Connect with us

Click here to join NNU for free and make money while reading news and getting updates daily.

abuja

Reps seek monthly rent payment in Abuja

Published

on


The House of Representatives has resolved to work with stakeholders in the real estate sector to enforce monthly rent payments.

The House resolved to also get viable solutions to the issue of arbitrarily increasing house rent in the Federal Capital Territory and recommend effective policies to regulate the activities of landlords.

The resolution followed a motion of urgent public importance moved by Emmanuel Ukpong-Udo on Wednesday.

Moving the motion, he lamented the high cost of rent in the FCT, adding that most civil servants in the capital city cannot afford the rent in the city.

Advertisement

“Monthly rent provides tenants with flexibility, better cash flow management, reasonable move-out options, and ensures a stable income stream,” the lawmaker said.

He argued that there is a “need for government to come to the rescue of the resident and formulate policies that will regulate house rents and the activities of landlords in Abuja.”

In addition, the House resolved to mandate the Federal Ministries of Housing, Habitat and Works to build affordable, low-cost houses and estates to accommodate civil servants.

The lawmakers also mandated the Committee on FCT to ensure compliance with the motion.





Source link: Daily Post

Advertisement
Continue Reading
Advertisement