Read News Online – ReadNo.com – Fresh takes. Fast updates. Real news
  • Home
  • News
  • Business And Money
  • Credit
  • Cryptocurrency
  • Finance
  • Forex
  • Insurance
  • Investment
  • Loans
  • Mortgage
  • Personal Development
  • Home
  • About Us
  • Contact Us
  • Terms Of Use
  • Privacy Policy

Read News Online – ReadNo.com – Fresh takes. Fast updates. Real news

  • Home
  • News
  • Business And Money
  • Credit
  • Cryptocurrency
  • Finance
  • Forex
  • Insurance
  • Investment
  • Loans
  • Mortgage
  • Personal Development

Reps propose house rent increase of not more than 20%

rent

Reps propose house rent increase of not more than 20%

The House of Representatives has decried the rampant arbitrary rent hikes across the country, insisting that no rent increase should exceed 20 percent of the current rate even in cases of property upgrades or renovations.

The resolution followed a motion sponsored by Hon. Bassey Akiba, representing Calabar Municipality/Odukpani Federal Constituency, titled “Need to Regulate Arbitrary Rent Increase and Protect Tenants from Exploitation.”

Lawmakers also urged the Federal Government to intensify efforts toward affordable housing projects, emphasizing that greater investment in low-cost housing would help reduce exploitation in the rental market and provide relief to millions of Nigerians struggling with rising living costs.

In a related resolution, the lawmakers directed the Inspector General of Police and the Controller General of the Nigeria Security and Civil Defence Corps (NSCDC) to ensure that security officers at checkpoints who operate in plain clothes are properly identified.

They expressed concern that the absence of clear identification for officers was inconsistent with international standards and hindered accountability.

Earlier, the Lagos State House of Assembly had taken a similar stance against arbitrary rent increases. In April, it urged the state’s Attorney-General and Commissioner for Justice to fully enforce the Lagos State Tenancy Law of 2015.

The Assembly also called on the Commissioner for Information and Strategy, Gbenga Omotoso, to ramp up public awareness campaigns to educate residents about their rights under the law.

Sa’ad Olumoh, who sponsored the motion, said excessive rent increases were worsening the housing crisis in Lagos. He cited Section 37 of the Tenancy Law, which prohibits unreasonable rent hikes and provides legal remedies for tenants facing such exploitation.

Reps propose house rent increase of not more than 20% was last modified: October 24th, 2025 by Editorial-Staff
Post Views: 191
0
Facebook Twitter Google + Pinterest
Imprisonment
previous post
Court Sentences Man to Life Imprisonment for Armed Robbery in Ekiti
Abduction
next post
Man Found Dead After Abduction in Enugu

You may also like

Missing 3-year-old girl found d3ad in soakaway...

October 27, 2025

Rivers Police Arrest Suspect Featured in Viral...

October 17, 2025

An FCT High Court has sentenced a...

November 2, 2025

Police arrest three suspected child traffickers, rescue...

November 14, 2025

FG considers selling refineries to boost competition

November 6, 2025

Lady in Bayelsa raises alarm as man...

December 11, 2025

Delta State University student discovered hanging from...

September 16, 2025

Gunmen k!ll village head and one other...

October 23, 2025

House of Representatives to Investigate $460 Million...

October 23, 2025

Plane owned by Mötley Crüe’s Vince Neil...

February 11, 2025

Leave a Comment Cancel Reply

Archives

  • March 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • May 2024

Recent Comments

  1. Blessing on Blogging For Cash- How To Start A Blog That Makes Money OnlineMay 1, 2025

    That's nice

  2. Blessing isere on The Power of Passive Income: How to Make Money While You SleepApril 17, 2025

    I am interested

  3. Anonymous on Affiliate Marketing Business Kenya – Make Sustainable Income Online Selling Other People’s ProductsApril 8, 2025

    I think it is good to work with you

  4. Eiei Khaing on Looking For Ways To Make Legitimate Money Online?April 6, 2025

    Interesting

  5. Bedan on Affiliate Marketing Business Kenya – Make Sustainable Income Online Selling Other People’s ProductsApril 1, 2025

    Want to start

Subscribe to our newsletter!

Recent Posts

  • Start Before You Feel Ready: The Entrepreneur’s First Real Advantage

  • Young man allegedly st@bs his childhood friend to d3ath over water in Minna

  • I joined APC to thank Tinubu – Fubara

  • Troops repel terrorist infiltration attempt in Borno community, k!ll key fighter

  • FG announces reopening of 47 Unity Schools

Popular Posts

  • Mother and daughter drown while returning from farm in Borno State

  • US president Trump insists on suing BBC between $1 billion and $5 billion for editing his speech

  • Plane owned by Mötley Crüe’s Vince Neil involved in crash at Arizona airport

  • 10 Money Mistakes That Are Keeping You Broke (And How to Fix Them)

  • Governor Fubara denies rift with Rivers Lawmakers

  • Facebook
  • Twitter
  • Instagram
  • Pinterest
  • Home
  • About Us
  • Contact Us
  • Terms Of Use
  • Privacy Policy

@2025 - ReadNo. All Right Reserved. Designed and Developed by Readno


Back To Top