tenement rating
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Low Performance of Tenement Rating As a Source of Local Revenue in Nigeria: A Case for Introduction of Property and Land Use Charge
Abstract: The 1999 constitution of federal republic of Nigeria in its fourth schedule 1(j), assigned local government councils in Nigeria exclusive function to assess privately owned houses or tenements for the purpose of levying tenement (property) rates which becomes a source of revenue for the local government councils. Over time, revenue accruing from this major and reliable source of internally generated revenue (IGR) for local government council has continued to dwindle …
Published in Journal of Production Research & Management · Vol. 6, Issue 3, 2016 · pp. 31–36 Read article