Good one from Sen. Ned Nwoko.

iLoveYouToo:
■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

Abegi There are places that do not charge 1-2 years out there. Look for them.

2. You as a landlord why are not now currently charging month-to-month rent from your tenants? Lying all over the place does not a point make.

Trimjos:
Foolish senator. Only good at marrying babies

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

You're not very smart

Kobojunkie:
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.

na to break the hands of those landlords that ask for 2 and 3 years rent

12345baba:
na to break the hands of those landlords that ask for 2 and 3 years rent

What for? They don't renters to sign such contractors, do they? The renters can easily choose to go find themselves other landlords to do business with.

The law is not meant to be used as a tool to bully landlords or impose the ridiculous.

Oghene86:


Don't mind the idiot, it's ok we are going to charge what's been charged abroad since you want us to collect rent monthly. A single room in the UK with shared toilets and kitchen is £500 pounds per month, that's N875,000 per month, so landlords will now charge for a month.

3 bedroom flat in the US goes for $2500 per month, that will be N3,600,000 per month

Rubbish talk….

caracas:
Rubbish talk….

Expect that to happen and fast too if this bill becomes law. And I suspect that is what I suspect those backing this bill are looking to make happen in the current economy. Una never see anything.

SeunBilton:


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

this is the way to sky rocket rent and make the masses homeless

All we need here in 9ja is to bring down the price of rent not a month payment,the increase in house rent is just too much all we need is bringing down the price in such a way in are helping the poor

A Senator is proposing a Bill that will help you and your family and you are insulting his personal life which doesn't even concern you in the 1st place....

So paying monthly rents is of no benefit to you?

Trimjos:
Foolish senator. Only good at marrying babies

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

DOSINCLAIR:
■ A Senator is proposing a Bill that will help you and your family and you are insulting his personal life which doesn't even concern you in the 1st place....
■ So paying monthly rents is of no benefit to you?

Help his family with what exactly?

2. There are landlords out there who currently offer monthly rent even today in Nigeria. If his family truly wanted monthly rent, they would simply search for and only accept that. Trying to use legislation to force landlords to offer monthly contract is against business and eventually renters pay.

Is that the problem affecting the citizens now? Is monthly payment going to reduce the cost of rent? Is monthly payment going to reduce dollar rate and prices of building materials?
Very foolish people elected by foolish people too because of 5000 naira. All Nigeria senators and house of rep members are foolish

It's a very great idea. The pressure of gathering money for rent yearly can be frustrating. It's better for salary earners. Just pay up as soon as you receive salary and rest. Business people should enjoy this too.

Is it going to reduce the rent? How do we even think self? You are one of the reasons our politicians thinks us as a fool.
He wants to imitate western world, he wants to copy what we are not.
So if you can't pay a month rent, then you landlord should kick you out?

RevolverOcelot:
Make we no follow developed nations enter road o. That monthly payment will have it's disadvantages when the landlord decides to evict you one month after you have packed in because he doesn't like your doings

monthly rent had been the status quo until about 15/20 years ago

it's the best bill in a long while.i know Shylock landlords and greedy jobless agents will rush here to castigate it .it's the most civilised and fairest rent arrangement.firstly,it encourage seriousness as it will keep the Tennant's up and running in their hussles.,secondly,it allows easy severance of tenancy in case of issues,thirdly the landlord can quickly cut off long rent payment default.and fourthly,tenant will not be working for landlords like one year/two years rend advance.

Ogbonimoni:
it's the best bill in a long while.i know Shylock landlords and greedy jobless agents will rush here to castigate it .it's the most civilised and fairest rent arrangement.firstly,it encourage seriousness as it will keep the Tennant's up and running in their hussles.,secondly,it allows easy severance of tenancy in case of issues,thirdly the landlord can quickly cut off long rent payment default.and fourthly,tenant will not be working for landlords like one year/two years rend advance.

It's the best, but landlords use the yearly payment as a means of passing the burden of saving to the tenant. Instead of collecting monthly and save for their projects, school fees, etc, they pass on the challenge to their tenants to fight through yearly. Even they know it's not easy to cough out such stupendous amounts at once

This one is not wise at all , only wise at marrying plenty Youngies from porverty Stricken background, this monthly move is crap ,this can only be good in Civilised western countries were you are paid by the hour and day or the u.k were workers are paid twice a month ,not Nigeria were business owners and even government default on monthly salary payment , Nigeria is not a society good for monthly rent payment, more over paying yearly makes a tenant plan ahead better and the landlord too gets his or her payment in huge bulks which is better

BS

... So tenants can pay at any time of the month they like or owe many months and finally move out one night with unpaid rents.


.

Good one from the man that love girl child..
Wike and his brothers will not like this..

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 shoeing your foolishness online calling an idea meant to ease people's life foolish. Is it mortgage of 3% year is foolish or paying rent for one month as it's obtainable in Western world instead of 1 year. Collect sense

A year dey normal.
Monthly dey chaotic.

Kobojunkie:
Abegi There are places that do not charge 1-2 years out there. Look for them.

2. You as a landlord why are not now currently charging month-to-month rent from your tenants? Lying all over the place does not a point make.

I seriously wish I’d charged monthly. Half my tenants on one stretch are students and they’re owing big time. I’m not one to be ruthless else…

Half the others are still for over a year (even a relative), it’s crazy. I hope to implement this very monthly payment plan when next I visit, that’s if by then it’s not already a law. I also want to get an outfit to run the business since tenants have decided to be funny

That’s why I welcome the idea of monthly payments.

It’s not the norm that’s why I haven’t explored it

I kind of hate this man.

It doesn't make sense yearly rent is better as tenant

You can still Open a rent account in banks to meet up

Yearly rent gives you a lot of time to save up money

Oghene86:


Don't mind the idiot, it's ok we are going to charge what's been charged abroad since you want us to collect rent monthly. A single room in the UK with shared toilets and kitchen is £500 pounds per month, that's N875,000 per month, so landlords will now charge for a month.

3 bedroom flat in the US goes for $2500 per month, that will be N3,600,000 per month

We don't earn UK or US money. Rent is monthly in Kenya and still relatively cheap.

DivinegiftofGod:
See all the angry landlords above me complaining. Anyways whether you people like it or not, it's a welcome development and it's here to stay.

Since you people refused to do it yourselves quarterly when you had the chance, let the govt do it for you monthly to save the masses from your extortions. It's too much. haba! And on top of that you people are increasing rent like no man business. I pray they look into that as well.

I'll rent you a house and after a month, I'll see someone who is willing to pay higher. Will rent it to the person and kick you out.

Small pikin husband who send u message?
How dat one be the major problem when the dollar rate is on the roof? Una no go pass bill restricting politicians from traveling abroad for medical treatment or their children living abroad.

I am a tenant, but honestly speaking, that bill will put pressure on the average Nigerian tenant.

samsard:
We don't earn UK or US money. Rent is monthly in Kenya and still relatively cheap.

Na una de owe landlords rent for years without payi

caracas:

Rubbish talk….

Na una de owe landlords rent for years without payi

Coldspice:


I'll rent you a house and after a month, I'll see someone who is willing to pay higher. Will rent it to the person and kick you out.

See tenant too talking. Kick yourself out not me

DivinegiftofGod:

See tenant too talking. Kick yourself out not me

Look at this one opening thread to cry because 2 women are fighting. You think you can make it in life?
Spit on your empty head.