Amaggedon:
What about workers mode of payment ? Workers should be paid per hour so tgst bosses will stop using nigerians like slaves ib their own country

Yes o. That too

Yes, but it will discourage investment in housing development because it won't be easy for the landlords save up

quote author=Ikem11 post=128156303]
It is a good development... collecting monthly or yearly still boils down to same amount only that it's more easier for tenant to pay and up to the landlord to save.[/quote]

Nobody is bitter about it,my concern is that it will discourage investment in housing development and that will worsen the housing deficit issue in the country, if the government can not provide funding for housing development or build houses for mortgage to her citizens ,they don't have moral justification to tell landlords who struggle to build his house how to collect his or her rent . A ton of iron is N650,000 to do foundation only you should be talking about minimum of 10million and there's no way you will complete building without borrowing.

mastermaestro:


Monthly rental is a global practice. Nobody is asking for free housing from private owners. Just make it monthly so wage earners don't choke trying to pay rent.

May I remind you that house rentage used to be on monthly basis in Nigeria until about 2 decades ago when sharks took over and began demanding two to three years from prospective tenants. Someone wants to bring regulation to a vital area of human existence. You should not be bitter unless you are a part of the chain bearers.

Trimjos:
Foolish senator. Only good at marrying babies

All these looters we have as politicians are always out of ideas - always vomiting nonsense

You are more foolish. This bill will save the common man a lot of stress.

babajero:
E be like sey na house rent your papa take dey feed una, that is why e pain you like this.

do you have a father?do you value him?
The way you talk about people's father's tells us how much you esteem yours,that is if you have one

Nakedtruths:
This senator very stupid

How can a man at his level be stupid?
Lol

Trimjos:
Foolish senator. Only good at marrying babies

All these looters we have as politicians are always out of ideas - always vomiting nonsense

let it be known that 59 akwuyoyi are in this forum.

Trimjos:
Foolish senator. Only good at marrying babies

All these looters we have as politicians are always out of ideas - always vomiting nonsense

Jealousy....because you married an evening newspaper doesn't mean everyone is a loser like you.

Trimjos:
Foolish senator. Only good at marrying babies

All these looters we have as politicians are always out of ideas - always vomiting nonsense

Na you foolish pass

Trimjos:
Foolish senator. Only good at marrying babies

All these looters we have as politicians are always out of ideas - always vomiting nonsense

but his idea is good nah

Landlord no hate am...we go just dey do shortlet...ask UK...who go chase tenants every month...the man just dey play lol

Machinegun91:
I love this move as a tenant.


I hate it as a landlord.

The so called gaint is to back ward

Monthly rent in a country where workers can go three months without being paid.

How many employers both governments and private sector pay salary before month end??

Abi make tenant go borrow money pay.

This is putting the cat before the horse.

He should first propose a bill for every employer of labour in Nigeria to pay salary on or before 27th of every month.

Trimjos:
Foolish senator. Only good at marrying babies

All these looters we have as politicians are always out of ideas - always vomiting nonsense

You are the foolish one because that is a very good bill.

SeunBilton:


https://www.google.com/amp/s/thenationonlineng.net/nwoko-to-present-monthly-rent-payment-bill-at-senate/amp/

Nigeria, the only country in Africa, perhaps in the world, where tenants pay rent in a year or many years in advance.
Govt hardly provides houses for citizens to rent or buy.

If the govt makes the law, who is to defend the law?

Most of those senators will not support the bill cos most of them are guilty of the so called one year rent thing

It is actually a good suggestion, if u have traveled out of Nigeria, you will know why it's a very good idea.

Seriously? Considering this bill is a very good bill. This is what is obtainable in advanced countries

Trimjos:
Foolish senator. Only good at marrying babies

All these looters we have as politicians are always out of ideas - always vomiting nonsense

I stayed in Istabul ,Turkey for 2 years . Most landlords if not all don't accept monthly payment anymore . The best one you will see is 6 months . The proposed monthly payment will cause hike in the rent I bet it with everyone .. All this people are out of ideas .there are better bills he can present rather than all this .

Will this crazy bill solve huge problems Nigerians are facing? Why don't you sponsor bill for the restructuring of this country

being:
Who send him msg?
Even the tenants he thinks he is fighting for - he is really not helping them... when u have to pay for a yr
, u plan yourself well ,pay and forget about rent pressure. If u don't have u borrow or u negotiate with landlord to pay 6 months or some months... rather than cause a monthly chaos

Monthly tension. The bill is unnecessary.

Paraman:
House rent will become more expensive

You are right, pls what can work in this Nigeria?

I already do it with my tenants. They pay me every 3months

Even in Bénin Republic our neighboring country they pay 3 months or 4 months depends your agreement with your Landlord in most cases if you pay 3 months you start paying on monthly basis after a month elapses if it's 4 months you also starts paying after a month or two months elapses depending on the agreement and it's ok like that because it will enable most idle landlords to smile to Thier banks every month and also becomes easy for the tenants to pay it monthly I think it's a welcome development

The big guy are the landlords including him. The monthly payment will favour them, it will lead to increase in rent. Quit notice will be short. Rent will almost be calculated like hotels.

Wrong bill !!!

Many will be homeless if monthly payment is allowed.

This Senator does not know Nigerians are suffering at all!

Monthly rent is only good in a country with stable good economy and high employment rate.

iLoveYouToo:
■ Lol. Tenants can go to hell right?
Even in a free market they'll always be some degree of government control, both landlords and tenants out to be put in check.
What this may portend is tenant can be evicted instantly if they fail to meet their monthly obligation (rent)
As a landlord currently paying rent in another state I'm 100% in support of this law

All round nonsense conclusions!

As a landlord were you forced by a law to demand yearly rent from your tenants? And as a tenant, what stopped you from looking instead for rental property that require maybe even month-to-month payment? NIGERIANs ehn. There are properties out there that even operate month to month rent contracts, though not many, why not opt for those? Why does Nigeria need a law to cause people to do what people ought to be freely to choose for themselves?

12345baba:
I already do it with my tenants. They pay me every 3months

You can even charge monthly even without a law requiring it. So why is there a need for a law to impose what should be a choice made between business and the demand chain.

MadamExcellency:
■ You are confused, a young graduate can start a process of disengaging from the parents with a meagre budget. Others include:
1. Flexibility: Allows for easy relocation or changes in living arrangements.
2. Affordability: Smaller, manageable rent payments improve financial planning.
3. Protection: Gives tenants the option to move out if living conditions are unacceptable.
4. Negotiation power: Shorter terms enable rent renegotiation and potential savings.
5. Easier financial planning: Consistent payment schedule aids budgeting.

Overall, monthly tenancy provides flexibility, affordability, protection, negotiation power, and easier financial planning for individuals from the poor and middle class.

This is utter nonsense. You for try also convincing us that the financial planning go somewhere make renters rich top while you are at it.

The imposition of monthly rental contracts is totally unnecessary. The decision of whether the contract should be annual or monthly should be determined by the business and the customers. Government should have no right making that decision on behalf of Nigerians. It can instead work on strengthening rental laws to make them easier, more meaningful, and accessible to both landlords and renters. But Government, especially that of Nigeria should not not determining the contract that should apply in any case.

Very unrealistic and unachievable..
Go look for teenagers and keep marrying them. That's all you're good at.

Kobojunkie:
All round nonsense conclusions!

As a landlord were you forced by a law to demand yearly rent from your tenants? And as a tenant, what stopped you from looking instead for rental property that require maybe even month-to-month payment? NIGERIANs ehn. There are properties out there that even operate month to month rent contracts, though not many, why not opt for those? Why does Nigeria need a law to cause people to do what people ought to be freely to choose for themselves?

Being compelled to cough up 1-2 years rent isn't easy for most people especially considering the state of the economy today.

Depending on how you look at it, it's even better for the landlords if you factor in inflation.

Your stand is too rigid


No matter how long we banter on about this it won't affect the eventual outcome

This is a good development.