Okechukwu Nnodim, Abuja

The Federal Government on Tuesday charged property developers to reduce their rents and the value of properties in consideration of the economic hardship across the country.

According to the government, the values of properties and rents in other nations of the world are falling as a result of the global economic slowdown being experienced.

Speaking at the inauguration of board members of the Estate Surveyors and Valuers Registration Board of Nigeria in Abuja, the Minister of Power, Works and Housing, Babatunde Fashola, said many houses in Nigeria were empty while a lot of people lacked accommodation.

He said, “For me, I think the most important message I’ll like to share at this inauguration is to pose the question on whether the current land valuation system and values are consistent with the reality of our economy. You as experts must answer that question because we have a very challenging economy.


http://punchng.com/reduce-your-rents-fg-tells-landlords/

I agree

And what impact do they partake to help the house owners?

Mortgage na zero, only assign to to the selected few.

Also, Govt go build house all in the name of the mass and if will end up in the hands of the Consultant just to make sure it doesn't get to appropriate people who are desperately in need of it.

Now i am reading on funny news about reducing the House Rent.. Though Landlord and Landlady+Property Managers no dey help at all, Dem Fit Screw You of all your money all in the name of Rent and all sort of funny charges.

May GOD Help Us.

Ramadan Khareem To You All Muslim and Muslimat In The House.

Hmmmm...
But they still pay millions to whoever is the landlord of Aso Rock. Go agitate for reduction there first. Corrupt bastards.
N74 million paid as rent for Aso Rock in 2016.
I weak.

Make thunder fire owner.

I thought Osinbajo said there is 30k house?? Let them go and buy!

Henhen

Make I go show my landlord this page sharp! sharp!!

Okay

Oya Landlords shea una don hear?

Good news for tenants!

Idiots....

another animal talk

Make landlord reduce der house rent.... Na u build am 4 dem... Reduce d recession den house rent will reduce

According to the government, the values of properties and rents in other nations of the world are falling as a result of the global economic slowdown being experienced.

Dera Fashiola,
Due to GLOBAL ECONOMIC SLOWDOWN being experienced, poitical office holders like you across the world have cut down their jumbo salaries and allowances , but in Nigeria you and your corrupt ellite friends have all trippled yours and you have the guts to vomit rubbish about land lords in a supossed free economy?

please walk into the nearby building material shop and inquire the price of building materials in 2014 as opposed to 2017.
Dear Fasiola, please buy sense.

Let me forward this link to my Landlord now...

It's like these landlords are the ones that bought N30,000.00 house from FG

Federal Government should reduce taxes, and subsidize cement so that it should be sold at 500 Naira a bag.

Rubbish, abi the gave me Free material I used in building my house or the asked building material Sellers to reduce their price. Useless government

Reduce your taxes and fuel price, landlords say to FG

Or what?

if I hear

He should say that to Tinubu who is the number one Landlord in Africa

No be only reduce...

Roof wey dey leak.... our landlord from ogbomosho never do am...na to reduce rent him go cum do


na only owoda the idiot sabi talk

Nigerians don't know anything about long term investment , once they build a house they want to get back their full investment in just a year

Jokers!

It is a capitalist system FGN, if you have forgotten.

The only option you have to achieve this rant is to build more houses, so much so that demand and supply for rented apartment balances out.

make Federal government too reduce The prices of building materials

I agreed so far cement can be sold for 1200

For their own houses again? You want to dictate for them?

If you want rents to reduce, work on the economy and make things cheaper.

Funny FG

Uncle Fasola do something about this our epileptic power supply first

why should they? do u give them money to buy the land, cement and ,materials?
do u give them subsidies when they are building?
do u consider tax waivers when u are rolling out your mutiple taxes,

The problem with the Nigerian government is that they take, take and take, but cannot give, they want you to be incorruptible, yet steal your pensions, they want you to be patriotic but do not offer you the beasic neccesities
they want you to loyal yet do not care if you ae dead or alive, enough of this one sided relationship.

waka



Reduce electricity tariff, Fuel Price, price of staple foods, price of Cement, etc first before saying this

When will this FG ever make sense? Seems Buhari has infected them all with senility, from Osinbajo to Fashola etc.