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Directorate of Accounts

Head of Directorate

Taiwo Ogedengbe

Executive Secretary (tpogedengbe@lagosstate.gov.ng)

Functions and Activities

The Accounts Directorate of the Bureau undertakes the following:

  • Ensure safe – keeping of all funds of the Bureau
  • Ensure proper recording of all Accounting records on all transactions emanating from other Directorates of the Bureau.
  • Handles all Bank related transactions for the Bureau.
  • Processes and disburses funds to employees of the Bureau and third parties having claim on it.
  • Opens and Processes Variation Cards for the Bureau employees.
  • Pays monthly salaries for the employees of the Bureau
  • Updates all record books of the Bureau
  • Renders report(s) to third parties in the prescribed form and on timely basis
  • Opens and maintains appropriate Cash Books
  • Ensures thorough reconciliation and prepares due Bank Statements
  • Advises Management on financial matters
  • Ensures proper monitoring and accounting of revenue
  • Complies and defends the yearly budget proposals and ensures effective budgetary control by matching budgeted figures with actual expenditure or revenue.

Types of Revenue collected at the Lands Registry

S/N

PRODUCT

PRICE (N)

 1  Search  3,750.00
 2  Certified True Copy  5,625.00
 3  Survey Plan for C.T. C of Deed
for C.T. C of Title
Composite Plan
1,875.00
5,625.00
37,500.00
 4  Withdrawal of caution 13,500.00
 5  Court Order 15,000.00
 6  Court Judgement  15,000.00
 7  Deed of Rectification  18,750.00
 8  Memorandum of Loss  18,750.00
 9  Deed of Surrender  18,750.00
 10  Mortgages  0.5
 11  Release of Mortgage  18,750.00
 12  Deed of Assent  37,500.00
 13  Vesting Deed  37,500.00
 14  Change of Ownership  37,500.00
 15  Lost Certificate  37,500.00
 16  Caution  28,125.00
 17  Up-stamping  1.5%
 18  Supplement Deed  3%
 19  Deed of Assignment  3%
 20  Sublease  3%
 21  Lease  3%
 22  Certification of Purchase  3%
 23  Transfer  3%
 24  Gift  3%
 25  Agreement  3%

Mode of Payment

Payment Advice to be obtained from the Revenue Office for PID Number generation after which payment is effected in the Bank and receipt collected immediately.

Types of Revenue collected at Land Services

 FORM 1C N1, 500.00
 –  ENDORSEMENT N3, 000.00
 –  CHARTING N7, 500.00
 –  OTHER FEES (Consent, NIC etc) based on percentage of value of property.

Mode of Payment

Obtain Payment Advise from the Revenue Office for PID Number generation and appropriate Code and pay to any Government accredited Bank for instant issuance of receipt.

Types of Revenue collected at Land Services

 GENERAL N5, 000.00
 – COMMERCIAL N20, 000.00
 – PRIME N10, 000.00
 – REGULARISATION N5, 000.00
 – REGULARISATION (COMMERCIAL) N10, 000.00
 –  C of O (GENERAL) N5, 000.00
 – OBJECTION FORM N20, 000.00
 – PRIVATE ESTATE DEVELOPER N20, 000.00

Mode of Payment

Collect Payment Advice from the Revenue Office for PID Number generation. Pay to any Government accredited Bank and obtain receipt instantly and thereafter collect form at the Revenue Office.

Mode of Payment for Allocation of Land

  • Obtain appropriate bank drafts
  • Endorse photocopy of Allocation Letter with the Scheme Officer
  • Obtain Payment Advice for PID Number generation
  • Pay into Banks NOTED ON THE PAYMENT ADVICE
  • Obtain receipts instantly from the Bank
  • Proceeds to service point for lodgment of receipts

 

 APPLICATION CODE REVENUE CODE AGENCY CODE
 LAND CHARGES  404002  4520000
 REGISTRATION & CONVEYANCE  0008388  4520000
 APPLICATION FORMS  4040087  4520000
 PUBLICATION  4040003  4520000
 CAPITAL CONTRIBUTION  4530002  4520000
 GROUND RENT  4040002  4520000

NOTE:

  • Capital Contribution on Prime Land Allocation is payable to New Towns Development Authority (NTDA).
  • All enquiries on Payment should be made at the Accounts Directorate “Revenue Section” Lands Bureau. Applicants are advised to collect Payment Advice from the Revenue Section before making any Payment to avoid payment into the wrong Agency and/ or Revenue Code.

LIST OF LAGOS STATE GOVERNMENT APPROVED BANKS.

  • ACCESS BANK PLC
  • FIDELITY BANK PLC
  • IBTC CHARTERED BANK PLC.
  • ECOBANK NIG. PLC.
  • UNITY BANK PLC.
  • FIRST CITY MONUMENT BANK PLC.
  • FIRST BANK PLC.
  •  GUARANTEE TRUST BANK PLC.
  • SKYE BANK PLC.
  • STERLING BANK PLC.
  • UNITED BANK FOR AFRICA PLC.
  • ZENITH BANK PLC.
  • HERITAGE BANK PLC.
  • WEMA BANK PLC.
  • UNION BANK PLC.