The Lagos State Governor, Babajide Sanwo-Olu has revoked the 2018 land use charge and reverted to the previous land use charge.
The rescinded land use charge was signed by the immediate past governor of the state, Akinwumi Ambode, on February 8, 2018.
The state Commissioner for Finance, Rabiu Olowo, disclosed during a press briefing at the State Secretariat in Ikeja.
He added that the land charges for 2017, 2018, and 2019 had also been waived which will amount to N5.6Billion loss in revenue.
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