This paper examines the land tenure practices in traditional Nnewi community which is the only community in Nnewi North L.G.A., Anambra State, comprising four quarters. Some elders and community leaders were interviewed. Also secondary data were obtained from textbooks, journals and other published and unpublished online materials. This paper identified how land was acquired traditionally and the reasons for land acquisition/ownership in traditional Nnewi society. It also classified land tenure in traditional Nnewi society and also identified the traditional channels of settlement of land dispute in Nnewi. It concludes that the pattern of land tenure system practiced in Nnewi was one carefully drawn with a well organized system of land dispute resolution which has strata and jurisdiction. This system has been in existence as far back as 11 century AD even before the coming of the British with their system of land tenure.
This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of investigating the role of developers in the economic development of the country. The relevance of this scientific problem decision is that the risk management maturity on the part of developers is often underestimated when researching developing real estate markets. Systematization of the literary sources and approaches for solving the problem of risk management proved the presence of a significant number of studies that confirm the hypothesis that some of the developers have not reached the normalized risk management maturity scale. The main purpose of the paper is to explore the role of organizational learning in enhancing risk management maturity, as a means of setting research agenda for its empirical evaluation in emerging economies. Using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) approach, the article systematizes the scientific literature on the importance of organizational learning in managing real estate investment maturity risks in emerging economies like Nigeria. The object of the research was indexed studies on Web of Scholar, Google Scholar, Emerald and Pubmed databases. Qualitative analysis methods have become a methodical toolkit for determining the parameters of organizational learning that contribute to the achievement of risk management maturity. The paper confirms and theoretically proves that risk knowledge acquisition, integration and transformation had potentials of respectively leading to sustainable risk identification, assessment and mitigation in property development projects. The results of the study form the basis for the understanding by scholars, practitioners and policy makers of their contribution to scientific research on the issues of a risk management mature property development sector in emerging economies. The strengths of this study are that it aims to identify the importance of organizational learning in risk management mature property investment in emerging markets.
Despite the provisions of the Land Use Act (LUA), cap L5 of 2004, to make land available for all stake holders, Federal Government has continuously found it difficult to access land in the states for her developmental projects. Does this influence successful implementation of her building construction projects in south-south Nigeria significantly? To what extent does the State where the project is domiciled influence successful project implementation? In order to provide answers to these questions a survey approach was used in three States (Akwa Ibom, Bayelsa and Cross River), randomly selected with two projects in each State. Structured questionnaire was used to elicit data from screened 179 respondents for the study. Two hypotheses were formulated to guide the research work. The dependent variables studied were land accessibility and successful project implementation while the State where the projects were domiciled was the independent variable. The analytical tools used included simple percentages, one-way Analysis of Variance (ANOVA) and Least Significant Difference (LSD) test. The hypotheses were tested at .05 level of significance. Findings revealed that State where the projects were domiciled had significant influence on the two dependent variables of land accessibility and successful project implementation and that Cross River State was significantly different from the other States on land accessibility but only on Akwa Ibom State on successful project implementation. The research proffers that for land to be easily accessible for Federal Government projects, Federal Government should enshrine in the Nigerian operating Land Policy the customs, traditions, and beliefs of the locals, take centre stage in all levels of land administration and educate her land administrative personnel in respect of government rights in land matters.
The study measures the risk-return performance of residential and commercial real estate investments in South-South, Nigeria from 2009 to 2018. The study adopted the survey research design and purposive sampling technique was used to select estate surveying and valuation firms. Data was analysed using mean total returns, standard deviation and analysis of variance. The test of the first hypothesis indicates that residential real estate investment in Port Harcourt has the highest mean total return and performed better than Calabar and Uyo and implies that total returns of residential real estate investments are significantly different in the study area. For commercial property, Uyo outperformed that of Calabar and Port Harcourt in terms of return. The second hypothesis results indicate that location of property is a significant determinant of risk. The result shows that the mean risk in Port Harcourt for residential real estate investment is significantly different from the risk in Calabar and Uyo. This implies that there is significant difference between risks of residential properties in the study area. For commercial property investment risk, the result shows the risks of investment in offices are higher than shops. For location, Uyo commercial properties produced the highest risk.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.