"Business owners paying Land Use Charge should see it as part of their Corporate Social Responsibilities".
He stated that the residents had commenced the process of documentation and had set up a committee to take their case to the Lagos State Land Use Appeal Tribunal.
The correct position will be reflected by then. "The process of gazetting itself is being expedited in view of these issues". "We are definitely one of your shareholders and we would renew your mandate in 2019 there's no doubt", Mr Ovia said.
He specifically dismissed the very big figures being bandied about on the social media, saying numerous calculations were based on arrears of many years of non-payment.
"We will tax those who are rich so as to protect them".
"Thus, the Tenement Rates Law, the Land Based Rates Law, the Neighbourhood Improvement Charge and all other similar Property Rates or Charges, Laws or amendments to any such property Laws shall cease to apply to any property in Lagos State as from 2018".
"The second important part is that a lot of relieves have been built into the law but many people are confusing arrears with the actual figure".
"The very large figures that are being bandied around particularly in the social media relate to the arrears of many years of non-payment which are computed together".
According to him, the state government chose this option because the cost of building houses varies according to the area, contending that each property needed to be valued according to its location, in order to achieve a standardized, progressive and rational rate for everyone.
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The Lagos State Governor, Akinwunmi Ambode, on Wednesday received a Nigerian, Bayode Treasures-Olawunmi, who set a new Guinness World Record in longest reading marathon. 15 years after in 2017, the law has never been reviewed. Under the old law, the LUC rate was totally inaccurate and retrogressive which deprived the State of keeping track of all economic activities that relate to land in Lagos State.
The association gave the government a 5-day ultimatum to reverse the law.
Ogunlana stated that the National Basketball Association was strongly opposed to the LUC, which he described as an "excessive and arbitrary tax regime" calculated at turning Lagos State into a "toxic environment and a living hell" for the residents.
Speaking on the planned protest during a press briefing on Wednesday, the Chairman of the Branch, Mr. Adesina Ogunlana, said the protest march will start from the Branch Secretariat in Ikeja all the way to the Lagos State Secretariat in Alausa and its tagged "Hell Tax Must Go".
He also appealed to residents to embrace the Land Use Charges and ensure that commercial property owners pay the charges but explained that pensioners, owner occupiers, NGOs, Churches and Mosques are exempted from the payment of Land Use Charge.
He opines that it is absurd that the Governor is seeking dialogue after its government has deliberately and selfishly created the situation in the first instance.
"We use this opportunity to demand a scrapping of the move by the Lagos state government, by its new tax regime to turn the state into a hell".
He added: "Consultation ought to come before legislation and not the other way round".
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