Browsing by Author "Adeogun, Adekunle Sunday"
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Item Adapting to climate change flooding impacts- A guide for achieving sustainable Built Environment in Nigeria(School of Environmental Technology International Conference (SETIC, 2016), 2016-05-11) Bello, Nurudeen Akinsola; Adepoju, Adetoye Sulaiman; Adeogun, Adekunle SundayFlooding, a situation where land is covered with water (due to overflowing river caused by heavy rain) is one of the climate change natural disasters generated by human activities which constitute a threat to human life, property and the built environment. Although risks cannot be fully eliminated, however, adaptation to climate change can reduce the exposure and vulnerability to extreme climate and sustain the built environment. This work surveyed literature on climate change flooding and its effects on Nigerian built environment to find out that most developed nations with longer water bodies and greater exposure to flooding disaster have been able to curtail the negative effects of climate change induced flooding over the years than Nigeria were able to minimise the negative effects of climate change flooding on their built environment whereas, Nigeria with comparable minimum and manageable length of water bodies continuously have higher negative impacts from flooding. The study found that the application of adaptation theory will mitigate against the effect of climate change flooding and lead to the achievement of a sustainable built environment in Nigeria. The work eventually recommended concerted efforts of all stakeholders in the built environment to cooperate among themselves for the actualisation of gains of adaptation approach to climate change flooding in Nigeria towards achieving sustainable built environment.Item Advancing Property Investment Returns through Improved Urban Neighbourhood Infrastructure Conditions in Jos City(Faculties of Engineering and Environmental Sciences, Osun State University, Osogbo, Osun State, Nigeria, 2021-11-23) Adeogun, Adekunle Sunday; Shittu, Wasiu Oyewale; Agava, Halim Yusuf; Oladimeji, Samuel BolajiInfrastructure is one of the substantial indicators of neighbourhood and urban quality; it possesses the capability to draw and sustain returns on property investment. This study focuses on the urban neighbourhood infrastructure conditions as a pointer to ideal residential property investment returns in Jos city, Nigeria. The study adopted a survey research design using structured questionnaires to gather the required data. The data required are property transaction data on rental value and capital value of residential properties and the conditions of basic infrastructure in the selected neighbourhoods of Jos city. These data were sourced from practicing Estate Surveyors and Valuers practicing in Jos as well as the residents of the selected neighbourhoods. The estimated sampled size was 251 and only 161 questionnaires were recovered. The data collected were analysed using descriptive and inferential statistics. They are mean score, standard deviation, coefficients of variation and Spearman’s Rank Order Correlation model. The results of the analysis revealed that residential property investment performed better in Gwang layout and Lowcosts than Rayfield and Kufong areas on the basis of risk-return. The risk-return ratios range between 8% and 38%. Rayfield and Kufong residential market showed high level market volatility indicating the risky nature of these property submarkets. Infrastructure condition indices in Rayfield and Kufong is higher than ideal condition index (Benchmark), ranging between 72%-89% and 81%-94%. Few urban neighbourhood infrastructure conditions in Gwang Layout and Lowcosts are found to be below the benchmark. The study concluded that infrastructure has a strong influence on residential property investment returns in the study areas. It therefore, recommended that infrastructure condition should be given special attention when forming opinion on residential property investment.Item ADVANCING PROPERTY INVESTMENT RETURNS THROUGH IMPROVED URBAN NEIGHBOURHOOD INFRASTRUCTURE CONDITIONS IN JOS CITY(Faculty of Engineering and Environmental Sciences, Osun State University, Osogbo, Nigeria., 2021-12) Adeogun, Adekunle Sunday; Shittu, Wasio Oyewale; Agava, Halim Yusuf; Oladimeji, Samuel BolajiInfrastructure is one of the substantial indicators of neighbourhood and urban quality; it possesses the capability to draw and sustain returns on property investment. This study focuses on the urban neighbourhood infrastructure conditions as a pointer to ideal residential property investment returns in Jos city, Nigeria. The study adopted a survey research design using structured questionnaires to gather the required data. The data required are property transaction data on rental value and capital value of residential properties and the conditions of basic infrastructure in the selected neighbourhoods of Jos city. These data were sourced from practicing Estate Surveyors and Valuers practicing in Jos as well as the residents of the selected neighbourhoods. The estimated sampled size was 251 and only 161 questionnaires were recovered. The data collected were analysed using descriptive and inferential statistics. They are mean score, standard deviation, coefficients of variation and Spearman’s Rank Order Correlation model. The results of the analysis revealed that residential property investment performed better in Gwang layout and Lowcosts than Rayfield and Kufong areas on the basis of risk-return. The risk-return ratios range between 8% and 38%. Rayfield and Kufong residential market showed high level market volatility indicating the risky nature of these property submarkets. Infrastructure condition indices in Rayfield and Kufong is higher than ideal condition index (Benchmark), ranging between 72%-89% and 81%-94%. Few urban neighbourhood infrastructure conditions in Gwang Layout and Lowcosts are found to be below the benchmark. The study concluded that infrastructure has a strong influence on residential property investment returns in the study areas. It therefore, recommended that infrastructure condition should be given special attention when forming opinion on residential property investment. Keywords: Residential, Returns, Property investment, Neighbourhood, Infrastructure, Property Market.Item ANALYSIS OF CONSTRAINTS TO VALUATION ACCURACY FOR DIFFERENT PURPOSES IN LAGOS AND ABUJA, NIGERIA(Faculty of Environmental Sciences, Kaduna State University, Kafancha Campus, Nigeria, 2020-10) Wahab, Muktar Babatunde; Ibuoye, Adegboyega Ayodele; Adeogun, Adekunle Sunday; Durosinmi, Wasiu AyobamiAccuracy of valuation exercise for various purposes has been universally emphasized in this current dispensation and as a matter of fact, it has been given a world-wide recognition by the World Bank, which encouraged the preparation of valuation list. The need to close the wider gap between the market value and valuation figure necessitated this study. The study firstly these factors have contributed to valuation inaccuracy and variance. The study utilized reports of valuations on properties submitted to some selected banks to establish valuation variance by comparing the actual market sales (AMS) and valuation figures of the valuation firms to establish valuation inaccuracy. The study selected 100 and 150 estate surveying and valuation firms with more than 10years experience in property valuation, through simple random sampling from Abuja and Lagos. The study further selected 15 banks that constantly requesting the valuation opinions of the selected firms in Abuja and Lagos. The result of analysis of variance (ANOVA) confirmed that there was significant valuation variance among the estate surveyors and valuers (F-ratio at 4.73, p-value at 0.42) and result of t-test showed that the mean difference between AMS and valuations (at p-values less 0.05) was significant. The result of factor analysis(FA) employed further revealed ten (10) the most emphasized groups of factors that contributed about 92.43% variance in determining accuracy of valuation. The study therefore recommends that all the stakeholders in property assessment and valuation exercises should address the most emphasized factors by adhering strictly to lay-down provisions of the profession and principles without compromise in order to achieve accuracy. Keywords: valuation accuracy, variance, inaccuracy, valuation constraints, factor analysisItem ANALYSIS OF CONTRAINTS TO VALUATION ACCURACY FOR DIFFERENT PURPOSES IN LAGOS AND ABUJA, NIGERIA(Kaduna State University Environmental Science Journal, 2020-10) WAHAB, Muktar Babatunde; Ibuoye, Adegboyega Ayodele; Adeogun, Adekunle Sunday; Durosinmi, Wasiu AyobamiAccuracy of valuation exercise for various purposes has been universally emphasized in this current dispensation and as a matter of fact, it has been given a world-wide recognition by the World Bank, which encouraged the preparation of valuation list. The need to close the wider gap between the market value and valuation figure necessitated this study. The study firstly investigates inaccuracy and variance and further analyzed the factors and the extent to which these factors have contributed to valuation inaccuracy and variance. The study utilized reports of valuations on properties submitted to some selected banks to establish valuation variance by comparing the actual market sales (AMS) and valuation figures of the valuation firms to establish valuation inaccuracy. The study selected 100 and 150 estate surveying and valuation firms with more than 10years experience in property valuation, through simple random sampling from Abuja and Lagos. The study further selected 15 banks that constantly requesting the valuation opinions of the selected firms in Abuja and Lagos. The result of analysis of variance (ANOVA) confirmed that there was significant valuation variance among the estate surveyors and valuers (F-ratio at 4.73, p-value at 0.42) and result of t-test showed that the mean difference between AMS and valuations (at p-values less 0.05) was significant. The result of factor analysis(FA) employed further revealed ten (10) the most emphasized groups of factors that contributed about 92.43% variance in determining accuracy of valuation. The study therefore recommends that all the stakeholders in property assessment and valuation exercises should address the most emphasized factors by adhering strictly to lay-down provisions of the profession and principles without compromise in order to achieve accuracyItem ANALYSIS OF PREFERENCE FOR RESIDENTIAL NEIGHBOURHOOD IN ILORIN, NIGERIA(Proceeding of the WABER 2017 Conference, University of Ghana, Accra, Ghana, 2017-08) Adeogun, Adekunle Sunday; Raheem, W. M.; Shittu, W. O.; Bako, A.There are hierarchies of residential neighbourhoods in human settlements depending on the quality, space and number of inhabitants among others. These, to a large extent dictate the choice of or preference for neighbourhood by the residents. This study is on the assessment of Residential Neighbourhood Preference of residents in llorin metropolis. Data for the study were collected using random sampling method from nine different neighborhoods in the order of low, medium and high residential densities. These are GRA, Adewole Estate, Onikanga axis (Low Density), Kulende, Basin and Fate-Tanke (Medium Density) Gaa-Akanbi, Oloje and Sango (High Density). The study employed primary and secondary data such as tho quality of dwelling units in each neighbourhood, which highlights the state of individual houses, the physical structure and the quality of the environment. Also assessed was the accessibility to urban infrastructures. In all, questionnaires were administered on 300 respondents. Data were analysed using descriptive and inferential statistics. Descriptive statistics such as chi square, frequency and percentage were used to present results. Also, One Way Analysis of Variance 0\NOVA) was used to examine the variation among the preferred facilities in the areas while Likert rating was used on residents' preference for locational attributes. Preference level by residents across the study area indicated that the most preferred neighbourhoods are GRA, Adewole Estate and Onikanga axis: the fairly preferred are Kulende, Basin and Fate-Tanke while Gaa akanbi, Oloje and Sango iare the least preferred neighbourhoods. It also revealed that, residents generally place more emphasis on social settings, proximity to and availability of urban infrastructure, neighbourhood quality and the quality of immediate surroundings, in the selection of their most preferred neighbourhood. The study recommended the execution of appropriate urban renewal strategies by the government in areas fairly and least preferred by residents to engender better habitation and enhance quality life.Item An Assessment of Efficiency of the Nigerian Tax System(NIGERIAN JOURNAL OF TECHNOLOGICAL RESEARCH, 2009) Adeogun, Adekunle SundayGiven the negative impact of persistent unsustainable fiscal deficits on the Nigerian economy,there is now a consensus among interested parties on the need to address the problem effectively. The literature suggests three approaches for this purpose: increase in revenue, reduction in expenditure, or a continuation of both. An appraisal of the budgetary' process in Nigeria shows that annual expenditure proposals are always anchored on projected revenue, thus the accuracy of revenue projection is a necessary condition for devising an appropriate framework for fiscal deficit management in Nigeria. This study, therefore, evaluates the productivity of the tax system for the specific period, that is, 1990 - 2000; to devise a reasonably accurate estimation of Nigeria's sustainable revenue profile. This will assist in the design of an appropriate expenditure profile as a means of averting the persistent unsustainable fiscal deficit in the country. Overall, the study reports a satisfactory level of productivity of the tax system. Although the advent of the oil boom encouraged some laxity in the management of non-oil revenue sources, this was rectified to a reasonable extent with the commencement of the structural adjustment programme. The study concludes that the current revenue profile is sustainable, with little prospect for significant improvement in the short run. It also suggests that a significant reduction in public expenditure and prudent management of financial resources are the most feasible solutions to the problem of unsustainable fiscal deficit in Nigeria. Finally, the report underscores the urgent need for the improvement of the tax information system to enhance the evaluation of the performance of the Nigerian tax system and facilitate adequate macroeconomic planning and implementation.Item Assessment of the Effect of Sustainable Education Infrastructure Conditions on Student's Performance in Ilorin, Kwara State, Nigeria(Department of Education, School of Continuing Education, Bayer University, Kano, 2020-01) Adeogun, Adekunle Sunday; Salihu, Nasiru; Olabisi, Sulaiman Adesoji; Agava, Yusuf HalimSubstantial indicator of the conducive and quality environment for learning is education infrastructure and it creates standing-points for students' proper understanding and perfect learning experience. This paper therefore evaluates the relationship between sustainable education infrastructure conditions and students' performance in Ilorin with particular focus on secondary schools in four Neighbourhoods; Adewole Housing Estate locality, GRA Neighbourhood, Fate-Basin and Sabo-Oke neighbourhoods of Ilorin metropolis. Data was collected through the structured questionnaire and simple descriptive mean statistical method was adopted to determine the standard deviation as well as coefficient of variation. Ranking method was used to determine education infrastructure condition index using benchmark for minimum acceptable ideal condition. Spearman Rank Order Correlation was adopted to test the level of the significant of school infrastructure on students' performance. The study revealed that, the performance rate of students in Adewole Housing Estate and GRA Secondary schools were rated high 54% and 62% respectively, while most students in secondary schools in Fate-Basin, Sabo-Oke neighbourhoods poorly performed with 22% and 27% respectively. The education infrastructure condition indices in Adewole Housing Estate and GRA is higher than ideal condition index and is better than other selected locations, and it was recommended that adequate provision can be achieved public private partnership (PPP) arrangement and proper management maintenance should be on board in order to enhance students' better performance.Item ASSESSMENT OF THE EFFECTS OF SUSTAINABLE EDUCATION INFRASTRUCTURE CONDITIONS ON STUDENTS' PERFORMANCE IN ILORIN, KWARA STATE, NIGERIA(Department of Education, School of Continuing Education, Bayero University Kano, 2020-01) Adeogun, Adekunle Sunday; Salihu, Nasiru; Olabisi, Sulaiman Adesoji; Agava, Yusuf HalimSubstantial indicator of the conducive and quality environment for learning is education infrastructure and it creates standing-points for students’ proper understanding and perfect learning experience. This paper therefore, evaluates the relationship between sustainable education infrastructure conditions and students’ performance in Ilorin with particular focus on secondary schools in four neighbourhoods ;Adewole Housing Estate locality, GRA neighbourhood, Fate-Basin and Sabo-Oke neighbourhoods of Ilorin metropolis. Data was collected through the structured questionnaire and simple descriptive mean statistical method was adopted to determine standard deviation as well as coefficient of variation. Ranking method was used to determine education infrastructure condition index using bench mark for minimum acceptable ideal condition, Spearman Rank Order Correlation was adopted to test the level of the significant of school infrastructure on students’ performance. The study revealed that the performance rate of students in Adewole Housing Estate and GRA, secondary schools were rated high54% and 62% respectively, while most students in secondary schools in Fate-Basin, Sabo-Oke neighbourhood poorly performed with 22% and27% respectively. The education infrastructure condition indices in Adewole Housing Estate and GRA is higher than ideal condition index and is better than other selected locations, and it was recommended that adequate provision can be achieved through Public Private Partnership (PPP) arrangement and proper management maintenance should be on board in to enhance students’ better performance Keywords: Education, Infrastructure, Locality, Performance and SustainableItem Assessment of the Impact of Development Control Measure on Residential Property Rental Values in Minna Metropolis.(ATBU Journal of Environment Technology, 2017-12) Adeogun, Adekunle Sunday; Nasiru, S; Wahab, M. B.; Wasiu, Raheem; Kemiki, O. A.This study aimed at deteirnining the impact of development control on the trend in rental of property in Minna, the data collation for this study are from resident of the neighbourhood, estate surveyor and valuer's, town planners and personal observation through questionnaire,the methodology used is the cluster random sampling technique which was adapted to divide the area into residential neighbourhoods and furthermore, a purposive sampling technique was used because of the residential property characteristic. The data were analysed using inference statistical tools like Gini-coefficient, correlation and multi-regression analysis among others, the resultant outcome showed that there is a strong positive relationship between development control measures and residential property reiital values and also development control measures are not adequately enforced in the planned and unplanned neighbourhoods, it was recommended that estate surveyor and valuer's should advise their clients on the need and importance of investing in neighbourhood that have harmonious land use in order to easily recoup the huge capital outlay invested on residential property development and government should adopt new trends like the guided land development (GLD) and sustainable city programme (SCP). This will provide advancement in the frontier of investment in residential property development through proper execution of development control measures.Item Comparative Analysis of Direct and Indirect Property Investment Returns in Abuja, Nigeria(ATBU Journal of Environmental Technology, 2017-06) Adeogun, Adekunle Sunday; Gambo, Yusuf Luka; Luqman, IbrahimThe main thrust of this paper is to comparatively analyse the performance of property and stock market returns with a view to determining whether indirect investment in property shares can be a substitute for direct property investment in Abuja, Nigeria. The study utilized mean score, variance,standard deviation, coefficient of variation and Pearson Product Moment Correlation to analyse the performance of direct and indirect property investment. It was discovered that investment in property shares is more risky than commercial property due to the risk variation of 0.15605 that exist between them. When property returns were correlated with mean dividend of the construction/real estate sub-sector of the stock market, it was discovered that there is a strong positive relationship between the two variables with correlation coefficient of 0.85. The study recommended among other things that investors in either property or stock investment should ensure proper analysis of their investment assets and look beyond their investment assets i.e. make all the necessary comparisons before taking any investment decision.Item DISPROPORTIONATE RETURNS ON RESIDENTIAL PROPERTY INVESTMENT IN ILORIN(Department of Urban and Regional Planning, University of Uyo, Nigeria, 2020-11) Adeogun, Adekunle SundayINTRODUCTION Urban infrastructure stands as one of the indicators of an ideal uban economy development; plays a great role in the growth and development of the urban setting and also crates attraction for all form of investments including real estate (Tomlinson 2001). Urban infrastructure is referred to as the fundamental facilities serving neighbourhood or city for effective and positive running and functioning of the economy and it is characterised by technical structures such as roads, bridges, tunnels, water supply, sewers, electrical grids, systemic communication, that enable, susrained and enhanced societal living conditions (Mendel 2007). According to Tomlinson (2001) more than 75.5% of the countries in the world that have moved away from poverty and subsistence economy have enabling environment and access to adequate infrastructure services. Keywords: Residential Property, Infrastructure, Neighbourhood, Returns, Property investment.Item Effect of Macroeconomic Factors on Residential Property in Abuja, Nigeria(EUROPEAN UNIVERSITY OF LEFKE JOURNAL OF SOCIAL SCIENCES, 2017-07-31) Wahab, M. B.; Adeogun, Adekunle Sunday; Morenikeji, G. B.; Mammah, M.; Abdulkareem, S. O.Performance of property market is a measure of total returns, and the totality of returns within the country property market is influenced by the state of the economy. The backward and form and relationship between property market and the economy has influenced a rise and fall in future of property returns in Ahuja market. The study utilized both primary' (returns) and secondary data (macro-economic variables), and the time-series data on annual macroeconomic indices and total returns index spanning between 2001-2015 were employed for the study. The result of Augmented Dicker Fuller (ADF) test showed that all the variables were stationary after first and second differencing order. The result of cointegration test further suggests the existence of long run relationship between macroeconomic factors and residential property returns. The result of further cointegration regression suggests that between 18.2%-83.6% and l6.2%-79% variation in 3B/R and 4B/R property returns respectively across the seven out of twelve residential markets were significantly influenced by macroeconomic indicators. The study concludes that positive economic policies are meant to improve the property market, vice versa. The study therefore recommends that policy-maker should painstakingly study the future implication of any macroeconomic policy as such could adversely affect the property market, and this could also conversely affect the contribution of real estate sector to the national economy development, vise-versa.Item Effects of COVID-19 on Urban Housing Delivery and Affordability in Nigeria(Penerbit UTM Press., 2020-12-12) Godswill, Unekwuojo Musa; Adeogun, Adekunle Sunday; Durosinmi, Wasiu AyobamiThe world economy has been experiencing serious disruption due to the advent of COVID-19 pandemic impacting at both local and global scales. Inquiries, studies and researches are currently ongoing to analyse the impacts COVID-19 has on various sectors of the economy so as to enable stakeholders in policy making understand and come up with adequate plans to develop resilience to the pandemic and ensure sustainability of the several affected sectors in the economy. Housing is one of the fundamental needs of man and has no doubt been affected by the advent of COVID-19 pandemic, especially in the aspect of housing need, space requirement, housing security, housing affordability and security of tenure, housing/property investment and construction. This study reviews various existing studies on the current effects and potential impact of COVID-19 pandemic on different facets of urban housing, and its effects on urban housing delivery and affordability, with a view to identifying fissures or gaps as well as filling the identified gaps and create platform for further studies and contribution to knowledge and academic research. Preferred Reporting Items for Systematic Reviews and Meta-Analyses was adopted with a total of 140 documents retrieved and 79 eliminated using adopted criteria leaving out 61, out of which 30 not addressing subject matter in the study area were excluded from findings; thus, 33 documents including PhD dissertations, MSc. thesis, peer reviewed journal articles, books, proceedings, technical reports and other published articles directly relevant to this paper work were succinctly reviewed. Results show COVID-19 has impacted housing need, space requirement, housing security, housing affordability, real estate investment and housing development. The study also shows that residential, hospitality, retail, offices, industrial and healthcare sectors have different experiences of COVID-19 impact as some are positive like in the case of industrial and healthcare while others are negative.Item The Effects of Spatial Distribution of Infrastructure on Residential Property Values in Minna.(2017) Adeogun, Adekunle Sunday; Sule, A. I.; Idowu, O. O.; Raheem, W. M.Item Effects of Urban Infrastructure on Residential Property Investment Performance Variation in Jos City Nigeria(Nigerian Institution of Estate Surveyor and Valuer, 2021-07) Adeogun, Adekunle Sunday; Adeogun, Adekunle SundayUrban infrastructure is known to be a considerable pointer to the quality of neighbourhood; this is attributed to the fact that it possesses the potential to protract returns on property investment. This study focuses on the effects of urban infrastructure on residential property investment performance variations in Jos city. The study analyzed 264 closed ended questionnaires which were collected out of 385 administered; indicating 69% response through stratified sampling technique. The study used descriptive and inferential methods for the analysis. The result of infrastructure condition index developed through the scoring analysis based on descriptive modeling indicates relative condition index between 63% - 87%, 52% - 65%, 47% - 68% and 45% - 65% were found in Rayfield, Kufong, Gwang Layout and Lowcost Estate. Analysis of Variance (ANOVA) was performed to reveal the variations in residential property investment returns as significantly explained by ten (10) infrastructure in four selected neighbourhoods across the study area with a result of significant difference (F = 106.58, p<.001), this implies that, urban infrastructure can bring about variations in residential property investment performance in an ideal property investment market. The study concludes that variations in residential property investment returns is influenced by constant portable water with good road network, security, drainage system and streetlight and these should be properly considered when forming opinion for possible residential property investment development. The study recommends that the professionals in real estate investment should be duly consulted in making best investment decision relative to infrastructure that are responsible for better performance of property investment. Keywords: Infrastructure, Investment performance, Jos city, Property investment, Residential Returns, UrbanItem ESTATE SURVEYORS' PERSPECTIVES ON RESIDENTIAL PROPERTY TENANCY DETERMINATION IN ILORIN METROPOLIS(School of Environmental Technology International Conference (SETIC, 2018), 2018-04-12) Ibrahim, Tajudeen Akogun; Olatoye, Ojo Agava; Yusuf, Halim; Adeogun, Adekunle SundayOver the world, rental housing offers a more affordable way for many people to gain access to residential accommodation. Demand for the properties in residential property market seems to be increasing in Ilorin metropolis in view of the growing population arising from the influx of more people from other parts of the country because of the peaceful nature of the city It was observed that tenancy determination was on the increase as most landlords were desirous of obtaining maximum rents from their tenants by regular rent review among other factors, which had led to high tenant turnover This study examined the trend of tenancy determination in residential property market of Ilorin metropolis with a view to providing a guidance to the property managers and investors, and providing the basis for property management decisions. Total enumeration survey (100%) was adopted by administering questionnaire on the 22 practicing estate surveying firms in the study area Information gathered was analysed using both frequency tabulation and trend analysis The result of analysis showed that there was increasing trend of tenancy determination from 151 terminations in 2007 to 481 in 2016. This paper concluded that tenancy determination affected all categories of residential property although the low income rental properties were more vulnerable. This may discourage specific investors/landlords. It therefore called for a pragmatic management style and policy to stem down the increasing trend of tenancy determination.Item Evaluating Neighborhoods Livability in Nigeria: A Structural Equation Modelling (SEM) Approach.(International Journal of Built Environment and Sustainability, 2018-01) Iyanda, Sule Abass; Ismail, Ojetunde; Fabunmi, Foluke Olanike; Adeogun, Adekunle Sunday; Abdul Mohit, MohammadThere is a growing concern about city livability around the world and of particular concern is the aspects of the person-environment relationship which encompasses many characteristics suffice to make a place livable. Extant literature provides livability dimensions such as housing unit characteristics, neighborhood facilities, economic vitality and safety environment. These livability dimensions as well as their attributes found in the extant literature have been reported to have high reliability measurement level. Although, various methods have been applied to examine relationships among the variables however structural equation modeling (SEM) has been found more holistic as a modeling technique to understand and explain the relationships that may exist among variable measurements. Structural equation modeling simultaneously performs multivariate analysis including multiple regression, path and factor analysis in the cause-effect relationships between latent constructs. Therefore, this study investigates the key factors of livability of planned residential neighborhoods in Minna, Nigeria with the research objectives of — (a) to study the livability level of the selected residential neighborhoods, (b) to determine the dimensions and indicart>rs which most influence the level of livability in the selected residential neighborhoods, and (c) to reliably test the efficacy of structural equation modeling (SEM) in the assessment of livability. The methodology adopted in this study includes- Data collection with the aid of structured questionnaire survey administered to the residents of the study area based on stratified random sampling. The data collected was analyzed with the aid of the Statistical Package for Social Sciences (SPSS) 22.0 and AMOS 22.0 software for structural equation modeling (a second-order factor). The study revealed that livability as a second-order factor is indicated by economic vitality, safety environment, neighborhood facilities and housing unit characteristics first-order factors. The result shows that economic vitality (income, mobility and mobility cost) most significantly measures neighborhood livability. Also, results of the model achieved food fit indices such as CR of 0.907 and the RMSEA value of 0.096, Thus, SEM analyses in this study offer a methodological guide on the efficacy of CFA second-order factor.Item Evaluating the Effects of Urbanization on Vegetation in Minna Metropolis: GIS Approach(Department of Building, Faculty of Environmental Studies, University of Uyo, Nigeria, 2020-03) Adeogun, Adekunle Sunday; Nasidi, Yusuf; Abdulateef, Iyanda Bako; Nurudeen, Akinsola BelloPurpose: The growth of urban areas is one of the major factorsthat leads tocutback of vegetation. This paper is set to assess the effect of urbanization on vegetation cover in the Minna metropolis, Niger State, Nigeria. Design/Methodology/Approach:The remote sensing Quick Bird satellite images of Minna for the year 2010, 2015 and 2020 were used to obtained land use information change. Remote Sensing Data Image (RSDI) was processed using GIS Arc Map 10.1 for digitization and calculation of built up areas and the land use change. Two neighborhoods were chosen for examination and analysis, Tayi village neighborhood and old Advanced Teachers’ College (ATC) layout; presently called Zarumai New Extension Neighborhood, all in Minna, Nigeria. Findings:It was found that study areas have grown double between 2010 and 2020,speedy urban development due to population increase led to massive de-vegetation, as at 2010 the built-up area in Tayi was 20%, but by 2020 built up area has increased to 46%while in old ATC in 2010 was 30.8% but as at 2020 the built-up area has grown to 82.8%. Research limitation/implications: In evaluating the influence of urbanization on vegetation in the study areas, selected neighborhoods were examined by segmenting eleven years into two at the interval of six years and five years, that is, 2010 to 2015 and 2016 to 2020 respectively. Therefore the gradual effect of urbanization on vegetation was examined from 2010 to 2020 Originality and Value: The study revealed that, the method of land acquisition is through customary and informal purchase, less concentration was given to open space development and management and the relationship between built up areas and vegetation cover was opposite, as built-up areas enlarged, the vegetation covers decreased. Keywords: G.I.S., remosensing, satellite image, urbanisation, vegetationItem EVALUATION OF THE INTERPLAY BETWEEN URBAN INFRASTRUCTURE CONDITIONS AND RESIDENTIAL PROPERTY INVESTMENT RETURNS IN ILORIN, NIGERIA(Ladoke Akintola University of Technology Press, Ogbomoso, Nigeria., 2020-04) Adeogun, Adekunle Sunday; Raheem, Wasiu Mayowa; Olabisi, Sulaiman AdesojiA weighty indicator of the neighbourhood quality is infrastructure and as one of the pointers that determine class of the neighbourhood, it creates standing-point for the returns on real estate investment. This paper therefore evaluates the interplay between public infrastructure conditions and residential property investment returns in Ilorin with particular focus on standard two and three bedroom apartments in Adewole Housing Estate, GRA, Fate-Basin and Sabo-Oke neighbourhoods of Ilorin metropolis. Data were collected from Estate Surveyors and Valuers as well as residents of the selected neighbourhoods via structured and administered questionnaire using systemic random sampling technique with the sample size of 287 and only 169 questionnaires were returned. Simple descriptive mean statistical method was adopted to determine standard deviation as well as coefficient of variation. Ranking method was used to determine infrastructure index with bench mark for minimum acceptable condition adopted. Kendall Coefficient of Concordance was also used to test relationship among the ranked factors. The study revealed that, Adewole Housing Estate, Fate-Basin and Sabo-Oke maintained a single digit, indicating low performance when placing on average. Property investment in GRA stands a risk of 22% and 62% to have returns of 9.49% and 12.38% for two and three bedrooms respectively. The infrastructure condition indices in GRA is higher than ideal condition index and is better than other selected location and it was recommended that, provision, rehabilitation and maintenance should be embarked on in earnest to enhance social life and better property performance within the areas Keywords: Neighbourhood, Infrastructure, property investment and Returns
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