Connect with us

Hi, what are you looking for?

TVCE Articles

Property experts call on Lagos govt. to reduce charge on registering land, others

lagos-homs-1TVC E, BUSINESS – Property law experts have urged the Lagos State government to reduce the cost of registering land and other property documentation.

The statement was made at a workshop on the Lagos State Land Registration Law 2015 organised by the Department of private and property Law, University of Lagos (UNILAG).

A former federal commissioner of works, Femi Okunnu said fees charged at the land registry should be minimal so that people can afford to register their properties.

Advertisement

According to the Dean of Faculty of Law, Unilag, Professor Akin Ibidapo Obe, the purpose of registration is not mainly to generate revenue but for management and regulatory purposes, while the essence of taxation is revenue generation.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Entertainment

Nigerian singer and pastor, Bankole Wellington, widely known as Banky W, has successfully completed his fourth surgery for skin cancer. He shared this update...

Movie

Demi Moore has opened up about her challenging role in Coralie Fargeat’s body horror film, The Substance, which premiered at Cannes. Co-star Dennis Quaid...

Tech

The social network formerly known as Twitter has officially rebranded to X.com for all its core systems. Typing twitter.com in your browser now redirects...

Sports

Anthony Joshua believes the judges made the right call in declaring Oleksandr Usyk the winner over Tyson Fury, making Usyk the undisputed heavyweight champion....

Copyright © TVCCommuniation owner of TVC Entertainment