RATING ADMINISTRATION IN NIGERIA
1.1 INTRODUCTION Property Rating is also called local taxation; it can be described as levies imposed by local governments on owners or occupiers or users of landed property. In Nigeria the owners of landed property are taxed while in the United Kingdom the occupiers are taxed. The purpose of rating valuation is to arrive at a figure termed ratable value on which rates are levied upon the rate payer at so much in the naira in order to defray the expenses of the local government. In Nigeria proceeds from property rates are expected to be used for specific projects like water supply, refuse disposal, street lighting community halls, roads and markets and maintenance of infrastructural facilities at local levels. This thesis aims at reviewing rating administration in Nnobi, in Idemili South local government area in Anambra State. 1.2 BACKGROUND OF THE STUDY It was difficult not to see the local government groaning under it liabilities while little or nothing was coming in from the Federal and State government the fourth Republic took a turn for the worse for local governments with the zero allocation syndromes. It behooves local governments; therefore generate their own revenue to maintain their sustainability. This study looks into the present system of administration of property rating in local government.
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