Browsing by Author "RUKAIYAT OGUNBAJO"

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    ASSESSMENT OF THE EFFECT OF ROAD PROVISION ON PROPERTY RETURNS IN BOSSO ESTATE, MINNA, NIGERIA.
    (2022) SULEIMAN YAKUBU; AJAYI M.T.A; ABASS SULE; RUKAIYAT OGUNBAJO
    The paper assesses the effect on property investment returns, of public capital investment (budgetary expenditures) on road infrastructure in Bosso Estate, Minna (Nigeria) with the aim of establishing the degree of impact of public capital investment on property investment returns. The paper covers an important policy and practice issue regarding the impact of government spending on the real estate industry. The government is keen to know the areas of greater impact of its expenditures and the extent to which the benefits from the effect may go in enhancing or providing funds (through tax) for new road Infrastructure provision or repair of existing ones as it faces funding challenges in providing new infrastructure or improving existing ones. The beforeand-after case method is employed in the study to the increase in property values (rental and sales). The findings demonstrate that once budgetary expenditure (road reconstruction) occurred, property investment returns in the area increased. The findings serve as the foundation for the government’s decision to provide more funds for budgetary allocations and expenditures connected to the infrastructure for road provision. The findings also estimate the potential for capturing the rise in returns from real estate investments as a potential alternative funding source through property.