Landlords, Tenants React To Senate Monthly Rent Bill Proposal

LAGOS FEBRUARY 9TH (NEWSRANGERS)-Nigerians have expressed varied viewpoints on the government’s proposed decision for tenants to pay house rent monthly, as opposed to the annual payment. The Senate has passed for second reading a bill seeking to regulate rent payments in the Federal Capital Territory (FCT). The proposed legislation, sponsored by Senator Smart Adeyemi (APC,…

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Senate Proposes 3-Month Jail, N1m Fine For Landlords Who Default On New Rent Bill

LAGOS FEBRUARY 8TH (NEWSRANGERS)-A Senate bill seeking to make it an offence for any landlord to demand payment of advance rent from tenants of residential and office buildings and spaces beyond three months, has prescribed a three-month jail term or N1 million fine for offenders. The bill titled, ‘Advance Rent for Residential Apartments, Office Spaces,…

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Fashola Proposes Three-Month Rent Collection By Landlords As Against Three Years

LAGOS JULY 16TH (NEWSRANGERS)-The Minister of Works and Housing, Babatunde Fashola, has suggested the collection of three-month rent by landlords and property owners as against the collection of three years rent which he said made housing unaffordable for Nigerians in urban centres. The minister made this known on Thursday at the weekly State House Briefing…

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Bayelsa Landlords Protest Against Planned Demolition Of Houses By Navy In Yenagoa

By Amos Okioma LAGOS MARCH 6TH (NEWSRANGERS)-Landlords and house owners in Okoria community in Agudama-Epie, Yenagoa Local government area of Bayelsa State have taken to the Streets to protest against alleged forceful demolition of their property by the Central Naval Command. The aggrieved protesters marched through the Melford Okilo Road terminating at the Government House…

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