Ogun grants investors 50% discount on land use charge

Ogun State government has granted 50 percent to investors on all land use and amenities charges.

This grace will be enjoyed by all investors who make their payment on or before end of September.

A statement by the Chief Press Secretary to the State Governor, Kunle Somorin statedthatthedapoabiodun administration has put mechanism in place to make it convenient for investors to pay their land use and amenity charges, considering the harsh economy affecting many countries, as a result of the coronavirus (Covid-19) pandemic.

It added that with the overall economic development of the state in mind and the need to further strengthen the existing relationship with various industries domiciled in the state, the reduction was in good faith to ensure that the public–private partnership (PPP) agenda was built upon, as government alone cannot do the business of making the state a better place.

The statement further noted that tax payers who pay their Land Use and Amenities Charge between October 1st and October 31th, would be eligible to enjoy 25 percent discount, while payment made between November 1st to 30th, 2020, would attract 10 percent discount, assuring that those who had already paid before the government made the decision would get their credit.

Payment according to the statement has been simplified for the convenience of business owners through the use of payment codes via the online platform, which could either be done through the use of card, USSD and internet banking.

To pay using the online platform, Business owners are to visit http://pay luac. ogunstate.gov.ng, enter their bills payment code and the payers contact details, click on make payment button, select card, USSD or internet banking options to complete the payment.

The statement while stating that a payment receipt would be sent automatically by the REMITA platform, with a payment notification sent to the payer by the OGSG LUAC platform, added that on entering of the payer’s payment code, the discounted amount payable would on such bill be calculated automatically and displayed.

According to the release, business owners were advised to visit any bank branch of their choice nationwide to make their payment.

Recall that government had inaugurated the State Business Environment Council, to focus on sustainable reforms that would address challenges militating against Ease of Doing Business and limiting effective private sector participation in the state economy.