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Fashola Tells Landlords To Collect Rents In Arrears - Properties - Nairaland

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Fashola Tells Landlords To Collect Rents In Arrears by dre11(m): 5:49am On Jul 06, 2018
Okechukwu Nnodim , Abuja



The Minister of Power, Works and Housing , Babatunde Fashola, on Thursday urged landlords in the country to start collecting rents in arrears beginning from today , July 6 , 2018 .

According to him , property owners across the country should understand the plights of the low - income earners .

While advocating the payment of rents after each month, as against what is obtainable across the country currently , the minister appealed to homeowners to be considerate.

He argued that salary earners , who could afford to pay rents , were not receiving their salaries in advance, but in arrears .

Fashola stated this while speaking on the theme , ‘ Innovative housing finance model as a catalyst for home ownership , ’ at an event for real estate operators in Abuja .

He recommended that there should be a landlord- tenant -employer ’ s relation , whereby the landlord reaches an agreement with the tenant ’ s employer to ensure the rent is deducted on a monthly basis from the tenant ’ s salary.

Fashola said , “If you ask me to go and bring in advance one year ’ s rent from what I’ m going to earn monthly in arrears , how feasible is that?
“ Even my salary as a minister is paid at the end of every month, not even at the beginning; then you the landlord is now asking me to bring next year ’ s salary, and we’ re complaining that there’ s corruption .

“ I tried to intervene as a governor, passing the resolution to our own council in Lagos then, but the outcome was not peaceful , because there were landlords in our midst . ”

The minister made it clear that he was not pleased with the practice of advance rent payment , arguing that all the developed economies Nigeria was being compared to were not collecting one year ’ s rent in advance.

“Those who get paid weekly , pay their rents weekly ; those who get paid monthly , pay monthly rents , ” Fashola stated.

According to him , the masses , unlike the well to do in the society , cannot afford to pay their house rents in advance.

“ I believe this meeting is about the critical mass of Nigerians , the taxi drivers , market men and women who earn their money daily and are not even sure of making any revenue for that day. Meanwhile , landlords expect advance payments , ” the minister told his listeners .

Fashola charged all landlords in the country , starting from Friday, July 6 , 2018 , “ to agree to take one month rent in arrear , ” noting that the payment pressure on the side of the tenant would be reduced in 12 months .

The minister also stated that there was no country in the world where everybody owned a home .

Fashola, at another function in Abuja , stated that claims that Chinese firms in Nigeria could be harbouring workers originally serving prison terms in their home country were subjective and unconfirmed .

He also suggested that the conditions for loans given to Nigeria by China might include the use of certain number of Chinese labour to execute infrastructure projects in the country.

He added that it was necessary for Nigeria to upgrade its influence in the world by developing its economy such that it could take such decisions in its engagements with the rest of the world , especially countries it would lend money to .

http://punchng.com/fashola-tells-landlords-to-collect-rents-in-arrears/


lalasticlala

5 Likes 1 Share

Re: Fashola Tells Landlords To Collect Rents In Arrears by MANNABBQGRILLS: 5:51am On Jul 06, 2018
Those who get paid weekly , pay their rents weekly ; those who get paid monthly , pay monthly rents , ” Fashola stated.
According to him , the masses , unlike the well to do in the society , cannot afford to pay their house rents in advance.



Truer words have never been spoken .
How we hope this can be a LAW ASAP !

57 Likes 6 Shares

Re: Fashola Tells Landlords To Collect Rents In Arrears by MANNABBQGRILLS: 5:52am On Jul 06, 2018
Fashola said , “If you ask me to go and bring in advance one year ’ s rent from what I’ m going to earn monthly in arrears , how feasible is that?
“ Even my salary as a minister is paid at the end of every month, not even at the beginning; then you the landlord is now asking me to bring next year ’ s salary, and we’ re complaining that there’ s corruption
.


This is how it is done in a sane society.
I pray we get there soon.

72 Likes 5 Shares

Re: Fashola Tells Landlords To Collect Rents In Arrears by Nobody: 6:13am On Jul 06, 2018
sad
Re: Fashola Tells Landlords To Collect Rents In Arrears by littlewonders: 6:26am On Jul 06, 2018
wink

1 Like

Re: Fashola Tells Landlords To Collect Rents In Arrears by hisgrace090: 6:43am On Jul 06, 2018
The problem is that fashola is still urging and begging, this means nothing until you make it mandatory by law.

Neverdeless, a good suggestion.

57 Likes 6 Shares

Re: Fashola Tells Landlords To Collect Rents In Arrears by Aare2050(m): 7:00am On Jul 06, 2018
Are you an unemployed graduate or undergraduate full house wife/sit at home mothers, salary earner or hand craft shop owner? hoping to gain financial freedom before the end of this year?

act now, check my signature
Do not procrastinate
Re: Fashola Tells Landlords To Collect Rents In Arrears by Authoreety: 7:00am On Jul 06, 2018
Nice one from Fashola....




Anyway, until I complete my project, ild prefer paying in advance....


Its beta for me dat way!

1 Like

Re: Fashola Tells Landlords To Collect Rents In Arrears by flyca: 7:00am On Jul 06, 2018
Na you build house for the landlord undecided

31 Likes 1 Share

Re: Fashola Tells Landlords To Collect Rents In Arrears by Bossontop(m): 7:00am On Jul 06, 2018
undecided
So after sombody has suffered, earned money, bought land and built house you wantu tell him how to run his business abii??......shey na him dey responsible for the suffering and hardship being inflicted on Nigerians??
Mtcheeww........this is not feasible

29 Likes 2 Shares

Re: Fashola Tells Landlords To Collect Rents In Arrears by Kendumazy(m): 7:01am On Jul 06, 2018
Fashola should forget that idea, it won't work in naija. Some Nigerians are very wicked. Even yearly rent pay, landlord still dey get problems with tenants for rent pay. If it's a lie. Go and ask property lawyers.

Rent pay is what most pensioners lives on. Shey na the one wey him eye done see bad things from a tenant from yearly pay you wan advise to accept monthly or weekly pay?

Police stations and courts go full with house rent complaints. The police and courts too should be prepared.

Cheap quality phones? Check my signature.

20 Likes

Re: Fashola Tells Landlords To Collect Rents In Arrears by Aare2050(m): 7:02am On Jul 06, 2018
Are you an unemployed graduate or undergraduate full house wife/sit at home mothers, salary earner or hand craft shop owner? hoping to gain financial freedom before the end of this year?

act now, check my signature
Do not procrastinate
Re: Fashola Tells Landlords To Collect Rents In Arrears by fagbohun4j(m): 7:04am On Jul 06, 2018
So na until tenant finish his salary abi. He cant understand, i pity those retirees that used their last card to build house so as to use the proceedings of the rented apartment to feed their families.

8 Likes 1 Share

Re: Fashola Tells Landlords To Collect Rents In Arrears by FuckFuckBoy(m): 7:04am On Jul 06, 2018
IgboBasthard:
Your head no correct Mr MINISTER! You should be helping distressed landlords to recover their money from the EVIL tenants mostly IBOS.

I will leave my house empty instead of renting to those people.
From your moniker it's easy to deduce that you're a kid. Wait until you ACTUALLY build the imaginary house before you choose who you rent it out to cheesy

17 Likes

Re: Fashola Tells Landlords To Collect Rents In Arrears by kingphilip(m): 7:04am On Jul 06, 2018
I think those supplying the building materials should also wait for payment at the completion of the building and the beginning of the payment of rents


Instead of him to go meet government and start building low cost houses for the masses he's passing the government inefficiencies to the landlords

Nonsense

26 Likes 3 Shares

Re: Fashola Tells Landlords To Collect Rents In Arrears by Flye: 7:05am On Jul 06, 2018
Good idea.
Re: Fashola Tells Landlords To Collect Rents In Arrears by obembet(f): 7:05am On Jul 06, 2018
MANNABBQGRILLS:
Fashola said , “If you ask me to go and bring in advance one year ’ s rent from what I’ m going to earn monthly in arrears , how feasible is that?
“ Even my salary as a minister is paid at the end of every month, not even at the beginning; then you the landlord is now asking me to bring next year ’ s salary, and we’ re complaining that there’ s corruption
.


This is how it is done in a sane society.
I pray we get there soon.


Thank you for taking time to read the message...don't mind all those headliners
Re: Fashola Tells Landlords To Collect Rents In Arrears by IgboBasthard: 7:05am On Jul 06, 2018
Your head no correct Mr MINISTER! You should be helping distressed landlords to recover their money from the EVIL tenants mostly IBOS.

I will leave my house empty instead of renting to those people.

6 Likes 1 Share

Re: Fashola Tells Landlords To Collect Rents In Arrears by david22uu(m): 7:06am On Jul 06, 2018
MANNABBQGRILLS:
Fashola said , “If you ask me to go and bring in advance one year ’ s rent from what I’ m going to earn monthly in arrears , how feasible is that?
“ Even my salary as a minister is paid at the end of every month, not even at the beginning; then you the landlord is now asking me to bring next year ’ s salary, and we’ re complaining that there’ s corruption
.


This is how it is done in a sane society.
I pray we get there soon.

Bros there is no society that comment rent in arrears... only mortgage is collected in arrears. Knowledge is power

11 Likes 1 Share

Re: Fashola Tells Landlords To Collect Rents In Arrears by Arewa12: 7:06am On Jul 06, 2018
since he his still urging... I pray it becomes mandatory
Re: Fashola Tells Landlords To Collect Rents In Arrears by david22uu(m): 7:07am On Jul 06, 2018
IgboBasthard:
Your head no correct Mr MINISTER! You should be helping distressed landlords to recover their money from the EVIL tenants mostly IBOS.

I will leave my house empty instead of renting to those people.

The same way I will leave my house empty than to rent to the afonjas

4 Likes

Re: Fashola Tells Landlords To Collect Rents In Arrears by Apple2: 7:07am On Jul 06, 2018
Nice
Re: Fashola Tells Landlords To Collect Rents In Arrears by IgboBasthard: 7:08am On Jul 06, 2018
david22uu:


The same way I will leave my house empty than to rent to the afonjas

In Igboland? Who wan rent house in igboland?

4 Likes 1 Share

Re: Fashola Tells Landlords To Collect Rents In Arrears by maasoap(m): 7:09am On Jul 06, 2018
Work with lawmakers and make it a law. But can it sail through in our national assembly and states House of assembly because 100% of them have become landlords.
Re: Fashola Tells Landlords To Collect Rents In Arrears by Imustreturn(m): 7:09am On Jul 06, 2018
Only God knows how he treat his tenants..

2 Likes

Re: Fashola Tells Landlords To Collect Rents In Arrears by Alejoc(m): 7:09am On Jul 06, 2018
Lol..... Who go pay?
Re: Fashola Tells Landlords To Collect Rents In Arrears by emmygoldlee(m): 7:10am On Jul 06, 2018
These are some of the things that our lawmakers should pass into law for us but they will not do it since its not in their interest. Nice Mr Fashola!

2 Likes

Re: Fashola Tells Landlords To Collect Rents In Arrears by Aboguede(m): 7:11am On Jul 06, 2018
Always outstanding and we all know him.


The next most expected is Religious organizations.

Every where in world religions pay taxes even in the Bible days including Jesus and Mohammed.

Religions need to pay at least 80% of all their earnings
Re: Fashola Tells Landlords To Collect Rents In Arrears by IgboBasthard: 7:12am On Jul 06, 2018
emmygoldlee:
These are some of the things that our lawmakers should pass into law for us but they will not do it since its not in their interest. Nice Mr Fashola!

You go wait tired, na you build the house?

2 Likes

Re: Fashola Tells Landlords To Collect Rents In Arrears by highsurge: 7:12am On Jul 06, 2018
Do they (builders) buy building materials in arrears? This is a case of diversionary misplaced priority.... Say something!

6 Likes

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