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Nairaland Forum / Nairaland / General / Politics / Senator Nwoko Initiates Bill On Monthly Payment Of Rent (28789 Views)
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Senator Nwoko Initiates Bill On Monthly Payment Of Rent by SeunBilton(m): 7:05pm On Jan 27 |
The senator representing Delta North, Ned Nwoko, has initiated a Bill, titled: One-Month Rent Limitation and Landlord Registry Act, to make it easy for tenants to pay their rents monthly instead of the current one-year, two or three-year practice, if passed into law. https://www.google.com/amp/s/thenationonlineng.net/nwoko-to-present-monthly-rent-payment-bill-at-senate/amp/ 38 Likes 1 Share
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Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Trimjos: 7:08pm On Jan 27 |
Foolish senator. Only good at marrying babies All these looters we have as politicians are always out of ideas - always vomiting nonsense 132 Likes 24 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by millet: 7:10pm On Jan 27 |
Good development But I bet you the Landlords in the upper Chamber won't won't let it see the light of the day 58 Likes 6 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Paraman: 7:10pm On Jan 27 |
House rent will become more expensive 211 Likes 15 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by being(m): 7:11pm On Jan 27 |
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 116 Likes 11 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by anonymous1759(m): 7:13pm On Jan 27 |
Let it be optional not mandatory, ritual killings will triple the pressure will be too much , this policy will favor hookers more 🤡 this I’ve seen 11 Likes 1 Share |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Machinegun91(m): 7:21pm On Jan 27 |
I love this move as a tenant. I hate it as a landlord. 42 Likes 2 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by RevolverOcelot(m): 7:24pm On Jan 27 |
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 ![]() 85 Likes 3 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Validated: 7:25pm On Jan 27 |
Machinegun91:Be prepared to start paying rent like people in UK. An equivalent year rent currently would triple as landlords will factor in time value of money. Again rent termination notice period would become 2 weeks instead of 6 months. Thereafter, landlord will rent to new tenants at higher amount. No free lunch in Freetown. Moreover, when is the senate enacting a bill to reduce their constituency allowances? 109 Likes 9 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Nakedtruths: 7:31pm On Jan 27 |
This senator very stupid 36 Likes 3 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by RepoMan007: 7:33pm On Jan 27 |
Jobless bunch. They could have gone for quarterly or bi-annual arrangement. Over-sabi is worry dem. 11 Likes 2 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by DivinegiftofGod: 7:34pm On Jan 27 |
Trimjos: One landlord spotted. 17 Likes 1 Share |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Oghene86: 7:36pm On Jan 27 |
Paraman: 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 10 Likes 1 Share |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by DivinegiftofGod: 7:39pm On Jan 27 |
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. 12 Likes 4 Shares |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by DivinegiftofGod: 7:41pm On Jan 27 |
author=Validated post=128154842] Be prepared to start paying rent like people in UK. You lie!!!! No such thing will happen! In fact that is the next thing the govt will tackle. Issue of high cost of rent not commensurate to value of house. Again rent termination notice period would become 2 weeks instead of 6 months. Thereafter, landlord will rent to new tenants at higher amount.Story. Like they used to give enough time for quit notice before. Good enough the govt has remembered them now and everything will be duly regulated. No more infringement of tenants rights and any new tenants coming in must not pay exorbitant and unnecessary fees. No free lunch in Freetown.Story! nlfpmod abeg come and spread this good news to every struggling tenants out there. The hour has come. The wind of change don blow finally. 5 Likes |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by RenaissanceGuy: 7:53pm On Jan 27 |
Oghene86:So, is minimum wage in the UK or US also N30,000?? 19 Likes 1 Share |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Babalegba(m): 7:56pm On Jan 27 |
Most nigerians have no sense. One landlord in my area tried to collect rent monthly but nobody agreed because if they do then the landlord can give them one months quit notice. Most lawmakers are just stupid. 18 Likes |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by DivinegiftofGod: 8:00pm On Jan 27 |
RenaissanceGuy: Leave him na. He'll tell us if we are earning the same minimum wage as our foreign counterparts. 6 Likes 1 Share |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by DesChyko: 8:04pm On Jan 27 |
I do not agree to this. Landlords find it easier to plan income use when the rent comes in bulk like that. Tenants also have time to hustle to meet up with yearly rent; after which they can ease up on the gas. On the other hand, every tenant will confirm the value of their hustle. If you're under pressure to meet up with your monthly rent, then, you need a better hustle. 4 Likes 1 Share |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by mrvitalis(m): 8:08pm On Jan 27 |
Machinegun91:Lmaooo landlords would love it more Rent would be so expensive in 10 years time 4 Likes |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Oghene86: 8:09pm On Jan 27 |
RenaissanceGuy: Na you build house for landlord 😜 since Ned is concerned he should build houses and collect rent monthly. 1 Like |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Elemosho478: 8:34pm On Jan 27 |
it is just going to increase the cost of rent 4 Likes |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by NoToPile: 8:35pm On Jan 27 |
Then they get 7days notice to leave the apartment. 1 Like |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by money121(m): 8:39pm On Jan 27 |
Ok |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by bassdow: 8:39pm On Jan 27 |
h |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by bassdow: 8:40pm On Jan 27 |
bassdow: |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by marlow1962(m): 8:40pm On Jan 27 |
Nwoko is being stupid here with the bill. Some families never see food chop or buy basic necessities of life, na to cun they pay monthly rent, seriously the ned is being stupid. 6 Likes 1 Share |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by bassdow: 8:40pm On Jan 27 |
wealthy multi-Home owners, deciding for the less priviledged. So after person do wahala finish (including omo Onile) manage build house, another super wealthy set of people go come dictate for am. If na me, na to do wetin dem dey do for Hosting. Pay Monthly and pay More , Pay yearly and pay Less |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Jokerman(m): 8:40pm On Jan 27 |
One monthly cannot work... Most landlords wanr their money in bulk. After building with up to 20M, you expect a developer to collect 50K per month, when it's not s shortlet apartment? 1 Like |
Re: Senator Nwoko Initiates Bill On Monthly Payment Of Rent by Franklyspeakin: 8:41pm On Jan 27 |
Ahh this one wan spoil my business oo. Tenant wey no fit pay yearly hmm go fit pay monthly. Plus the money will be to small and useless to do anything with. I will simply increase rent so monthly pay will make sense o. I wont use 30mill to build 4 flats and not reap the benefits 1 Like 1 Share |
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