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Lagos To Introduce Monthly Rent Payment System - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsLagos To Introduce Monthly Rent Payment System (1758 Views)

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Lagos To Introduce Monthly Rent Payment System by blamingthedevil(op): 2:08pm On May 14, 2025
Lagos to introduce monthly rent payment system

https://punchng.com/lagos-to-introduce-monthly-rent-payment-system/
Re: Lagos To Introduce Monthly Rent Payment System by PresidObi: 2:18pm On May 14, 2025
They should make it daily payments, afterall the touts there collect owomida daily.

You come back and your landlord will be there to collect your rents before you can enter house to sleep, failure to pay, sleep outside.
Re: Lagos To Introduce Monthly Rent Payment System by Lanretoye(m): 3:18pm On May 14, 2025
House to collect rent your papa no get,moto or even lake to collect the owomida your papa no get,wetin come be your own headache
Re: Lagos To Introduce Monthly Rent Payment System by EmperorIsaac(m): 3:58pm On May 14, 2025
We are getting there gradually! Full blown capitalism.
Re: Lagos To Introduce Monthly Rent Payment System by EmperorIsaac(m): 3:59pm On May 14, 2025
PresidObi:
They should make it daily payments, afterall the touts there collect owomida daily.

You come back and your landlord will be there to collect your rents before you can enter house to sleep, failure to pay, sleep outside.
They should build shelters first for homeless people before implementing it.
Re: Lagos To Introduce Monthly Rent Payment System by Zulu11zulu: 4:01pm On May 14, 2025
blamingthedevil:
Lagos to introduce monthly rent payment system

https://punchng.com/lagos-to-introduce-monthly-rent-payment-system/
is like this governor don't have anything to do again.
Re: Lagos To Introduce Monthly Rent Payment System by Spursy(m): 4:01pm On May 14, 2025
Hit or Miss ?
Re: Lagos To Introduce Monthly Rent Payment System by jmoore(m): 4:08pm On May 14, 2025
Monthly is to the advantage of the landlord. No need waiting for a year to give notice of price increment. The landlord can now increase rent with 2 months notice or 1 month.
Re: Lagos To Introduce Monthly Rent Payment System by Ikaeniyan0: 4:32pm On May 14, 2025
blamingthedevil:
Lagos to introduce monthly rent payment system

https://punchng.com/lagos-to-introduce-monthly-rent-payment-system/
I think Fashola tried to do something like this, it didn't work
Re: Lagos To Introduce Monthly Rent Payment System by PARADIZEPRIEST: 4:45pm On May 14, 2025
Same govt is busy demolishing ppl properties for common setbacks reasons and want to regulate which rent.? huh Govt housing nko wasting away,let them release them to lagosians in igando,epe,etc.kn cheap rents.
Re: Lagos To Introduce Monthly Rent Payment System by casualobserver:
I have always said it, that take away Tinubu, The administration in Lagos state has some really low IQ people…..some mediocre brains!
Its been downhill since Fashola!
Re: Lagos To Introduce Monthly Rent Payment System by helinues: 5:19pm On May 14, 2025
Good. Long overdue
Re: Lagos To Introduce Monthly Rent Payment System by RGRNetwork: 5:21pm On May 14, 2025
It is good development but what will happen to people whose salary finishes before month end? How are they going to cope?
Re: Lagos To Introduce Monthly Rent Payment System by Myrepublic(m): 5:31pm On May 14, 2025
RGRNetwork:
It is good development but what will happen to people whose salary finishes before month end? How are they going to cope?
And they should wait for monthly increment from the heartless landlords
Re: Lagos To Introduce Monthly Rent Payment System by Blitzking: 6:13pm On May 14, 2025
Make una dey play...do tenant's really want monthly rent..in my view dey don't they just want affordable housing.
Pressure of monthly rent go surplus cos na them go beg to pay 1 to 2years
Disadvantages
1) una see how fuel price dey change everywhere na so rent go dey change every month
2) landlord go just dey troway ppl load
3) some properties are used for dual purpose housing and business so how e go be if one month after renting landlord no like you again you business go crash cos u fit n see office space for that area wey go fit u budget or specification
4) children schooling can be affected
5) constant pressure..cos dem must not sack you oo and noting must do your shop
6) wetin go happen if I buy 1000unit of light and 3 months later u give me quit notice shey landlord go refund.
Advantages
1) an opportunity to test various location in your lifetime this month I wan lodge for 1 month for lekki next month I wan lodge for magodo
Re: Lagos To Introduce Monthly Rent Payment System by Blue3k(m):
jmoore:
Monthly is to the advantage of the landlord. No need waiting for a year to give notice of price increment. The landlord can now increase rent with 2 months notice or 1 month.
It's not a hotel. You will still sign lease contracts for for a year. You just pay month to month. If you dont pay you bill each month you risk eviction. The landlord will just get more selective about who they rent to. Show us 3-6 months bank statements. Show us your pay stubs, or tax filing. The house always wins.
Re: Lagos To Introduce Monthly Rent Payment System by AfahaAbia(m): 6:34pm On May 14, 2025
Blue3k:
Not it's not a hotel. You will still sign lease contracts for for a year. You just pay month to month. If you dont pay you bill each month you risk eviction. The landlord will just get more selective about who they rent to. Show us 3-6 months bank statements. Show us your pay stubs, or tax filing. The house always wins.
Exactly. You really know how it works. Don't mind the ignorant mugus up there all talking like illiterates!!!
Re: Lagos To Introduce Monthly Rent Payment System by iwaeda: 8:21pm On May 14, 2025
Let us start from Parkview. grin grin
Re: Lagos To Introduce Monthly Rent Payment System by davillian(m): 8:37pm On May 14, 2025
the price of agent , agreement and caution fees
should be the target
or if possible agent , agreement and caution fees should be scrapped...
5 percent of the annual rent should be what goes to the agents..
Re: Lagos To Introduce Monthly Rent Payment System by iammarvellux(m): 9:01pm On May 14, 2025
Nice moves..



In fact it will go a long way to help many who are in serious bondage with their landlords or landlady as the case maybe.


This house owners this day have been walking around unregulated, imagine telling a tenant he has to pay bulk money(house rent ) at the end of every year end. Virtually threw out the flexible payment plan out of the window.


There's still the one that's called Agent and agreement fees and caution fees. That agent and agreement fees is now higher than the rent of the house you as a newbie is about to occupy as a tenant.

Greedy landlords will even tell you if you refuse to pay that they will increase the rent of the house or you pay 50% or 60% of agent and agreement and have your yearly rent increased throughout your stay as a tenant.


May God help the common man, its not easy this days
Re: Lagos To Introduce Monthly Rent Payment System by F117nighthawk: 11:50pm On May 14, 2025
Only a slowpoke will believe this,how many lagosians can the government even boasted they have sincerely and unpartially provided their own accommodations to?
You want want to control rents on houses individuals built with their own hard earned monies
What a big joke
Re: Lagos To Introduce Monthly Rent Payment System by Jokerman(m): 11:53pm On May 14, 2025
It can work.

Someone collecting 70K salary want to be paying 50 or 60k per month??

Let this government do reasonable thing now
Re: Lagos To Introduce Monthly Rent Payment System by gabbytabby: 1:29am On May 15, 2025
After they have finished building low cost housing for rent bunch of hypocrites.

blamingthedevil:
Lagos to introduce monthly rent payment system

https://punchng.com/lagos-to-introduce-monthly-rent-payment-system/
Re: Lagos To Introduce Monthly Rent Payment System by Validated: 2:19am On May 15, 2025
Spursy:
Hit or Miss ?
Exponentially missed . If you want daily rental, good but tenants should be removed in a day too. Also, incremental rent changes be made weekly.
No notices. Such a bunch of helpless lawmakers think they can get the masses to support a foolish government.
Re: Lagos To Introduce Monthly Rent Payment System by Validated: 2:28am On May 15, 2025
iwaeda:
Let us start from Parkview. grin grin
Abi oo and Apapa, Ikoyi and VI. Even the yearly rentals do not apply in those areas.
Re: Lagos To Introduce Monthly Rent Payment System by RGRNetwork: 8:28am On May 15, 2025
Myrepublic:
And they should wait for monthly increment from the heartless landlords
It will also be an opportunity to sue wicked landlords
1 Reply

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