15 research outputs found
Biochemical and Structural Characterization of the budding yeast protein Pdp3
No full textAuthor Ibidolapo Atinuke AdekoyaZusammenfassungen in deutscher und englischer SpracheMasterarbeit Universität Linz 201
A review of public housing delivery system in Ogun state, Nigeria
No full textThe importance of housing in Nigeria and the various housing strategies formulated by the Ogun state government in solving housing problems and efforts that have been made to-date has been acknowledged. Despite those efforts, it seems that much has not been achieved in terms of the availability of affordable housing. This paper provides a review of the housing programmes as well as public housing delivery in Nigeria with a further examination of the public housing delivery in Ogun State. In order to achieve this aim, a review of the relevant literature pertaining to public housing is made. A primary data gathering exercise is made with the senior officials at the Ogun State Housing Corporation (OSHC) to uncover the challenges as well as the strategies in place for the provision of affordable housing in Ogun State. The data was then supported with data from housing files obtained at the agency. It was revealed that OSHC has four (4) basic public estates in which allocation is made to the public. It was also noted in this study that (OSHC) is tilted to profit-making instead of social welfarism. This has made housing less affordable to the low and medium income earners
Housing accessibility constraints amongst public servants in Ogun State Nigirea - a case of Ota, Ogun State
No full textThis study examined the constraints in housing ownership amongst public servants in Ota, Ogun State. The work specifically sought to find the factors that could affect housing accessibility among target population in the study area. In achieving the aim of the study, survey was conducted among the selected population which was later confirmed with interviews. The causative factors of housing constraints were tested with the use of one-way ANOVA to test the significant difference in the response of the respondents and POST- HOC was used in the ranking of these factors. It was revealed that finance and institutional impediments are the two major factors amongst others that affect housing accessibility in the study area among public workers. Narrative and descriptive research designs in form of tables, bar charts and theoretical analysis were adopted. The study thus recommends that mortgage institutions and finance houses to have a special consideration and arrangement to public servants and low-income earners so as to increase of descent residential properties in major cities in Nigeria
A Framework For Boosting Revenue Generation From Land Taxes in Ogun State, Nigeria
No full textThe study developed a framework for boosting revenue generation from land taxes in Ogun State Nigeria. The choice of Ogun state was hinged on the fact that it is both an economically and an industrial state. It exhibits the dynamism of land activities traceable to land taxation. Data were collected through a well-structured questionnaire, personal interviews and review of government documents were also conducted. Questionnaires were administered to the 23 top management staff at the Board of Internal Revenue Services in Ogun State. Personal interviews were also conducted. Using the frequency table and SPSS to analyse, the result revealed that government does not have enough information on property, property owners and property transactions. These which affected the revenue from land taxed to fall-short. In conclusion, land titling should be made compulsory and at the same time be flexible, so that government can have access to property information which will in turn improve revenue mobilisation for the state government
Critical Examination of the Relationship Between Land Taxation and Total Internal Revenue Generated in Kano State, Nigeria
No full textThe study examined the relationship between land tax and total IGR as well as the proportion land taxes constitute in the total IGR for a period of twelve years. Data were collected through a well-structured questionnaire, personal interviews and review of government documents. Questionnaires were administered to the 31 top management staff at the Board of Internal Revenue Services in Kano State. At the Bureau of Land Management in Kano State, questionnaires were also administered to 25 senior cadre officers. Personal interviews were also conducted. Using the Pearson Correlation Coefficient, the result of the study showed that there was a positive relationship between land taxes and total IGR in Kano States and the strength of association was strong i.e., (0.989) in Kano State. By implication, land tax forms a major source of revenue in the two study areas. In view of this, the study concluded that for government to continue to provide the necessary infrastructure and also maintain them through revenue from land tax, government needs to take into consideration a good property statistics and information together with the property owners, tax laws need to be reviewe\d to tackle tax evasion and at the same time, government should be ready to give proper account of revenue realised through land taxation and this should be published accordingly
The Impact of Infrastructural Facilities on Residential Property Development in Ota, Ogun State Nigeria
No full textThere has been growing financial investment interest in infrastructural facilitiesdespite the security and economic situation in Nigeria. However some cities are growingfaster than others. The current paper attempts to assess the impact of infrastructuralfacilities on residential property growth in Ota, Ogun State with a view to having adeeper knowledge of residential property development growth in the study area. To attainthis, questionnaires were distributed to registered estate surveying and valuation firms inOgun State. Also, personal in-depth interviews were conducted. Questionnaires were alsoadministered to 89 randomly selected clients of the estate surveying and valuation firms‟management portfolio in the study area with a 74% retrieval rate. Data gathered wereanalysed using frequency distribution tables and component bar charts. The study showedthat the provisions of infrastructure like industries, educational institutions and roadswere major contributors to property growth in the study area. The study recommends thatthe State government needs to monitor the proper maintenance of the provided facilitiesand invest more on infrastructure in the years ahead.Keywords: Property growth, infrastructural facilities, land acquisition, Ota
Property Portfolio Performance of WEMABOD Estates Ltd
No full textThe contribution of an effective corporate property asset management to an organisation’s core business activity cannot be overlooked. It is therefore necessary to identify and characterise those aspects of management that contribute to an enhanced level of performance. This study therefore assesses the property performance within the property portfolio of WEMABOD Estates, Lagos, Nigeria. In achieving this, questionnaires were distributed among members of staff in the Estate Department and the Legal unit. Interviews were also randomly conducted among tenants and the technical staff of the organisation on the maintenance policy of the organisation. Data were also obtained from the company’s record. Data generated were analysed using regression analysis and ANOVA. Data presentation was through the use of bar charts, frequency distribution tables and line graphs. The results showed that the organisational structure of a real estate organisation plays a critical role in its investment performance. The study recommends that WEMABOD estate requires a high degree of consistency in the organisation to continue to ensure a reasonable standard of management.Keywords: property portfolio, property management, property investment and real estate practice
Modern Approach to Property Development Appraisal
No full textThis research evaluates the appraisal techniques employed by property developers in Lagos metropolis with a view to addressing the basic problems involved in investment appraisal as well as the adoption of modern appraisal techniques. Structured questionnaires were administered on a total sample size of 190 Estate Surveying and Valuation firms in Lagos while 129 were retrieved. The study found that payback period, accounting rate of return and internal rate of return were the most used traditional methods of appraisal techniques. Also, a low level of usage of the modern appraisal techniques was noted. The study revealed that the choice of viability techniques were based on appropriate viability criteria, ability of the method to consider basically the returns inherent and the simplicity of the technique were the major reasons influencing the choice of development appraisal techniques. Issues associated with wrong use of development appraisal techniques included performance deviating from investor’s objectives; actual returns in variance with expected returns. The study concluded that there is a need for the adoption of more appropriate development appraisal techniques in the evaluation of projects so as to improve the performance of the investment and development market thereby restoring investors’ confidence. The study therefore recommends that Estate Surveyors and Valuers should embrace modern techniques that incorporate risks to further enhance the accuracy of appraisals in line with global best practice. Also, the Nigerian Institution of Estate Surveyors and Valuers should organize seminars and conferences on modern appraisal techniques now in vogue
A Critical Evaluation of Conventional Methods of Appraisal and its Materiality on the Growth Explicit Models of Valuation
No full textThe various ways of appraisal have been under scrutiny observation in recent times due to the fact that there have been unpredicted circumstances evolving in the country’s economy and the need to accommodate them is quite necessary. The conventional method of appraisal is gradually been overtaken by the growth explicit model. In view of this, this study evaluates the conventional method, vis-à -vis its relevancy on the growth explicit model. The study concluded that although both conventional and contemporary approaches use market comparisons in arriving at valuation estimates but variation in market situation and the confinement of information does not reduce the old model as much as it affects the conventional model. The study further made it known that contemporary valuations are good leverage to sort out the ambiguity and changes that are peculiar to modern leases unlike the conventional valuations they are not totally reliant on property market evidence and have access to other inputs from the capital market. In conclusion, contemporary valuations are able to embrace and perform in all circumstances surrounding market condition with the absence of adequate adapt and operate in all market conditions in the absence of adequate comparable evidence
A Critical Evaluation of Conventional Methods of Appraisal and its Materiality on the Growth Explicit Models of Valuation
No full textThe various ways of appraisal have been under scrutiny observation
in recent times due to the fact that there have been unpredicted circumstances
evolving in the country’s economy and the need to accommodate them is quite
necessary. The conventional method of appraisal is gradually been overtaken
by the growth explicit model. In view of this, this study evaluates the
conventional method, vis-à-vis its relevancy on the growth explicit model. The
study concluded that although both conventional and contemporary approaches
use market comparisons in arriving at valuation estimates but variation in
market situation and the confinement of information does not reduce the old
model as much as it affects the conventional model. The study further made it
known that contemporary valuations are good leverage to sort out the
ambiguity and changes that are peculiar to modern leases unlike the
conventional valuations they are not totally reliant on property market evidence
and have access to other inputs from the capital market. In conclusion,
contemporary valuations are able to embrace and perform in all circumstances
surrounding market condition with the absence of adequate adapt and operate
in all market conditions in the absence of adequate comparable evidence
