Challenges Associated With Property Rating in Nigeria (A Case Study of Abeokuta North Local Government in Ogun State)

SYNOPSIS

            Property rating is not a new phenomenon in history; it is as old as a man himself. The payment of tax was originated as man learnt to live together in an organized community. In Africa society for instance, grown up males are often participating in a communal labor to maintain the path way leading to village, farm kinds, construction of roads, public square.

            In view of the above historical facts, Abeokuta North Local Government Area is been involved in the course of rating exercise. This was backed up by the tenement rate edict of 1995, an edict that makes provision for the levying and collection of tenement rate on properties in Ogun State. The effective year that the local government under study started the exercise was 1996, while they did re-assessment in 1995, up till date.

            The local government in responsible for collection of the tenement rate but they are proposing to give it to a quality estate surveyor and valuers who is capable to collect the rates.

            This study is meant to confirm the challenges of property rating within the period of 1996 till date as well as to evaluate some of the benefits and problems confronting the success of rating exercise and the importance of property rating which make it serves as a durable source of revenue to the local government.

TABLE OF CONTENT

Title page

Certification

Dedication

Acknowledgement

Synopsis

Table of contents

CHAPTER ONE

1.0             INTRODUCTION

1.1             Statement of  problem

1.2             Aims and objectives

1.3             Significant of the study

1.4             Scope of the study

1.5             Limitation of the study

1.6             The study area

1.7             Definitions of terms

CHAPTER TWO

2.0             LITERATURE REVIEW

2.1             Historical background of property rating in Nigeria

2.2             Method of rating assessment

2.3             Property rating authority

2.4             Rating authority

2.5             Types of property tax

2.6             Major types of property

2.7             Property rating process

2.8             Tenement rate as a source of revenue generation

 

 

CHAPTER THREE

3.1             RESEARCH METHODOLOGY

3.2             Introduction

3.3             Research design

3.4             Population o the study

3.5             Sample of the study

3.6             Sample size

3.7             Sampling technique

3.8             Data for the study

3.9             Instrument for data collection

3.10          Design of questionnaire

3.11           Procedure for the administration of the questionnaire

3.12          Procedure for the collection of data

3.13          Tools for data analysis

3.14          Problems encountered

CHAPTER FOUR

4.0       DATA INTERPRETATION AND ANALYSIS OF DATA

4.1       Introduction

4.2       Analysis of data

4.3       Analysis of questionnaire

4.4       Interpretation of data

CHAPTER FIVE;

 SUMMARY, CONCLUSION AND RECOMMENDATION

5.1             Summary of findings

5.2             Conclusion

5.3             Recommendation

References

            Appendix