AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA

This paper examines the prospects of agricultural land taxation in financing Local Governments in Nigeria. It also considers the influence of such a taxation policy on the use of agricultural lands in the country- Some of the constraints likely to be posed by the customary land tenure systems were a...

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Κύριος συγγραφέας: Idowu, E. O.
Μορφή: Online
Γλώσσα:Αγγλικά
Έκδοση: The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria. 2020
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Διαθέσιμο Online:https://ija.oauife.edu.ng/index.php/ija/article/view/243
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author Idowu, E. O.
author_facet Idowu, E. O.
author_sort Idowu, E. O.
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description This paper examines the prospects of agricultural land taxation in financing Local Governments in Nigeria. It also considers the influence of such a taxation policy on the use of agricultural lands in the country- Some of the constraints likely to be posed by the customary land tenure systems were also examined. The policy measures suggested for a proper implementation of a viable agricultural land taxation policy in Nigeria include, among others, joint registration of lands as whole units under single family names to reduce continuous reassessment of farmlands resulting from divisions under customary inheritance rules. A token in rem tax of N100.00 (about US $0.75) per hectare per annum based on land area rather than land quality was recommend due to lack of a countrywide cadastral surveys.
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spelling oai:ojs2.ija.oauife.edu.ng:article-2432020-10-07T12:36:38Z AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA Idowu, E. O. Land Taxation, Local government finance, Taxation policy and Nigeria This paper examines the prospects of agricultural land taxation in financing Local Governments in Nigeria. It also considers the influence of such a taxation policy on the use of agricultural lands in the country- Some of the constraints likely to be posed by the customary land tenure systems were also examined. The policy measures suggested for a proper implementation of a viable agricultural land taxation policy in Nigeria include, among others, joint registration of lands as whole units under single family names to reduce continuous reassessment of farmlands resulting from divisions under customary inheritance rules. A token in rem tax of N100.00 (about US $0.75) per hectare per annum based on land area rather than land quality was recommend due to lack of a countrywide cadastral surveys. The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria. 2020-10-07 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article application/pdf https://ija.oauife.edu.ng/index.php/ija/article/view/243 Ife Journal of Agriculture; Vol. 21 No. 1 (2005): Ife Journal of Agriculture; 158-166 0331-6351 eng https://ija.oauife.edu.ng/index.php/ija/article/view/243/151 Copyright (c) 2020 Ife Journal of Agriculture
spellingShingle Land Taxation, Local government finance, Taxation policy and Nigeria
Idowu, E. O.
AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA
title AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA
title_full AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA
title_fullStr AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA
title_full_unstemmed AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA
title_short AGRICULTURAL LAND TAXATION AND LOCAL GOVERNMENT FINANCE IN NIGERIA
title_sort agricultural land taxation and local government finance in nigeria
topic Land Taxation, Local government finance, Taxation policy and Nigeria
topic_facet Land Taxation, Local government finance, Taxation policy and Nigeria
url https://ija.oauife.edu.ng/index.php/ija/article/view/243
work_keys_str_mv AT idowueo agriculturallandtaxationandlocalgovernmentfinanceinnigeria