THE EFFECT OF ENVIRONMENTAL DETERIORATION IN RESIDENTIAL PROPERTIES VALUE

THE EFFECT OF ENVIRONMENTAL DETERIORATION IN RESIDENTIAL PROPERTIES VALUE

CHAPTER ONE

1.0    INTRODUCTION

1.1     BACKGROUND OF THE STUDY

Conventional environmental analysis are the opinion that poverty is one primary cause of environmental degradation, hence proposing a negative relationship between poverty and sustainable development and suggesting that if much of the environmental problem is poverty then, eliminating poverty and poor people via growth becomes key to saving the environment; thus this group of analysts is of the opinion that, there is a negative correlation between poverty and sustainable development.

The World Bank (1994) position it that, if people can be poor without subordinating the environment, the poor people in their present state cannot practice sustainable development. This opinion tends to follow the popular definition of Sacha Journal of environmental studies, volume 1 number 2 (2011) Pp. 17-29. Sustainable development as that which meet the needs of the present without compromising the ability of future generations to meet their needs. As a result, the World Bank (1992) pushed a policy agenda of poverty alleviation not only as a moral imperative but as an ecological one (Grossman and Krueger, 1991).

1.2 STATEMENT OF THE PROBLEM

Environmental deterioration is most commonly associated with human activities, the fact is that environment are constantly changing overtime.

The stagnant water in the environment due to lack of proper drainage system can lead to diseases and improper dumping of refuge which make people to relocate from that environment to another which lead to low demand of properties in the study area.

1.3  AIM AND OBJECTIVES

1.3.1 AIM

The aim of this research work is to examine the effects of environmental deterioration on residential properties value in Nasarawa town with particular reference to Tammah, in Nasarawa State.

 1.3.2 OBJECTIVES

1.     To determine how environmental deterioration have affected the properties value in Nasarawa town with a particular reference to Tammah.

2.     T examine the causes of environmental deterioration in the study area.

3.     To examine the effects of environmental deterioration on the people or residents of the study area.

4.     To enlighten the prospective developers on the area suitable for their proposed project.

5.     To examine the possible solutions to the environmental deterioration.

1.4 RESEARCH QUESTIONS

This study will examine the following questions:

1.     What are the causes of environmental deterioration?

2.     What are the effects of environmental deterioration on both the properties value and the habitat of the study area?

3.     What are the levels of deterioration in the study area?

4.     How had the environmental deterioration affected the properties value and the habitat of the properties in the study area?

5.     What are the government interventions in controlling the environmental deterioration?

1.5 SIGNIFICANCE OF THE STUDY

This research work will tend to enlighten the prospective developers in the study area in view of environmental deterioration.

The research will also show the level of environmental deterioration on properties value and the habitats of the study area.

1.6 SCOPE OF THE STUDY

This study is strictly focused on the effect of environmental deterioration on residential properties value in Nasarawa.

1.7 HISTORICAL BACKGROUND OF THE STUDY AREA

Nasarawa local government area of Nasarawa state was established in 1976 during the military regime under the leadership of General Muhammed administration.

The local government are covers an estimated area of 154 square kilometers.

It has thirteen (13) wards and consists of six department which is responsible for carrying out the activities of personnel, social, primary health care, agriculture and natural resource. The state derives it name from the local government of Nasarawa. The local government head quarter is between latitude 8.8 degrees east of Karu. They also share boundary with Toto local government area, Federal Capital Territory and Benue.

The local government has a population of 60,210 by the 2006 census through other contest in the law court. It has multiethnic like Afo, Agatu, Gwan-dara etc.

TOPOGRAPHY

From an elevation of about 1,500 to 1,000 meters, the Nasarawa descends in a series of step to the wide Benue through the northern part of the low lands forms a continuous plain about 50 kilometers wide which gradually slopes from the foot of the Nasarawa towards river benue.

The western part of the northern low land is an area of transaction, only part of it can be regarded as belonging to the Benue plains.

CLIMATE

Nasarawa has two seasons, which includes:

1.     A dry season without or with little rain from November to March.

2.     Wet season from April to October

The main annual rainfall is 1-300km

THE PEOPLE AND THEIR OCCUPATION

The major ethnics groups are Hausa, Afo, Gwari, and Gwandara. The earliest inhabitants were predominantly farmers and some of them are fishermen they use river for their routine fishing.

Besides, they were also engaged in rearing of cattle, black dying and weaving. Meanwhile, trading is one of their major occupation as a result of the establishment of the Federal Polytechnic.

CHAPTER TWO

2.0 LITERATURE REVIEW

For the most part, the crux of the conventional analysis centers around this presumed correlation between poverty and the environment. This cycle, according to Nayak (2005) is Malthusian in the sense that, farmers when pushed by population increase and poverty extend cropping into fragile marginal lands and degrade them. This results in a decrease in yield which further impoverishes farmers.