fbpx
Local NewsNewsPolitics & Governance

Nigerian senate proposes bill for tenants to pay monthly rent

The senator representing Kogi west senatorial district, Smart Adeyemi has proposed a bill to stop landlords from collecting rent annually from tenants.

“The law we are proposing stipulates a maximum advance rent payment of three months. After the expiration of the three months rent, the tenants are expected to pay monthly,” said the senator.

Adeyemi explained that the one – two years advance rent is unnecessary and as such, the bill, ‘Advance Rent for Residential Apartments, Office Spaces, Etc, Regulation Bill 2022’, seeks to make it an offense for landlords to demand rent beyond the stipulated three months.

Briefing journalists after the first reading, Adeyemi said, “We discovered that landlords are compelling tenants to make one-year and two-year advance rent payments before they would give them keys to their apartments.”

“It may not be an issue to quite a number of people but to many others, it is a great pain for them. Most Nigerians need the protection of the law to be able to meet their basic needs after paying rent,” he added.

He also stated that many of these landlords built their houses through looted money, yet they make life difficult for the poor.

“Many landlords did not secure loans to build their houses. They are products of free money they acquire from the system. Yet, they make life difficult for poor Nigerians who do not have such privilege of making ill-gotten money from the system and putting up structures,” stated Adeyemi. “There are many tenants whose salaries are competing with their rents because they live in cities like Abuja. The law will prevent the poor workers from any form of oppression.”

Follow us on social media

Related Articles

Back to top button