Wednesday, 6 April 2016

Aregbesola signs Osun land use law


Osun State Governor, Mr. Rauf Aregbesola
The Osun State Governor, Rauf Aregbesola, on Tuesday said never would his administration base the execution of its programme on allocations from federal revenues again.
The governor, at the signing of the Osun State Land Use Charge Law in Osogbo, stated that previous and present administrations in the state had so much relied on federal allocations and that when the oil glut came, his government could no longer pay salaries and carried out other critical expenditure.
Aregbesola said the state had learnt a lot of lessons from the situation where it had to go cap in hand to the Federal Government for allocations that could no longer take care of the primary needs of the state.

He described suggestions that the state could not be self-sufficient in the light of its human and material endowments as an insult, saying looking inward for progress had now become a must.
The main objective of the new law, according to him, is to generate additional revenue and provide for a single property charge, which replaces all other state and local government taxes on real property, including taxes like tenement rates, ground rents and neighbourhood improvement charges.

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