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Property Taxes In Nigeria - Properties - Nairaland

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Land Taxes That Could Bankrupt You If Your Not Aware Of Them (2) (3) (4)

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Property Taxes In Nigeria by Ndipe(m): 9:29am On Mar 01, 2009
I read in the papers that the government is considering enforcing property taxes on landowners in Abuja. And this report was reported in a Nigerian periodical as of last year. Does anybody have an information if this enactment has taken place? I was totally stunned when I first read it, and totally disagree with this daylight robbery.

What do you think?
Re: Property Taxes In Nigeria by promise72(m): 2:47am On Mar 05, 2009
i think its always been done its called "tenament rate" i believe. However, as with everything, enforcement will be sporadic at best. Corruption will thwart its effectiveness. I wouldnt worry about it. How will d valuation be done anyway?
Re: Property Taxes In Nigeria by Ndipe(m): 9:55pm On Oct 26, 2021
A politician proposed the introduction of property taxes with an assurance that the money derived from it will be accounted for properly. Fortunately, that idea was kiboshed. I dont support it at all, besides which of the politicians will be eager to pay taxes on the numbers of the properties they have acquired? I seriously doubt their sincerity.

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