ABSTRACT
Property rating in Nigeria is a major contribution of knowledge in the area of rating administration in Nigeria has not been accorded the priority it deserves as an important item of re venue for local government authorities which rely mainly on funds from the federation account.
In developed countries of the world, local government authorities depend to a large extent on the revenue from property rating to finance their programmers.
Because most local governments are cash strapped and indigent. They find it almost impossible to function efficiently most of them have no deeply entrenched viable revenue base.
This thesis proffers solution to the problems in order to solve the perennial shortage of skilled manpower in rating administration.
TABLE OF CONTENT
Title page i
Certification page ii
Dedication iii
Abstract iv
Table of content v
CHAPTER ONE
1.1 Introduction 1
1.2 Background of the study 2
1.3 Statement of the problem 2
1.4 Objectives of the study 3
1.5 Scope of study 4
1.6 Significance of study 5
1.7 Limitation of study 5
CHAPTER TWO
LITERATURE REVIEW 6
2.1 The Development of Rating in Nigeria 6
2.2 Property Rate and Rating 13
2.3 The local government and its finance 14
2.4 Definition of terms 16
2.5.1 Rate Nairage 16
2.5.2 Gross Annual value 16
2.5.3 Net Annual value 17
Reference 18
CHAPTER THREE
RESEARCH METHODOLOGY 19
3.1 Date sources 19
3.1.1 Primary sources 19
3.1.2 Secondary sources 20
3.2 Determinist of the local government 20
3.2.1 The urban area of the local government 21
3.3 The process of Rating in Idemili South
Local Government Area. 22
3.3.1 Meetings with the workers 23
3.3.2 Recruitment and training of staff 24
3.3.3 Enumeration 25
3.4 Psychical inspection 25
3.5 Record of field work 26
3.6 Valuation stage 26
3.7 Provisional valuation list 27
3.7.1 Objection and final valuation 28
3.8 Rate collection.
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS 30
4.1 Factors militating against efficiency of property
rating in Idemili South local Government Area. 35
4.2 Immobility and inadequacy of tools 35
4.3 Lack of proper records 36
4.4 Lack of adequate material resources 36
4.5 Non-prosecution of defaulters 37
4.6 Apathy towards rating 37
CHAPTER FIVE
5.1 Summary of Finding 40
5.2 Recommendation 41
5.3 Conclusion 43
Questionnaire 44
Bibliography 46