0704-883-0675     |      dataprojectng@gmail.com

THE NIGERIAN PROPERTY RATING SYSTEM: A CRITICAL ANALYSIS

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

STATEMENT OF THE PROBLEM

The local government reform law gave the function of rate collection to the local authorities. The valuation unit in the old Anambra State was staffed by civil servants. The unit organized tenement rating and prepared valuation list which were after due procedure sent to the rating authority to serve demand notices and collect tenement rates.

One of the greatest rating problems in most rating authorities is the problem of collection. The weak or ineffective administration has resulted in a high rate of default. For example in 1978/79 in the whole of Enugu north 21% of the estimated rate revenue was collected. Some rating authorities are now embarking on a commission basis.

The question of prosecuting defaulters is not actively pursued in most local rating authority areas for two reasons:

  1. Most of the defaulters are the élites who will adjudicate such cases.

  2. For political expediency landlords are political power brokers who chairmen of local rating authorities would not like to embarrass by prosecution.

Part xiii of this Edict captioned “Rating” which includes sections 103 to 146 empowers a local government area, in other words, a rating areas to impose property rating on property owners as a source of revenue raising. In Enugu state in general, and Enugu North local government in particular, weaknesses are readily discernible in the present property rating structures which in retrospect, prevents successful implementation of their service. Most of the property rating administrators at the local government headquarters is mere technicians, others basely literate which in no less measure hamper their sense of judgments as per the nature of the properties they collect data from, to be used by the rating valuers in the ministry of local government as Enugu, to arrive at the annual values of the properties. This problem was aggravated during the political era when employment opportunities were nation on political rather than qualification basis.

In collation with this, most property owners in Enugu are illiterates and do not know their rights.  Most of them do not know why they should pay property rate at all. Added to this ugly situation is the ambiguity mounted by the assessors (valuation officers) in their notice to the property owners indicating the assessed value thereof. They only show the assessed annual value with out signifying the actual rate payable. When most of landlords see these, they simply deafen their ears, and blatantly refuse to pay, misconstruing the annual value as the rate payable value. They are only brought to attention of this premise by litigation, which is not the best interest of the local government, the cost and time consummations.

Another factor is how to equate the rating burden of the property owners in the locality with the value of services provided by the government activity. Implicit in this problem is the question of how to improve the current deplorable situation and weakening rural development programs via sound administration of property rating revenue.     

1.3 OBJECTIVES OF THE STUDY           

The main objective for the introduction of property rating in the local government is to raise revenue from the source. Revenue, thus generated are utilized by the local government where the tenements/properties are located to provide essential service which the government grants cannot easily take care of.

      Local government provides essential services such as the supply of water and electricity, repair of wads and bridge, supplementing of the government grant for the payment of staff salaries not employed by the government. They also, have the responsibility to provide good drainage system and the planning of their local government area.

It is a fact that no government could long exist without the power to levy and collect taxes.(Barlowe.R)goes on to contend that the power to tax is the one great power upon which the whole national fabric is based. It is necessary to the existence and prosperity of the nation as the air he breathes is to the natural man. Thus the taxing power provides government with the major portion of revenues they use to finance their many operations and function, and it also provides a tool they can use for various fiscal and regulatory purposes.




FIND OTHER RELATED TOPICS


Related Project Materials

PERCEPTION OF FEMALE STUDENTS TOWARDS SEX EDUCATION IN NIGERIA

ABSTRACT

This study focuses on the perception of female students towards sex Education in the Universit...

Read more
KNOWLEDGE ATTITUDE AND ACCEPTANCE OF FAMILY PLANNING PRACTICE AMONG MARRIED MEN IN OKU CLAN IN UYO LGA

Background of the Study

Family planning among couples is a topic that is rarely talked about as the pra...

Read more
EXCHANGE RATE FLUCTUATION AND EXPORT PERFORMANCE IN NIGERIA (1961-2011)

ABSTRACT

This study “exchange rate fluctuation and export performances in Nigeria” aim to determine the effect of foreign exc...

Read more
CONSTRUCTION OF MICROCONTROLLER BASED VEHICLE SPEED ALARM.

ABSTRACT

The project is based on Construction of microcontroller vehicle speed alarm system which automatically warns the driver by activ...

Read more
THE EFFECT OF EXCHANGE RATE FLUCTUATION ON THE NIGERIAN MANUFACTURING SECTOR 1986-2014

Background of the study

Following the fluctuation of the naira in 1986, a policy induced by the structural adjustment pr...

Read more
THE IMPACT OF EDUCATIONAL FACILITIES ON THE ACADEMIC PERFORMANCE OF STUDENTS IN SENIOR SECONDARY SCHOOLS IN LAGOS STATE

EXCERPT FROM THE STUDY

  1. Educational facilities such as school libraries, Instructional materials, adequate classr...

    Read more
    THE INFLUENCE OF PROJECT PLANNING ON PROJECT OUTCOMES

    Abstract: This research examines the influence of project planning on project outcomes, with objectives to:...

    Read more
    THE EFFECTIVENESS AND CHALLENGES OF CBN CASHLESS POLICY ON RURAL BUSINESS DEVELOPMENT

    Abstract

    This study is on the effectiveness and challenges of CBN cashless policy on rural business development. The tot...

    Read more
    EXAMINATION OF CAUSES OF CONSTRUCTION PROJECT FAILURES AND ABANDONEMTS IN NIGERIA

    Abstract

    Abandoned projects and construction failures includes construction projects and civil infrastructure developme...

    Read more
    NOTION OF FREEDOM IN JEAN PAUL SARTRE

    GENERAL INTRODUCTION

    The topic of this study is Sartre’s notion of freedom. The notion of fr...

    Read more
    Share this page with your friends




whatsapp