- Senate says it is working on a bill that will check the incessant increase in house rents in Abuja and other parts of Nigeria
- The Senate made this revelation known through Senator Dino Melaye, the Senate committee chairman, on federal capital territory
- The Senate noted that corruption had hindered development and growth in the housing sector
Babatunde Fashola, the minister of power, works and housing, has said that the theme of this year’s event, ‘Housing and Investment for Economic Recovery’, has considered the fact that the provision of affordable housing, investments and job creation would ensure economic recovery.
Fashola also said his ministry was willing to collaborate with private sector players in order to enable citizens purchase affordable homes based on their incomes.
Tony Ejinkeonye, the Abuja chamber of commerce and industry president has urged stakeholders to take advantage of the programme, Punch reports.
NAIJ.com gathered that Senator Dino Melaye, Senate committee chairman, federal capital territory, said the Senate is working on a bill that will check the incessant increase in house rents in Abuja and other parts of Nigeria.
Melaye stated that the ‘Rent Edit’ bill would protect tenants and landlords even as he promised that lawmakers would ensure the passage of the bill before the end of the 8th Senate.
He made this known in a statement signed by the director of information at the housing arm of the federal ministry of power, works and housing, Eno Olotu, in Abuja, on Wednesday, June 21.
The statement notes that the senator, spoke at the 2nd Abuja Housing and Investment Expo, also stated that corruption had hindered development and growth in the housing sector
Melaye urged stakeholders to have a change of heart by putting 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.”
Meanwhile, NAIJ.com earlier reported that the Minister of State for Power, Works and Housing, Mr Mustapha Baba Shehuri, had stated that the ministry would ensure that the challenge of housing deficit, put at 17 million units, in Nigeria was surmounted.
He also said that the ministry’s Public Private Partnership arrangement to build mass housing units for public workers over the next three years had reached an advanced stage in terms of implementation.
Watch this NAIJ.com TV Video of children, elderly and widowed residents of Agbado crossing in Ogun state crying out after their houses were marked for demolition by the Nigeria Railway Corporation: