THE IMPACT OF CORRUPTION ON MORTGAGE DEVELOPMENT IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
In most of the corruption allegations in Nigeria, real estate acquisition is a common phenomenon. Corrupt public office holders are been alleged of acquiring chains of properties in different locations of the country. This paper focused on the reasons behind acquisition of real estate by corrupt public officers and the manipulation in land administration in Nigeria. Literatures were employed to achieve the aim. It is not that these corrupt public officers can’t fulfill their real estate investment dream in a just way, but some societal malfunctioning factors encourage corruption when they were trying to fulfill their real estate investment dream. Some of the factors that encourage corrupt public officers resulting to corruptible means when they are trying to fulfill their real estate investment are: absence of good mortgage system, anti-corruption policy, prestige associated with property ownership e. It was also observed, that real estate market can be a good indicator of corruption just like the financial system if well harnessed. The following solutions were made to reduce real estate acquisition with embezzled funds: Implementing functional mortgage system, monitoring of property transactions, adopting of local building materials, collaborating with built environment professionals, implementing social housing scheme.
Related Project Materials
Investigation into the Impact of Quantum Computing on Large-Scale Weather Prediction in Nigeria: A Case Study of Nigerian Meteorological Agency, Abuja
Background of the Study
Accurate weather prediction is vital for national planning and disaster management. The Nigerian Me...
An Assessment of Nigeria’s National Housing Policy and Its Effectiveness in Kaduna State
Background of the Study
Nigeria’s National Housing Policy (NHP) was formulated to address the growing demand for affo...
An assessment of pragmatic variation in Nigerian Pidgin across different social media platforms
Background of the Study
Nigerian Pidgin is a dynamic and adaptive language, particularly evident in its use on various soc...
Digital Media and Its Effects on Crime Awareness in Gwagwalada Local Government Area, FCT Abuja
Chapter One: Introduction
The Impact of Green Accounting on SME Profitability in Nigeria: A Case Study of SMEs in Abuja
Background of the Study
Green accounting is an accounting practice that includes environmental costs in business decision-m...
INPUT NEEDS OF WATERMELON FARMERS IN GWAGWALADA AREA COUNCIL, FCT
BACKGROUND OF THE STUDY
According to Adeoye (2012), Nigeria has been said to have the capacity to produ...
An assessment of the effectiveness of school monitoring and evaluation programs in primary schools in Damaturu LGA, Yobe State
Background of the study
School monitoring and evaluation (M&E) programs are essential tools for ensuring the quality an...
The Effectiveness of Public Relations in Promoting Awareness of Mental Health Services: A Study of Yola South LGA, Adamawa State
Chapter One: Introduction
1.1 Background of the Study
Mental health has become a global priority...
An Evaluation of Financial Inclusion Strategies in Rural Agricultural Banking: A Case Study of Stanbic IBTC Bank Nigeria
Background of the Study
Financial inclusion is essential for promoting equitable economic growth, particul...
An investigation of the effects of climate change on archaeological sites in Eket Local Government Area, Akwa Ibom State
Background of the Study
Climate change poses unprecedented challenges to the preservation of archaeological sites worldwide...
