Just In: Reps to Take Bold Decision on House Rent Nationwide, "Wanton Exploitation”

Nigerian Lawmakers Propose 20% Cap on Rent Increases

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigerian-lawmakers-propose-20-cap-on-rent-increases/Nigeria’s House of Representatives has condemned arbitrary rent increases across the country, urging that no rent increment should exceed 20 percent of the existing rate, regardless of infrastructure upgrades or other considerations. The decision followed a motion presented by Bassey Akiba, who repre…

Rent Increment Must Not Exceed 20%, Even After Renovation - Reps — Akelicious

The House of Representatives has condemned the arbitrary rent increases across Nigeria, urging that no rent increment should exceed 20 per cent of the existing rate, regardless of infrastructure upgrades or other considerations. The decision followed a motion presented by Bassey Akiba, who represents Calabar Municipality/Odukpani Federal Constituency, titled “Need to Regulate Arbitrary Rent Increase and Protect Tenants from Exploitation.” The Ho…

Reps propose house rent increase of not more than 20% - Newsy People

The House of Representatives has condemned the arbitrary rent increases across Nigeria, urging that no rent increment should exceed 20 per cent of the existing rate, regardless of infrastructure upgrades or other considerations.   The decision followed a motion presented by Bassey Akiba, who represents Calabar Municipality/Odukpani Federal Constituency, titled “Need to Regulate Arbitrary Rent Increase and Protect Tenants from Exploitation.”   Th…

Reps Advise FG, States to Cap Annual Rent Increases at 20%

By Modupe Gbadeyanka The federal government and the state governments have been advised by the House of Representatives to implement rent control measures to stop the exploitation of housing deficits in the country by landlords and real estate agents. At the plenary on Thursday, the green chamber of the federal parliament said it was worried […]

Just In: Reps to take bold decision on house rent nationwide, "Wanton exploitation”

The House of Representatives urged the federal government to regulate house rents with states, decrying landlords’ “wanton exploitation” of Nigerian tenants

“Curb Arbitrary Rent Hikes” — Reps Urge FG To Protect Tenants Amid Rising Rental Costs

The House of Representatives on Thursday urged the Federal Government, through the Ministry of Housing and Urban Development, to take urgent and decisive measures to curb the growing trend of arbitrary rent increases across the country. The House, which described incessant rent increment as exploitative and detrimental to citizens’ welfare, took the resolution following the adoption of a motion on notice at Thursday’s plenary, sponsored by the m…