Some operators in the building construction industryon Saturdayjoined in showing dissatisfaction with the level of reduction in the Land Use Charge (LUC) announced by the Lagos State Government.
The state government, following public outcry on its hike in the charge, hadon Thursdayannounced various reliefs, with some reduction.
But several groups have continued to express dissatisfaction, adducing various reasons for their positions.
Olayemi Shonubi, vice president of the Nigerian Institute of Quantity Surveyors (NIQS), told the News Agency of Nigeria (NAN) in Lagoson Saturdaythat the government had not justified the review, which affected only few sections.
According to him, the reduction will make no economic impact if a wholesome amendment is not made to other sections of the law on the charge.
He said this was necessary considering the requests of the stakeholders, landlords and professionals in the sector.
“Let the entire LUC law be taken back to the House of Assembly for complete overhaul, review and amendment, such that the rate of reduction, penalities removal, installmental payment and conditions may be enacted into the law.
“It is only when the law is wholesomely reviewed to meet with value of the property over time, that it will be of economic importance to the residents of the state.
