An Evaluation of the Trends in Land Values around Institutions of Higher Learning in North Central Nigeria

Abstract

The need to study trends in land values around institutions of higher learning cannot be overemphasized. Numerous studies in Nigeria have investigated the economic and social influence of the siting of institutions of higher learning at the micro, meso and macro levels. However, very few studies have evaluated the extent at which such institution influences local land values. Institutions, to a large extent, exert an element of control on the physical and environmental aspects of their immediate vicinity. Therefore, attention must be in place to evaluate the influence of such control on land values. This study examined the trend in land values using the Mann-Kendall analysis in order to determine monotonic increase, decrease or stability in the land values across six institutions of higher learning for the period between 2004 and 2014. Specifically, the results of this study revealed that land values have either been increasing or remained stable in all institutions. The study finally recommends measures that can be put in place as counter measures for land values across institutions of higher learning.