Land Based Taxation: A Robust Instrument for Funding Nigeria's Public Infrastructure

Abstract

Abstract

The significance of land based taxation as a robust instrument to national development can never be over-emphasized. This is evidenced in all ramifications as it is the key or bedrock mechanism in which infrastructural development in a particular nation, be it at the Federal, State or Local Government levels emanates fostering and shaping the lives of its citizenry. The insufficient provision of infrastructural facilities also serves as an obstacle to Nigeria’s progress. Considering the high rates of urbanisation, growth and service consumption. Low investment and inadequate funds exacerbate the nation's infrastructure deficit. This research work examines Nigeria's potential for land-based taxation. The whole literature review on the topic was used in the study. The study's conclusions highlight the numerous difficulties governments face when implementing land-based taxes, as well as the opportunities these levies present for investigation by both community and government.

Key words: Land, Taxation, Land Based taxes, Funding, Infrastructure, Nigeria.