The Nigerian Senate is reportedly working on a bill that will check the high rate of house rents in Abuja and other parts of Nigeria.

The Senate Committee Chairman on Federal Capital Territory, Senator Dino Melaye, has said.

According to Punch, he said the ‘Rent Edit’ bill would protect tenants and landlords and promised that lawmakers would ensure the passage of the bill before the end of the 8th Senate.

Melaye disclosed this in a statement issued by the Director of Information at the housing arm of the Federal Ministry of Power, Works and Housing, Eno Olotu, in Abuja, on Wednesday.

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.”

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Lol

we are not reducing anything, it costs money to build the house, pump water for the tenants almost every week & you expect us to reduce the rent when everything for market keeps getting expensive.....metchew

Foolish law makers have they reduce the cost of building materials?

Many houses has government built for the masses? What has government done to reduce inflation an cost of building materials?

If government can take over all the buildings in the country, pay off the landlords and introduce a mortgage system, then this bill will fly.

Reduce prices of building materials so that people can own houses

Start from the price of cement and iron rod.

Jiang:
we are not reducing anything, it costs money to build the house, pump water for the tenants almost every week & you expect us to reduce the rent when everything for market keeps getting expensive.....metchew

spot on

Unrealistic Bull-shiit.

Na Una buy nail and block for them?

when una go pass bill to reduce data and university tuition.??