Nigerian Senate proposes bill for tenants to pay month-to-month rent

Nigerian Senate proposes bill for tenants to pay month-to-month rent

Spruce Adeyemi of Kogi west senatorial district has sponsored a bill to dwell landlords from irritating annual rent from tenants.

“The legislation we are proposing stipulates a maximum come rent rate of three months. After the expiration of the three months rent, the tenants are expected to pay month-to-month,” stated the senator.

Mr Adeyemi explained that the bill grew to become compulsory with landlords irritating exorbitant one-twelve months and two-twelve months come rent.

The proposed bill stipulates a maximum come rent rate of three months and subsequent month-to-month rate.

The bill, ‘Come Rent for Residential Apartments, Situation of work Spaces, Etc, Regulation Invoice 2022’, seeks to originate it an offence for landlords to interrogate rent beyond the stipulated three months.

Briefing journalists after the first reading, Mr Adeyemi stated, “We chanced on that landlords are compelling tenants to originate one-twelve months and two-twelve months come rent payments sooner than they would give them keys to their apartments.”

He added, “It may well perhaps perhaps no longer be a wretchedness to comparatively a different of of us but to many others, it is miles a mountainous wretchedness for them. Most Nigerians need the protection of the legislation so as to meet their basic wants after paying rent.”

Per the senator, landlords who constructed homes from looted funds impoverish average Nigerians.

“Many landlords did no longer true loans to accomplish their homes. They are merchandise of free money they do from the gadget. Yet, they originate life grand for uncomfortable Nigerians who accomplish no longer fetch such privilege of constructing sick-gotten money from the gadget and place up constructions,” stated Mr Adeyemi. “There are many tenants whose salaries are competing with their rents attributable to they are residing in cities like Abuja. The legislation will prevent the uncomfortable workers from any invent of oppression.”

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