Afrigather - A Nigerian man who owns a home has elevated the lease of the flats, citing the elevated value of cement
- A viral story shared on X by Fitila signifies that the home shouldn’t be new, because it was constructed 30 years in the past
- Nevertheless, the owner is alleged to be hell-bent on getting extra money from the home as the price of cement climbs
A Nigerian landlord stated his tenants must pay extra lease as a result of there was a rise in cement costs.
The owner reportedly increased the rent on the flats in his home, citing the skyrocketing value of important constructing supplies akin to cement.
The owner complained that the price of cement was excessive. Photograph credit score: Getty Photographs/FG Commerce and PIUS UTOMI EKPE. Man’s picture used for illustration solely.Supply: Getty Photographs
The story was shared on X by a consumer named Fitila, who stated some particular person Nigerians are a part of the issue.
The put up famous that the home the person was rising lease on was constructed 30 years in the past.
The put up reads:
“A landlord who constructed his home over 30 years in the past is rising home lease as a result of cement is pricey. We’re depraved to ourselves.”
See the put up under:
Reactions as landlord will increase lease
@adewalefajana stated:
“Has he recouped the funding in land and constructing and made an honest revenue margin? Does he keep the home? Does he pay floor rents? Does he present amenities that makes the property tenantable- Water? Gentle? Safety? Does he pay for providers to handle the home?”
@BenDiaspora stated:
“When that landlord desires to purchase rice now, does he journey again in time? Which a part of inflation impacts everybody did you miss in economics class in highschool.”
@kejay_prince stated:
“As a result of when he desires to make repairs, he travels again in time.”
@IamEriOluwa stated:
“No! A landlord who constructed his home 30 years in the past invested his cash with the hope of getting return on his funding. So, he’s rising the lease to hedge himself towards inflation and keep good return for his funding.”
Nigerians assist outdated man to start out cement enterprise
In the meantime, TheTalk.NG reported that Nigerians on social media put smiles on the lips of an outdated man who was noticed working arduous at a building website.
It began when the person was noticed moulding block regardless of having issues together with his posture.
Nigerians have now opened a cement business for him, beginning with a complete trailer load of Dangote cement.
Supply: TheTalk.NG
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