₦airaland Forum

Residents of Awka, Anambra capital, and Onitsha, the commercial hub, have expressed worries over the astronomical hike in rents.

The respondents made their feelings known in separate interviews with the News Agency of Nigeria (NAN) on Saturday in Awka.

They complained that rents for residential houses, offices and shops were becoming so high that they now adversely affect the living standards of residents.

Miss Uchenna Okafor, a computer operator in the Aroma area of Awka, said she was initially paying N80,000 for a single room self-contained, but lamented that her landlord later raised the rent to N120,000 per annum.

Another resident, Titus Maduako, said he used to pay N300,000 yearly for a three-bedroom apartment he lived, but said that his landlord recently served the occupants a notice increasing the rent to N400,000.

Mr Alloy Attah, who resides in Onitsha, also said that rents for shops and offices in the commercial city had gone out of the reach of the low and middle classes.

“About two years ago, you can hire a shop for between N5,000 and N10,000, but now the rent has doubled, the same applies to offices and residential apartments”, he said.

He noted that the situation was adversely affecting the residents who had other family needs to cater for.

Mr Ignatius Nwanando, an estate agent in Awka, blamed some landlords for the rent hike.

`Some landlords will tell you to increase the rent to the same level with recently built houses regardless of the fact that the new ones have modern facilities compared to the old buildings.

“They will equally say that you should add caution fee, agreement fee and the main rent and we too must get our percentage as agents too”, he said.

Nwanando said that it was up to the state governments to legislate on real estate matters with a view to reducing the challenges faced by urban dwellers.

Mr Paulinus Uche, a landlord in Awka, said the hike on rent was due to arbitrary increase in the prices of building materials and the excessive charges by government regulatory agencies.

“Those blaming landlords for rent increase should visit the market and price building materials.

“Apart from that, enquire on what it takes to buy a plot of land in any state capital in the South-East, start excavation and see the army of government and community agents that would be visiting your site”, he said.

Uche said that government must be sincere in handling the factors that resulted led to the hike in rents.

“For instance, we heard that a bag of cement produced in another African country sells lower than the price we currently pay in Nigeria, even when it is our son that owned both factories.

“Our leaders should look into such matters to make live better for the people”, he said.

(NAN)

Odikwa maka security provisions......and Inflation Buhari

[img]https://media1./images/bbc0c2df2e8f8730356ed877b41930d7/tenor.gif?itemid=15100453[/img]

(Pay up.....Biko)

Did you know??

The more homework that a child receives, the more likely that child is to suffer from depression.

Things are more costly in the East tho.

Thats expected btw download foreign dj mixtapes on foreigndjmixtapes.com

Lagos own na die.

Ordinary boys quarter in magodo is about 500k now.
Excluding agent, agreement and commissions ooooo.

Odidi half a million naira

rent hikes are everywhere

even Uyo has experienced a serious rent hike
there is a scarcity of new houses in reference to new population

Dearth of government funded residential estates are the cause
If govt can continue building low cost houses, issues like this won't arise

Rural development is also key ,decongest the urban areas,provide rural infrastructure

O dikwa egwu really

It's Everywhere, even in warri.
If you are renting a 2 bedroom apartment now in warri, your rent is about 10-20% of building a 2 bedroom flat

Please, check my signature

Cost of living is way higher too in fact self na we the citizens be our biggest enemy to ourself in this nation

I Hate To Say This But I Must Say It:
"Ajmaajagtgpgjgtjajgmtjajjgjgjptjjatgjgagtbgjagjamjmhjtajmagagt" To President Buhari.


That Is An Arab Word Meaning "Reduce The Cost Of Living In This Country Or Else"




#Say No To Weed

East doing East.

Nothing to see here.

I see Nigerians going back to mud houses with rafia palm roofs, because of hardship, I see youth both male and female walking nakéd due to their inability to afford clothes, I see all the top government officials being murdered, I see a new government arising to save Nigerians. This I have seen.

400k for a 3-bedroom in Anambra

We’re really suffering in this port harcourt ooo

My one bedroom is 450k and eii no even standard like that sef

Noted

When will Lagosians protest?

The rent has increased everywhere

Come to Rivers And See

So what should those of us in Lagos do?

Lagos is the worst. A single room selfcon is 350k now and that's even the least you can get cos some are 650 to750k in my area. Then Three bedroom flat is around 1.6 to 2 million naira per annum.

God help us with this housing issue.

Opoor

Jamesbally:
Another good news from the East. When Nnandi Kanu, IPOB TERRORIST and ESN are done with the EAST ehn. The region will become a shadow of itself.

The large contingent of senseless youths that invade Nairaland every day is rather worrisome. What do Nigerian youths typically learn in school these days?

probably the yahoo boys

Most landlords are wicked. Thank God I don't pay rent anymore.

Time to rush and build residential houses and shops in Onitsha and Awka so I can cash out

Let’s blame Buhari.

God, you have plenty reasons for sending me to this country. You're the only one who can make life easy for me in this hellhole. Give me succor and fortunes to survive this country's hardship. (Amen)