioner lamented the low compliance rate among residents, particularly the elites in highbrow estates, urging property owners to fulfill their civic responsibility.
Oluyomi pointed out that there are legal implications for refusing to pay the LUC. However, he disclosed that there are exemptions for elderly citizens and a few other categories on the charge but warned that voluntary compliance was crucial to avoiding legal action.
The government, he said, has employed about 500 Ad-hoc staff to raise awareness, in major locations like Lagos Island, Victoria Island, and Eti-Osa and others. He highlighted that only eight out of about 200 estates in the axis have been visited, while efforts are ongoing to cover more areas.
The commissioner warned that if property owners continue to refuse compliance, the government might publish the names of defaulters.
“The state also plans to collaborate with professional bodies and financial stakeholders to host workshops on the LUC, aiming to make voluntary compliance more widespread before resorting to legal enforcement,” he said.