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Stock Watch:
Nigeria > Nigeria
Delta State to charge ground rent
By Abel Krabee
September 19, 2013 19:14:30pm GMT | Views: 20
Gov Emmanuel Uduaghan

WorldStage Newsonline-- Delta State Government has announced plans to start collectingground rent from property owners across the state.

 

Commissioner for Lands, Mr. Patrick Ferife said the decision to fully enforce the payment of ground rent was reached in Asaba at a meeting between officials of the state internal revenue board and officials of the Ministry of Lands, Housing and Urban Development.

He said government has not been maximising the opportunity created by law for the collection of ground rent to boost its revenue profile and that Land Use Act vested all lands within the territory of the state on the state governor for management, adding that each property/plot owner was required by law to pay rent to the governor.

According to him, the focus for now will be on urban centres of the state even as he spelt out the rates for both commercial and residential plots/property.

“We have plots designated for residential and those for commercial. For instance in Asaba, commercial plots are calculated as N100 per metre whereas it is N50 per metre for residential plot,” he explained.

Ferife said ground rent was not new but that property/plot owners have continued to default in their civic responsibility, insisting that the practice must stop as government was going all out to enforce the law to the letter.

“Like I said, we are setting up a task force to move from house to house to collect the rent. One of the challenges we have been having is that those that pay ground rent are those whose properties are registered and you find out that a very high percentage of property owners have not registered their properties or plots.

 “But we are going to change that with the establishment of this task force. So, whether you register your property with the ministry or not, we are coming to you with the demand notice.”

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