Oyo State's Land Use Charge is a state-level annual property tax under the Land Use Charge Law, 2023 — distinct from Lagos's and Ogun's own state-level property taxes and from Nigeria's federal taxes — charged on your property's land and building value, from 0.01% for agricultural land up to 0.375% for commercial and rented residential property.
The rate table and ₦2,500 statutory minimum are confirmed at government-source confidence, taken directly from the Oyo State Land Use Charge Law, 2023's own Schedule I and Section 7(2). What's not fixed: your land value, building value, and Property Code Rate are your own estimates, and the early-payment discount percentage comes from your own demand notice, not a published rate.
Oyo's formula is LUC = M × [(LA × LV) + (BA × BV × PCR)] — a single rate M (set by property category, Schedule I) applied to your land area × land value plus your building area × building value × Property Code Rate. Eight categories carry their own M rate, from 0.01% for agricultural land to 0.375% for commercial or rented residential property, and every non-exempt property owes at least ₦2,500 a year regardless of assessed value. Since no source publishes a table for LV, BV, or PCR, this calculator asks for your own honest estimate of each — pick your property category above, and select an exemption if one applies.
It's Oyo State's own annual property tax under the Land Use Charge Law, 2023 — separate from the federal taxes TaxLane's other calculators cover, and separate from Lagos's and Ogun's own state-level property taxes. It applies to land and buildings within Oyo State only.
Seven categories are fully exempt under Section 8(1): property owned and occupied by a religious body and used exclusively as a place of worship or for religious education; public cemeteries and burial grounds (profit-oriented ones excluded); registered non-profit educational institutions; public or non-profit private libraries; palaces of recognized Obas and Chiefs; property used for an orphanage, childcare, or other philanthropic purpose; and Oyo State Government or other state-owned property. A separate full exemption also applies to residential homes owned and occupied by pensioners who have applied for and been granted it. Any of these can be forfeited if the property's use or occupier changes to a non-qualifying one. This list isn't exhaustive, either — other exemptions may apply by Gazette notice at the Governor's discretion, so confirm with the Commissioner if you think your property could qualify outside these categories.
Oyo's own professional valuers set the neighbourhood-level land value, building value, and Property Code Rate used for official assessments, but none of the three are published anywhere for this calculator to draw from — so it asks for your own honest estimate instead. That's also why your result may not match the state's own assessment.
Yes — Section 7(2) sets a hard floor of ₦2,500 a year on the total charge for every non-exempt property, regardless of assessed value. There's no maximum charge or cap anywhere in the Law.
The discount mechanism itself is confirmed — Section 10(5) lets the Commissioner reduce your charge if you pay within 15 days of your demand notice — but the Law leaves the exact percentage to the Commissioner's discretion per notice, rather than fixing a number. The only concrete figure found (15%) is explicitly dated to the now-repealed 2012 Law, so enter the percentage from your own current demand notice rather than assuming a fixed rate.
Yes, it's free with no account needed. Calculations run on your device and are never sent to a server.
No — for guidance only, not tax advice.
Sourced from the Oyo State Land Use Charge Law, 2023's own Schedule I — see full citations →