Land Charge
Land Charge Calculation
The Land Charge is determined based on a combination of the plot size (in square meters) and the designated land use or purpose.
For example, a plot measuring 500 square meters, located in Zone A1 of Ilorin and designated for residential use, would attract a ground rent calculated as follows:
₦13.20 per sqm × 500 sqm = ₦6,600