Publisher Facult Of Environmental Design And Management, Obafemi Awolowo University, Ile-Ife
Publication Type Conference
Publication Title Responsive Tax Policy And Real Estate Development: Lessons From The United States
Publication Authors Akinsanya, G.M and Oladapo, R.A.
Year Published 2015

Property tax has been seen as a veritable source of government revenue and governments across the world are not slack in exploiting this avenue of income generation most especially in the municipalities. It is an urban real estate policy that has the potential for stifling or stimulating real estate market. However, a responsive real estate policy is expected to induce desirable behavioural changes with significant and beneficial outcomes to all stakeholders (market participants). Going by the vision 20: 20:20 housing theme and the growing population of the state like Lagos where Land Use Charge (LUC – a property tax) is more operational in Nigeria, one would expect that the law that established it would be made responsive to the housing need of its populace. Learning from developed countries through literature survey, the split-rate system of property taxation has been found to be responsive to housing needs of some urban centres by stimulating real estate development in the cities involved. The paper therefore presents the role that split-rate could play in revenue generation real estate development in Nigeria and the importance of rate setting in property tax administration. The paper further examine the argument against and in favour of split-rate and drawn lessons for Nigeria from international experiences.

The paper suggest that the split-rate be employed in Nigerian cities as it has the potentials for capturing improvements made to land value, curb land speculation, reduce inefficient use of urban land and stimulate property development in general, and housing production for urban populace in particular. 

Publisher International Journal Of Current Research
Publication Type Journal
Publication Title Incidence Of Land Use Charge Of Lagos State
Publication Authors Akinsanya, G.M.
Year Published 2016

The Land Use Charge Law of Lagos state combined the three existing land taxes: the land rate, neighbourhood improvement charge and tenement rate with a view to generating more revenue for the provision of infrastructural services, and also to prohibit multiplicity of property taxes. The law stipulates that property owners are liable; meanwhile, economic theory suggests tax burden depends largely on elasticity of demand and supply. The paper sought the opinion of property owners and Estate Surveyors and Valuers in Lagos, Nigeria on the incidence of the Land Use Charge (LUC). Questionnaires were randomly administered on Estate Surveyors and Valuers and purposively on landlords. Data were analysed using descriptive statistics. Findings reveal that though property owners are statutorily liable, the respondents believe that LUC should be borne by both the property owners and tenants, and in most cases, the incidence of the tax has been shifted to tenants. The paper concludes that in any populated city like Lagos, where demand for real estate products is always on the rise, incidence of property tax irrespective of the position of the law may be unavoidable borne by tenants either partially or in whole. 

Publisher International Journal Of Geography And Environmental Management
Publication Type Journal
Publication Title Housing Needs Of Nigerian University: A Case Of Obafemi Awolwo University, Ile-Ife
Publication Authors Akinsanya, G.M and Adewusi, A.O
Year Published 2017

Globally, housing is recognized as one of the basic necessities of life and a pre-requisite for human survival. Similarly, adequate provision of staff housing in a university has been found to have notable impacts on the university system. The paper examines the housing stock in the Obafemi Awolowo University staff quarters in Nigeria and identified the various house types and their accommodation details. It also examines the demand for accommodation units and the actual number of applicants accommodated within five years in the staff quarters. Archival record, questionnaires and interview were used for data gathering. Questionnaires were purposively administered to the Secretary to the Housing and Allocation Unit, and the Estate Officer of the Division of Works and Maintenance of the Obafemi Awolowo University. Data were analysed using descriptive statistics.

Findings revealed that the university was replete with wide range of house types and there were 732 houses in the university staff quarters. Although, there were no additional housing units provided over decades, there was an annual increase in the number of applications for housing primarily due to security challenges and benefit of amenities on campus. The average annual demand for accommodation from 2011 to 2014 was 492 at the senior staff quarters (SSQ) and 136 at the junior staff quarters (JSQ). However, within the same period the average available accommodation in both the SSQ and the JSQ were approximately 23 and 2 units respectively. The paper concludes that staff housing in Obafemi Awolowo University was quantitatively and grossly inadequate.