SENATE TO PASS BILL TO REDUCE HIGH HOUSE RENTS - OYA Magazine
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SENATE TO PASS BILL TO REDUCE HIGH HOUSE RENTS

By on June 22, 2017

By Bankole Wright

The Nigerian Senate is reportedly working on a bill that will check the high rate of house rents in Abuja and other parts of Nigeria.

The Senate Committee Chairman on Federal Capital Territory, Senator Dino Melaye, has said.

According to Punch, he said the ‘Rent Edit’ bill would protect tenants and landlords and promised that lawmakers would ensure the passage of the bill before the end of the 8th Senate.

Melaye disclosed this in a statement issued by the Director of Information at the housing arm of the Federal Ministry of Power, Works and Housing, Eno Olotu, in Abuja, on Wednesday.

He said, “Not everybody can own a house. The Rent Edit Bill will help guide and curb excessive rents in the Federal Capital Territory and the nation at large.”

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