1.Introduction

For over sixty (60) years, land valuation and the imposition of rates were governed by the Valuation for Rating Act and the Rating Act. However, on December 4, 2024, the President signed the National Rating Bill, 2022 into law (the National Rating Act, 2024 (the Act)). The Act, which came into effect on 24th December 2024, repealed the above two statutes.

2. Scope, Purpose and objects of the Act.

The Act introduces a comprehensive and uniform legal framework and mechanism for imposition of rates on, and use of technology in valuation and rating of, land and buildings by County Governments. It also provides for the role of Chief Government Valuer in collation of valuation rolls.