The Minister of the Federal Capital Territory, FCT, Nyesom Wike has admitted the government cannot force landlords in the city to reduce rent. According to Wike, the cost of rent is market-driven. The minister stated this while speaking during the inspection of the Zeberced Quarry in Kubwa on Saturday. Wike said: “No government puts a cap as regards the cost of rent. It is the market forces. “You are aware that everything has actually increased …

Daily Post Nigeria

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We can't force Abuja landlords to reduce rent

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Wike also commended the company for employing more than 800 persons as workers in the quarry company. The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has pledged unflagging support to private investors in the territory. Wike made the promise when he visited the Zeberced Limited Quarry, Kubwa, in Abuja on Saturday, to see what the company was doing. The News Agency of Nigeria (NAN) reports that Zeberced Limited Quarry provides s…

Pulse Nigeria

Wike promises more support for private company with over 800 employees in FCT

The Minister of the Federal Capital Territory (FCT), Nyesom Wike on Saturday disclosed that the Federal Government cannot force landlords in the nation’s capital to reduce rent. Wike who made this remark while speaking at the inspection of the Zeberced Quarry in Kubwa on Saturday said the cost of rent is market-driven. He said: “No... The post Hardship: We Can’t Force Abuja Landlords To Reduce Rent – Wike first appeared on New Telegraph. The pos…

Newtelegraph

Hardship: We Can’t Force Abuja Landlords To Reduce Rent – Wike - New Telegraph

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has attributed the rising cost of housing in Abuja to market forces. Wike made this statement during his visit to Zeberced Limited Quarry in Kubwa-Abuja on Saturday to inspect the company’s activities. While responding to journalists’ questions about the FCT Administration’s plans to tackle escalating rents in the nation’s capital, Wike stressed that the rising costs reflect econo…

The Whistler Nigeria

Soaring Rents: Wike Defends Abuja Landlords

Minister Admits Government Can’t Force Landlords to Cut Rent in Nigeria’s Federal Capital Territory In a recent statement, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has acknowledged that the government is unable to compel landlords in the city to reduce rent. According to Wike, the cost of rent is determined by market [...]

mediatalkafrica.com

Rent Can't Be Forced: Wike Says Cost Is Market-Driven

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has pledged support for private investors in the territory.  Wike made the promise when he visited the Zeberced Limited Quarry, Kubwa, in Abuja on Saturday, to see what the company was doing.  The Zeberced Limited Quarry provides services in construction and quarrying of natural stones and asphalt.  The minister, who described the facility as the biggest quarry in West Africa, …

Voice of Nigeria

Wike Pledges to Support Investors in the FCT

The Minister of the Federal Capital Territory, FCT, Nyesom Wike has admitted the government cannot force landlords in the city to reduce rent.According to Wike, the cost of rent is market-driven.The minister stated this while speaking during the inspection of the Zeberced Quarry in Kubwa on Saturday.Wike said: “No government puts a cap as regards the cost of rent. It is the market forces.“You are aware that everything has actually increased beca…

Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.

We can’t force Abuja landlords to reduce rent – Wike

Wike promises support to private investors in FCT By Philip Yatai The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has pledged unflagging support to private investors in the territory. Wike made the promise when he visited the Zeberced Limited Quarry, Kubwa, in Abuja on Saturday, to see what the company was doing. The News Agency of Nigeria (NAN) reports that […] NEWS AGENCY OF NIGERIA

News Agency of Nigeria

Wike Promises Support To Private Investors In FCT - NEWS AGENCY OF NIGERIA

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has pledged unflagging support to private investors in the territory.

We can't force Abuja landlords to reduce rent

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