Come to think of it, government legislation should be in such a way that things must be made easier for the citizen. Our rentage system in terms of tenancy law does not favour large populace in the area of payment. No worker be it government establishment or private companies, pay a year salary to their staff, therefore, how come about payment of 1year or more accommodation rent in Nigeria system.
In advance countries, what is practictable and obtainable is pay as you go house rent and this makes life easier for their citizen.
I suggest there should be a legislation at federal and state level, to foster pay as you go accommodation rent in order to reduce unwanted hardship meted to people.

walezy14: Come to think of it, government legislation should be in such a way that things must be made easier for the citizen. Our rentage system in terms of tenancy law does not favour large populace in the area of payment. No worker be it government establishment or private companies, pay a year salary to their staff, therefore, how come about payment of 1year or more accommodation rent in Nigeria system.
In advance countries, what is practictable and obtainable is pay as you go house rent and this makes life easier for their citizen.
I suggest there should be a legislation at federal and state level, to foster pay as you go accommodation rent in order to reduce unwanted hardship meted to people.

Good idea but you failed to analyze the situation properly or even observe what really happens in the foreign countries! In the foreign countries you mentioned, the federal government is not responsible for such laws! Go and check well and tell me where in the West, the federal government is setting laws for millions of their citizens several thousands of KM away and removed from their local realities! The state government is more appropriate for setting laws within their states and that is more appropriate!

Also, note that it is possible for a credit system to work when you know or can know the identity of who lives where and can gain insight into their credit worthiness. In Nigeria without any public record or credit companies who continually track the credit records of individuals and companies, there is no way you expect property owners to assume the big risk that a renter would default, thrash his property and run away for him to pick up the tabs running into thousands of Naira! What you should be doing is putting the horse before the cart, first allow Nigeria to run as independent states / regions, states make the laws at the assembly, (tenancy laws), federal / regional governments enumerate and keep factual records of populations and other indices so that when you move one part of the country to the other, you MUST register there and your record gets updated! Then banks can begin to actually operated credit card services and be able to track overtime and measure the level of risk with individuals and companies based on their history!