GOOD STUFF!! Senate To Probe Landlords Over Incessant Increase Of House Rents [CLICK]

Senate. (FILE PHOTO)

The Senate has disclosed plans in the offing to begin probe on landlords across the country over incessant increase in house rents.

This was made known by the Senate Committee Chairman on Federal Capital Territory, Senator Dino Melaye at the 2nd Abuja Housing and Investment Expo in Abuja on Wednesday.

A statement issued by the Director of Information at the housing arm of the Federal Ministry of Power, Works and Housing, Mrs Eno Olotu, revealed that the bill titled the ‘Rent Edit’ bill would protect both tenants and landlords.

Melaye assured that lawmakers would ensure the passage of the bill before the end of the 8th Senate and urged stakeholders to put the interest of the people first.


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.”

The Minister of Power, Works and Housing, Babatunde Fashola, in his keynote address, noted that the theme of this year’s event, ‘Housing and Investment for Economic Recovery’, was apt considering the fact that the provision of affordable housing, investments and job creation would ensure economic recovery.

He further expressed his ministry’s readiness to collaborate with private sector players in order to enable citizens purchase affordable homes based on their incomes.

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