The Imperative of the Provision of Infrastructure and Improved Property Values in Nigeria

Udoka, Israel Sunday

doi:10.18052/www.scipress.com/ILSHS.15.71

ILSHS > Volume 15 > The Imperative of the Provision of Infrastructure...

< Back to Volume

The Imperative of the Provision of Infrastructure and Improved Property Values in Nigeria

Full Text PDF

Abstract:

Property development in most cases will not be attempted beyond the level of owner occupation at regions where infrastructure are not provided; talk less of property so developed having enhanced value. This research examines the imperative of infrastructural provision on property values. The research beamed its light on the relationship between property values and the development of infrastructure; the factors that influence property values; and assessing the trend of infrastructural development in Akwa Ibom State in recent past. It recommends that government should provide more infrastructure in rural areas to harness development and ginger property values; urban neighbourhoods to be landscape, with site and service schemes provided; allocate budgetary provisions adequately for the maintenance of the infrastructure; and private individual beneficiaries in the various communities where these facilities are provided to maintain sufficient security to avoid theft and vandalisation, so as to continue to improve values of properties in such domains.

Info:

Periodical:

International Letters of Social and Humanistic Sciences (Volume 15)

Pages:

71-86

DOI:

https://doi.org/10.18052/www.scipress.com/ILSHS.15.71

Citation:

I. S. Udoka, "The Imperative of the Provision of Infrastructure and Improved Property Values in Nigeria", International Letters of Social and Humanistic Sciences, Vol. 15, pp. 71-86, 2014

Online since:

October 2013

Authors:

Israel Sunday Udoka

Keywords:

Budgetary Provision, Development, Infrastructure Provision, Neighbourhood, Property Value

Export:

RIS, BibTeX, Text

Distribution:

Open Access

This work is licensed under a
Creative Commons Attribution 4.0 International License

References:

Aibangbee, S. S. (1997). Functions of Urban Infrastructure in National Development. A paper presentation at the 27th annual conference of the Nigerian Institution of Estate Surveyors and Valuers at Premier hotel, Ibadan.

Adebayo M. A. (2006). The State of urban infrastructure and its effects on property values in Lagos. University of Lagos, Nigeria.

Akinola S. R., J. African Studies 16 (2007) 30-46.

Amis D., Kumar (2000). Urban economic growth, infrastructure, and poverty in India: Lessons from Visakhapatnam, environment and murbanization. Vol. 12 (1).

Bello I. B. (1996). Electricity for rural development. Development outlook (6): November.

Denis L. E., William E., (2007). Real Estate Encyclopedia. McGraw Hill. New York.

Donald C. S. (1974). Professional education in public works/environmental engineering administration. 95th Edition. Chicago: American public works and association.

Fox W. F (1994). Strategic options for urban infrastructure management. Urban Management programme (UMP) Paper 17, The World Bank, p.7.

Frank Iseh (2003). The state of urban infrastructure in Nigeria. Atlantis Books, Ibadan. Nigeria.

Janet M. R., Michael T. H. (1995). Infrastructure and local economic development. University of Michigan. U.S. A.

Julie Moir Messervy (2012). Home Outside: creating the landscape you love. Quoted From: http: /www-ehow. com/info_7755419 _economic-effects-landscaping propertyvalues. html.

Julius A. B., Journal of social sciences 5(4) (2009) 332-341.

Lawal M. I (1997). Principles and practice of housing management. Festac Town, Lagos: IICO Books and publishers.

Mabogunje, A. L (1993). Infrastructure: The crux of modern urban development. Urban age, 3; pp.3-3.

Nubi W. Goodall (1974). Aspect of land economics. London: The Estate Gazette Limited.

Okafor S. O. (1981). Indirect rule and rural development of central legislature in Nigeria. Lagos. Nelson.

Olawole A. (1997). Urban infrastructure management and vision 2010. Paper presentation at the annual conference of Nigerian Institution of Estate Surveyors and Valuers at Premier hotel, Ibadan.

Omirin M. M., Guideline for Effective Maintenance of the Public Infrastructure in Nigeria. Journal of Nigerian Institution of Estate Surveyors and Valuers 10(2) (1986).

Oxford University Press (2000). Oxford Advanced Learner English Dictionary.

Robert Cabaugh (2012). Contemporary economics. Quoted from: http: /www-ehow. com/info_7755419_economic-effectslandscapingpropertyvalues. html.

Sanda A. O. (1981).

The Vanguard Newspaper (2002). Thursday, 29th August publications.

William Thompson (2012). Sustainable landscape construction. Quoted from: http: /www-ehow. com/info_7755419_economic-effects-landscaping-property values. html.

Yomi Fawehinmi (2003). Urban finance and infrastructure development in Nigeria. Atlantis Books, Ibadan. Nigeria. ( Received 04 October 2013; accepted 21 October 2013 ).

Show More Hide

Cited By:

This article has no citations.