Browsing by Author "Ibisola, A. S."

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    Methods of Intellectual Property Valuation in Nigeria: Preference of Estate Surveyors and Valuers in Southwest, Nigeria.
    (Journal of Harbin Engineering University Vol 46 No. 7, 2025-06) Ibisola, A. S.; Ayedun, C. A.; OLOKE, Olayinka C.
    Estate Surveyors and Valuers (ESVs) are by laws, education and training recognised and adjudged as the most qualified professionals to determine the value of interests in property in Nigeria. In doing this, many processes and ingredients are necessary to be blended together to arrive at acceptable and market compliance value. One of such tools or ingredients are the methods of valuation adopted in the course of the valuation processes for different purposes and at a specific point in time. This study evaluates the preference of ESVs among the various methods of IP valuation in Nigeria. Total number of 247 questionnaires was used to elicit data from the practicing ESVs in Southwest, Nigeria. The data obtained were analysed with the use of Relative Importance Index (RII). It was found that the sampled ESVs preferred the use of Rule of Thumbs methods of IP valuation on the basis that the methods are very easy to use and devoid of rigorous calculations. Findings further showed that ESVs preferred the use of Discounted Cash Flow (DCF) and premium profits approaches as variants of income-based methods. The study therefore recommended the inclusion of valuation of IP in the valuation curricula of institutions offering Estate Management in the study area.
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    Users’ perception of the physical work environment in Covenant University
    (Materialstoday: Proceedings, 2024) Peter, N. J.; Ibisola, A. S.; Oluwatayo, A. A.; Omotosho, V. J; Okagbue, H. I.
    Office users within higher institutions in Nigeria have been facing several challenges regarding the condition of their offices ranging from abstract concept like office orientation and positioning, to how conducive the office environment is for work. This condition may include unbalanced room temperature, inadequate ventilation and absence of efficient day lighting amongst others. This paper examined the condition of physical work environment of lecturers in Covenant University, Ota, Ogun State, Nigeria. A total of 183 questionnaires were administered, and a response rate of 72% was achieved and used for the study. Data collected was analysed with the use of Relative Agreement Index. Having assessed the condition of the physical work environment of lecturers using five of the essential features of a physical work environment, which are: ventilation, lighting, color, noise and indoor plants, the result showed that majority of the respondents were satisfied generally with the physical work environment in the University. However, with respect to each of the individual feature, they expressed a number of dissatisfaction – some offices do not have access to daylight, neither can they access natural ventilation, some other do not have window view, amongst other displeasures. The study recommends that since the Physical Work Environment (PHE) plays a very important role in an office for organizational survival, and for enhancing employees’ productivity, the University Management should consider retrofitting the offices that need to be made adequate for employees’ productivity.