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 contentv
CHAPTER ONE
1.1Introduction 1
1.2Background of the study 2
1.3Statement of the problem 2
1.4Objectives of the study 3
1.5Scope of study 4
1.6Significance of study 5
1.7Limitation of study 5
CHAPTER TWO
LITERATURE REVIEW 6
2.1The Development of Rating in Nigeria 6
2.2Property Rate and Rating 13
2.3The local government and its finance 14
2.4Definition of terms 16
2.5.1Rate Nairage 16
2.5.2Gross Annual value 16
2.5.3Net Annual value 17
Reference18
CHAPTER THREE
RESEARCH METHODOLOGY19
3.1Date sources 19
3.1.1Primary sources 19
3.1.2Secondary sources 20
3.2Determinist of the local government 20
3.2.1The urban area of the local government 21
3.3The process of Rating in Idemili South
Local Government Area. 22
3.3.1Meetings with the workers 23
3.3.2Recruitment and training of staff 24
3.3.3Enumeration 25
3.4Psychical inspection 25
3.5Record of field work 26
3.6Valuation stage 26
3.7Provisional valuation list 27
3.7.1Objection and final valuation 28
3.8Rate collection.
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS 30
4.1Factors militating against efficiency of property
rating in Idemili South local Government Area. 35
4.2Immobility and inadequacy of tools 35
4.3Lack of proper records 36
4.4Lack of adequate material resources36
4.5Non-prosecution of defaulters 37
4.6Apathy towards rating 37
CHAPTER FIVE
5.1Summary of Finding 40
5.2Recommendation 41
5.3Conclusion 43
Questionnaire44
Bibliography 46
