CHAPTER ONE
1.0
INTRODUCTION
Development
has a wide meaning among Architects, Engineers and surveyor. Development has
been defined by statute the best known being the town planning laws in Europe
America, and else where. The most
collaborated of them all, the British town and country planning Act of 1947 has
defined “Development building engineering mining of other operations in, on,
over or under the land or the making of any materials charge in the use of any
building or other land.
In the
course of time, the cost of construction of a decent shelter for an average
family began to rise, cost of building materials and inflation much more than
thus, was the immediate need to contain the over populated urban centres, which
were fast charring out ghettos of different sorts. The rise in the population
could no longer be match with corresponding rise in the provision of good
shelter for the populace majority of the people did not even have enough to
live not to mention having money to build their own houses. There, nor arise a
problem of providing shelter for the ever-emphasizing population in a depressed
economy.
Properly
development may be under taken to meet new or an expanding demand as in the
case of house building be needed to replace existing assets in order to meet
present demand more effectively or the supplant oblate properties.
1.1 STATEMENT
OF PROBLEM
Due to instability of the economic which
result into devaluation of the naira, building materials most of which are
imported into the country have continued high in cost. This result to
inadequate supply of building materials, shortage of accommodation and inadequate
infrastructure development which affect housing supply.
1.2 AIM
OF THE STUDY
The aim of the study is to examine the effects
of high cost of building materials on property development in the study area.
1.3 OBJECTIVES
OF THE STUDY
The
objectives include:
1. To identify the various types of
property development in the study area.
2. To examine various types of building
materials
3. To examine the cost of building
materials for some years.
4. To examine the effect of high cost of
building materials on housing development
5. To recommend solution to the problem
at hand.
1.4 SIGNIFICANT
OF THE STUDY
This study
could be used in solving problem that arise as a result of high cost of
building materials as it related to property development.
It exposes
the researcher to different materials and method of construction available in
the industry in other to beat down cost of construction.
It will
enable the industry to known how to improve in its services as per finding
alternative approach in solving the problem at hand.
1.5 SCOPE
OF THE STUDY
The
disciplinary scope of this study is the effect of high cost of building
materials on property development, while the spatial scope is on Ile-Ife.
1.6 LIMITATION
OF THE STUDY
A. The time limit given for the project
by the school Authority has limited a wide research on such topic.
B. Fund to run some expenses for the
project is not sufficient which has restricted a wider study
C. People did not want to divulge
information needed for the study because they though the exercise is meant for
tax assessment.
1.7 THE
STUDY AREA
Ile-Ife
is a historic town its history is unique because ile- is regarded as the cradle of the Yoruba.
The most valuable history and as a result of this been handed down by oral
tradition and as a result of this , many valuable events of this historic town
cannot be over emphasized by the use of date .
Nevertheless,
the belief is alive that Ile- Ife the home of Yoruba, Oduduwa being the
ancestor.
The
formation of Ile –Ife as indicate by Rev Samuel Johnson (1921) is enhanced in
many legends and same of these legends level written while other level still in
written once of the legends state that the place now known as Ile Ife was
originally covered with water . These were people around ore Iyere was once of
them. One was a hunter who used to come to the areas to hunt but the water did
not allow him to build a permanent settlement.
The
story state that, god (Olodumare) sent Obatala to find Ile-Ife. the was gives a
bag of a soil, a hen which have five toe,
a chameleon and a symbol of authority which is known today as (Ase) in
Yoruba . Obatala was instructed to put the soil on water then hen on the soil
and the expectation was the that the hence will scattered the soil and the
water would recede, the chameleon would best the solidity of the land so
formed.( Longman 1921).
Oral
traditions do not support the theory of migration same accounts of oral
tradition stated that Ile- Ife was there life first originated. Obatala was the
once instructed by ‘god’ (Olodumare) to mold a man when he had finished he
report back to Olodumare who then gave lives to the molded bodies. Although
oral tradition and history do not agree on how, and where Oduduwa come to
Ile-Ife but the source accept Oduduwa as the founder of the Yoruba. Therefore all
Yoruba believe that their ancestor was Oduduwa.
1.8 DEFINITION
OF TERMS
Facility: Facility can be defined as something
that is build, installed or established to serve a particular purpose or
something that makes action operational or complement an action.
It
is also defined as circumstanced equipment etc that make it possible or easier
to do something.
Management: Management according to “Fallet”
(2000) define management as the art of getting thing dance through the skills
and talent to people, on the other hand, it cant be defined as the art of
planning, organizing, leading and controlling the effect of organization
members and using all materials recourse to achieve the organizational stated
objectives.
Estate surveyor and valuer: According to Kuye (2000), define Estate
surveyor and valuer as a person who determine or estimate the monetary worth or
value at a specified date and for a specified purpose of the property rights
encompassed in ownership.
An estate
surveyor and valuer is any person who has under gone a period of training in
the filed of estate management or loans economy and has passed the prescribed
examination of the Nigeria institution of Estate surveyor and valuers and
subsequently registered as fit and proper person to practice the profession of
estate surveying and valuation by the estate surveyor and valuers registration
board of Nigeria (ESVABON) in accordance with the provision of Decree No 24 of
1975.
Maintenance: This can be defining as the
continuous protective case of the fabric contents and selling of a building.
It
is one process which helps to conserve a place, in conjunction with other
processes such as:
i.
Preservation
ii.
Restoration
iii.
Reconstruction]
iv.
Adaptation
Development: Development means the process of
carrying out construction works which are associated with a change in use of
land or with its building or with a change in the intensity of the use of land
or with the res-establishment of an existing use (Michael 1965).
Value: Value is the power of a commodity to
commend other commodities in exchange for it. It can also be defined as
presence worth of future benefit (Okoh 2001).
Research: Serious and detailed study of a
subject that is aimed at learning new facts scientific laws, testing ideals
(Oyefeso 1995).
Estate: Is a large area of land which is
owned by a family or an organization. It includes any interest in landed
property which gives risk to a measure of control (Kuye 2000).
Land: This can simply be defined as a
solid portion of the earth surface. It includes soil, grasses, trees and any
other fixed or attach to it (Macmillan Dictionary).
Prominent land uses: This based on used of land for many
social activities that is well known and serve as infrastructural facilities of
a town (Ebenezer 1983).
Property: Is any physical or intangible entity
that is owned by a person or jointly by a group of people or a legal entity like a corporation, depending
on the nature of the property, an owner
of property has the right to consume, sell, rent, mortgage, transfer, exchange
of destroy it or be excluded other from doing these things (John locke 2000).