Property taxes are a critical element of Nigeria’s fiscal policy. In Nigeria, property taxes are paid annually on all property, including land and buildings, by property owners or occupiers. Property taxes make up a significant portion of government revenue, and as such, they play a critical role in financing local government services and infrastructure development.
So, what exactly are property taxes in Nigeria? And what do property owners need to know about them? In this blog post, we’ll explore all about property taxes in Nigeria, including who pays them, how they are calculated, and why are they important....
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