Federal Government Warns Landlords Against Charging Tenants Monthly, Quarterly or Half Yearly

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peaking at the opening ceremony of the 15th Abuja Housing Show on Monday, Minister of Works and Housing, Babatunde Fashola , represented by the Minister of State for Works and Housing Abubakar Aliyu , said that it is evident that most houses available for sale or rent belong mostly to individuals and private companies as compared to government owned houses…

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In a move to ameliorate the plight of tenants owing rents or facing eviction, the Federal Government is urging landlords of private property to refrain from the ongoing practice of charging tenants annually or biennially and instead charge tenants monthly, quarterly or half yearly.

Speaking at the opening ceremony of the 15th Abuja Housing Show on Monday, Minister of Works and Housing, Babatunde Fashola , represented by the Minister of State for Works and Housing Abubakar Aliyu , said that it is evident that most houses available for sale or rent belong mostly to individuals and private companies as compared to government owned houses.

He said that following the call to improve housing access and affordability in the covid-19 era and as he recommended during the Federal Executive Council meeting, private companies and individuals should give back some of what they control to citizens in the way that the Federal Government of Nigeria has given back to citizens some of what it controls.

He said that one way they can do that is to make payment affordable for tenants.

He also said that in situation where the rent has fallen into arrears, the landlords can emulate the federal government by rescheduling the payment for the tenant to more affordable terms, instead of eviction.

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