Land and Property Taxation on Land and Infrastructural Development in Lagos and Rivers States, Nigeria
Received Date: January 08, 2019; Published Date: February 05, 2019
Increasing demand for urban and rural infrastructures and dwindling revenue allocations in Nigeria have informed the Lagos State Government to promulgate Land Use Charge Law (2001) as a way of increasing internally-generated revenues through property tax. The Law stipulates a formula for assessing the Charge payable on properties in Lagos State, amongst other provisions. These cannot be said of Rivers State hence the recommendation that the State should harness the Property taxation laws in the State with a bid to generate revenue as is done in Lagos State. The aim of this paper is to determine the role of Land and Property taxation on land and infrastructural development in Lagos and Rivers States.
Keywords: Land, Property taxation on land, Infrastructural development