The Osun State Government has sent the Land Use Charge bill to the state’s House of Assembly for passage into law.
The bill would focus on reviewing the state’s tax policies, particularly tenement rates and Lands Use Charge.
The Osun State Deputy Governor, Titilayo Laoye-Tomori, told a public hearing of the Land Use Charge Bill 2014 that implementation of the bill would help to improve the state’s Internally Generated Revenue (IGR).
Other speakers at the public hearing agreed that the state needs to look inward to boost its IGR in order to augment its receipts from the federal allocations.
They appealed to residents and land owners in the state not to see the passing of the bill into law as extortion, but a necessity, as stated by the law to help boost the economy of the state.