Government urged to regulate ‘greedy’ Abuja Landlords, seeks ban of “2 years rent”.

The Federal Capital Territory (FCT) Administration has been asked to take bold steps to make laws restricting payment of one or two years rent in Abuja by tenants.

The Permanent Secretary, Common Services Office in the office of the Head of Service (HoS), Yemi Adelakun, stated this at the weekend while responding to questions by The Guardian in Abuja on ways to free the civil servants from paying one or two years’ rent to Abuja landlords.

Adelakun said that the FCT administration should take a cue from Lagos State government that recently made such laws in addressing the lingering practice of pre-paid rents.

“The government, through some persuasions, can get landlords to be more humane in their demand of rents from tenants.”

Besides, Adelakun said the success of providing affordable housing to Nigerians primarily depends on availability of land because it constitutes 30 to 40 per cent of the total cost of a house.

He further said: “So, if Nigeria must deliver affordable houses to her teeming population, we have to liberalise the Land Use Act of 1978, make it available to the people or to the various schemes that are coming up daily for mass housing. They could be given these lands at a very low price or even free to serve as government’s contribution to free and affordable houses for the people,

“Land title has also become a major obstacle to quick realisation of affordable houses for the people. There are people who are interested in building or sponsoring affordable housing in Nigeria, but because land titles are not easily available in Nigeria, they cannot support it.”

The Three Kidnapped Landlords and Their Fitness Trainer Released

The three landlords at Oshorun Heritage Estate, Isheri Kennedy Ucheagwu, Dr. Omololu Bello, Fidelis Esang, who were kidnapped last Saturday along with their trainer, Coach Oni by gunmen dressed in Military camouflage while they worked out near Lekki Garderns Estate have been released.


The gunmen who initially demanded N300 million as ransom for each of them later reduced it to N20 million.
The alleged kidnappers who are said to be young boys have been reportedly tracked through the phone number they used in contacting the victims’ relatives with. Their messenger has also been
identified as Mary.

Spokesman for the Estate Association who confirmed the release of the victims, he said:

“We thank God. They have been released. They got home late. I don’t have much details now”.

 

Abuja Landlords Now Collect Rent In Dollars

According to the report published by the Daily Trust newspaper online, getting a decent accommodation for business in Abuja is now becoming increasingly hard, as most of the landlords no longer want their rents in Naira but in dollars.

“Renting a small place, maybe 60 square feet room, nothing fantastic and you find yourself paying a lot of money in dollars. Most such places will take from you in this town, at least $300 per square meter [close to N60,000sqm],”  said Tope Fasua, an economist who does financial consulting and advisory services, of his experiences at the hands of property owners in Abuja.

 

Read More: dailytrust.com.ng