Najia Pulse logo
Business

Kogi Revenue Service Unveils Progressive Land Tax Incentives

Kogi State revolutionizes property taxation with progressive early payment incentives, demonstrating innovative governance through strategic tax reforms aimed at sustainable development.

ParTunde Okoro
Publié le
#kogi-state#taxation-policy#revenue-service#property-tax#governance#infrastructure-development#nigerian-economy#public-administration
Image d'illustration pour: Land Use Charge: Kogi Revenue Boss Assures Land Owners' Benefit Of Paying Early

KGIRS Executive Chairman Alhaji Sule Salihu Enehe announces progressive Land Use Charge reforms

Kogi State Launches Strategic Tax Reform with Early Payment Benefits

In a bold move to modernize revenue collection and boost development, the Kogi State Internal Revenue Service (KGIRS) has announced significant incentives for early payment of Land Use Charge (LUC), demonstrating a commitment to fair taxation similar to recent progressive tax reforms across Nigeria.

KGIRS Executive Chairman, Alhaji Sule Salihu Enehe, revealed a tiered discount system that rewards prompt payment, showing how Nigerian states are implementing innovative governance solutions.

Strategic Payment Incentives

  • 15% discount for payments within 5 days
  • 10% discount for payments within 15 days
  • 5% discount for payments within 25 days

This initiative aligns with broader national efforts to enhance infrastructure development through efficient revenue generation.

Key Benefits of Land Use Charge

  • Accurate property value assessment
  • Streamlined property registration
  • Enhanced land allocation efficiency
  • Local employment opportunities
  • Comprehensive property database development

Notable Exemptions

"The tax obligation section of the Land Use Charge focuses on property used for lease and commercial purposes, with careful exemptions for religious, educational, and community properties," stated Chairman Enehe.

The exempted properties include:

  • Religious properties used for worship or education
  • Public cemeteries and burial grounds
  • Non-profit educational institutions
  • Public libraries
  • Traditional rulers' palaces
  • Community gathering spaces
  • Pensioner-owned and occupied properties

Tunde Okoro

Nigerian journalist with a Pan-African voice. Covers politics, sovereignty, and social justice across West Africa.