Browsing by Author "Ibrahim, Rafiu Babatunde"
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Item Appraisal of Urbanization Trends in Ilorin, Nigeria(Clarion University of Pennsylvania, 2014) Ibrahim, Rafiu Babatunde; Bako, Abdullateef Iyanda; Raheem, Wasiu Mayowa; Abdulyekeen, Abdulazeez OlaThe rapid urbanization which is a common feature of countries of developing nations since the last century has constituted a great threat to urban sustainable development. It is against this backdrop that this paper examines the urbanization trends in Ilorin, Nigeria. The data used for the study were obtained from secondary sources. Some of these data include population growth of Ilorin since the pre-colonial era, annual population growth, spatial expansion of Ilorin between 1960 and 2010; and Built-up area of Ilorin from 1986-2006. Findings from this study show that the spatial expansion of the study area was propelled by rapid population growth i.e. in 1931 the total population of the town was 100,592, it grew to 208,546 in 1963, while in 1991 Ilorin population was confirmed to be 532,088 by the National Population Commission and it is believed that by the year 2020 the population of Ilorin will reach 3,518,771 based on projection. Moreover with the spate of the growing population, demand for land to build houses was on the increase, thereby causing the physical growth of the study area. For instance, the built-up area of study area was 1235.84 Ha in 1960, and in 1980 it was 3170.24Ha and in 2010 the physical built-up area reached 14,306.71Ha. In addition, the study revealed that as the built-up area is increasing due to population growth, the land consumption is also increasing, for instance, the land consumption rates in hectare of land use were 0.0054 in the year 2003 and in the year 2012 it has reached 0.0091. The study recommends integrated National programmes for the spatial distribution of population and to this effect priority consideration should be given to the preparation of a master plan which will make provision for a more equitable system of distribution of development in all areas. This will no doubt address the issue of rapid urbanization and thereby enhance the sustainability of the city.Item APPRAISSAL OF URBANIZATION TRENDS IN ILORIN, NIGERIA(2014) Ibrahim, Rafiu Babatunde; Bako, Abdullateef Iyanda; Raheem, Wasiu Mayowa; Abdulyekeen, Abdulazeez OlaThe rapid urbanization which is common feature of countries of developing nations since the last century has constituted great threat to urban sustainable development. It is against this backdrop that this paper examines the urbanization trends in Ilorin, Nigeria. The data used for the study were obtained from secondary sources. Some of these data include population growth of Ilorin since pre-colonial era, annual population growth, spatial expansion of Ilorin between 1960 and 2010; and Built-up area of Ilorin from 1986-2006. Findings from this study show that the spatial expansion of the study area was propelled by rapid population growth i.e. in 1931 the total population of the town was 100,592, it grew to 208,546 in 1963, while in 1991 Ilorin population was confirmed to be 532,088 by the National Population Commission and it is believed that by the year 2020 the population of Ilorin will reach 3,518,771 based on projection. Moreover with the spate of the growing population, demand for land to build houses was on the increase, thereby causing the physical growth of the study area. For instance the built-up area of study area was 1235.84 Ha in 1960, and in 1980 it was 3170.24Ha and in 2010 the physical built-up area reached 14,306.71Ha. In addition, the study revealed that as the built up area is increasing due to population growth, the land consumption is also increasing, for instance the land consumption rates in hectare of land use was 0.0054 in year 2003 and in year 2012 it has reached 0.0091. The study recommends integrated National programmes for spatial distribution of population and to this effect priority consideration should be given to the preparation of master plan which will make provision for a more equitable system of distribution of development in all areas. This will no doubt address the issue of rapid urbanization and thereby enhance sustainability of the city.Item Infrastructure Condition Model as a Measure of Property Investment Performance in Ilorin; The Contemporary Approach(Faculty of Engineering and Environmental Sciences, Osun State University, Osogbo, Nigeria., 2022-03) Adeogun, Adekunle Sunday; Ibrahim, Rafiu Babatunde; Agava, Yusuf Halim; Alimi, Rasheed Kolawole; Gombwer, Nenrot WuyokweInfrastructure stands out as one of the indicators of an ideal urban economic development and its role creates attraction for all forms of investments including real estate investment. This study examined the infrastructure condition model; which serves as a measure of property investment returns in Ilorin; the Kwara State capital. The study employed an exploratory research design. The sample frame was 1,228 and a model was used given 984 as sample size, and these questionnaires were administered through stratified sampling technique and only 664 questionnaires were completed and returned, representing 67% of the total sample size. The study utilised both descriptive and inferential statistical methods of data analysis. The result of descriptive analysis of the performance of property investment revealed that a comparable average return across the study areas in Ilorin differed; ranging from 10% to 25%. The result of the infrastructure condition index developed through the scoring analysis based on descriptive modelling revealed a relative condition index of between 60% and 61% in Ilorin. The result of an inferential method using correlation to establish the relationship between infrastructure condition index and property investment return revealed that 7(seven) infrastructure maintained perfect significant correlation with property investment performance at p-value less than 0.05 level of significance. The result of regression modelling revealed that 60.4% variation in property performance is explained by seven infrastructures. Therefore, the study concluded that the performance of property investment is impressive in the areas where there is a frequent market transaction with better infrastructure conditions which is strongly influenced by constant potable water with a correct system of road networks, security, drainage system and streetlight. The study recommends that real estate investors wishing to embark on real estate investment projects should make it a point of duty to be conversant with the functionality of infrastructure in human sustainability and real estate investment growth. Keywords: Infrastructure, Investment performance, Neighbourhood, Property investment, Property Market, Returns.