RATING ADMINISTRATION IN NIGERIA
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RATING ADMINISTRATION IN NIGERIA
ABSTRACT
Property rating in Nigeria is a significant contribution of knowledge in the field of rating administration in Nigeria has not been given the respect it deserves as a vital item of re venue for local government agencies that rely primarily on funding from the federation account.
Local government administrations in wealthy countries around the world rely heavily on revenue from property grading to fund their activities.
Because the majority of local governments are cash-strapped and impoverished. Most of them find it nearly impossible to run properly because they lack a deeply ingrained viable revenue base.
This thesis proposes solutions to the challenges associated with the ongoing shortage of trained personnel in rating administration.
CHAPITRE ONE
1.1 INTRODUCTION
Property Rating, often known as local taxes, refers to assessments imposed by local governments on owners, occupiers, or users of landed property. Owners of landed property in Nigeria are taxed, whereas occupiers are taxed in the United Kingdom.
The goal of rating valuation is to arrive at a figure known as ratable value, from which rates are levied on rate payers in the naira to cover the local government’s expenses.
Property rate profits in Nigeria are planned to be utilised for specific projects such as water supply, rubbish disposal, street lighting, community centres, highways, and marketplaces, and local infrastructure maintenance.
The purpose of this thesis is to examine rating administration in Nnobi, in the Idemili South local government area of Anambra State.
1.2 BACKGROUND OF THE STUDY
While little or nothing was coming in from the Federal and State governments, it was difficult not to witness the local government groaning under its liabilities. The fourth Republic took a turn for the worse for local governments with the zero allocation crises.
Local governments should produce their own revenue to ensure their long-term viability.
This paper investigates the current system of property rating administration in local government.
1.3 STATEMENT OF THE PROBLEM
A research of this type might be broad, but this one focuses on all of the statements made in support and opposition to property rating in Nnobi Idemili South Local Government Area.
Administration and implementation, say supporters, have been the system’s undoing.
The unacceptable state of affairs is being investigated in order to enhance this service. The issues I hope to address through this research are as follows:
i. Personnel issues
ii. Ignorance and absence on the part of the landlord
iii. Inadequate materials iv. Inadequate records v. Lack of interest in Rating
vi. Inadequate street and housing numbering.
1.4 OBJECTIVES OF THE STUDY
1. To investigate the administrative machinery of the Idemili South Local Government Area.
2. To compare the revenue sources in Idemili South Local Government Area to those in other local government areas.
3. To assess the performance of the grading system and practise to see if it can be improved.
4. To propose proposals for improved methods of property rating administration.
5. The technique for rating the system’s implementation.
6. To identify some of the issues impeding effective and efficient property grading in Idemili South Local Government Area.
1.5 SCOPE OF THE STUDY
This study is the result of a hereditament inspection in three of the fourteen (14) zones in Idemili South Local Government Area.
To save money and effort, a sample of the three zones covered by the fourteen is used as a guide in the examination of the income pattern of Idemili South Local Government Area.
Better equipment has been installed to collect the rate. Property owners/occupiers are typically required to pay their rates as the rewards of democracy began to reach the people in the shape of improved roads, electrical supply, security, and so on.
Without grading administration, settling at a sum to be assessed on people will be difficult.
1.6 SIGNIFICANCE OF THE STUDY
This study will identify reasons for reforming the state’s current property rating administration system.
It will also provide suggestions on how to create a property grading system and practises in the Idemili South Local Government Area.
More effective and efficient, with less reliance on federal allocations, which are now unstable and insufficient.
This study will benefit both the Idemili South Local Government Authority and other local government bodies tasked with rating administration.
1.7 LIMITATIONS OF THE STUDY
The cost of doing a larger-scale study was a significant constraint of this study.
Even though the researcher had completed three filed investigations, access to the others would have been accessible if money had been available.
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