LASPARK, Advertising Association Reaches Agreement On Payment Of Ground Rent

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LASPARK GM

The Lagos State Parks and Gardens Agency (LASPARK) has reached an agreement with the Outdoor Advertising Association of Nigeria (OAAN) on the payment of ground rent on billboards installed in any of the agency’s parks or gardens.

The agreement was reached during a meeting between officials of the Association and the General Manager of LASPARK, Mrs. Bilikiss Adebiyi-Abiola at LASPARK’s Head Office in Agidingbi, Ikeja.

The General Manager, who commended the Association for their commitment to pay the ground rent, explained that the fee was not an additional charge from the state government as initially claimed by the association.

“The payment to the Lagos State Signage and Advertising Agency (LASAA) is an Advertising Permit Fee, which is statutory while the charges from LASPARK is purely a fee for placing billboards on the Agency’s beautified and landscaped…

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