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Trouble days ahead for Shylock Landlords as Senate moves to regulate rents

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Senate Delegation to visit Ekweremadu in UK

 

John Akubo

Hard times await Shylock Landlords in Abuja as Senate tidy up legislation to regulate rents from one or two years first payment by tenants, to three months and subsequent monthly payments .

The planned  legislation is contained in a bill sponsored by Senator Smart Adeyemi ( APC Kogi West) titled Advanced Rent (Residential Apartments, Office Spaces) Regulation Bill, 2022

The bill passed first reading in the Senate during plenary on Tuesday.

Explaining the intendment of the bill to journalists after plenary , Senator Adeyemi said it is targeted at cushioning effect of outrageous rents on properties on poor residents in the Federal Capital Territory .

According to him, the bill when passed into law, will regulate rent collections from tenants to three months at first instance and subsequent monthly payments as against one, two or three years first payment being collected by property owners now with subsequent yearly rent payment renewal.

“Many residents of FCT are finding it very difficult to cope with huge rent payment , the reason why many of the Houses built for such purposes are empty.

“The law is targeted at welfare and wellbeing of the downtrodden , majority of whom elected those holding  public positions into offices.

“Some landlords always insist their tenants pay for one year or two years rent. That is wrong. By this bill, Nigerians especially Abuja residents will now be paying rent on monthly  basis after the expiration of the initial three months.

“The law we are proposing stipulates a maximum advanced rent payment of three months. After the expiration of the three months rent, the tenants are expected to pay monthly.

“There are many tenants whose salaries are competing with their rents because they live in cities like Abuja”, he explained.

When reminded of the scenario that played out in Lagos when Governor Marwa implemented similar law but with stiff resistance from landlords ,  Senator Adeyemi said the law being proposed will take of such resistance by providing window of petitioning for any tenants forced to pay rents above three months .

“Most Nigerians need the protection of the law to be able to meet their basic needs after paying rents.

“Many landlords did not secure loans to build their houses, they are products of free money they acquire from the system, yet they make lives difficult for poor Nigerians who do not have such privilege of making ill-gotten money from the system and put up structures”, he added.

Adeyemi, said it was important to begin to ensure that Legislations should not just be to impose penalty to the people.

He said there was an urgent need to enact  laws that  could directly affect the lives  of the  individuals in such a manner that Nigerians would be able to have three square meals  and have a roof over their head

Adeyemi said:

Some of the problems confronting our nation today is the high level of corruption and if you take a look at Abuja in particular, you see so many uncompleted houses, some of them you don’t even know the owners.

“Those, who own theses properties, they did not secure loans for them,there  are free money that people have gotten, illegal monies, and put up structures.

“And this structure are  put out in such a  manner that an average Nigerians can not afford it.

“Why do you think that some junior  people go into corrupt  practices, a good number of them is the  struggle and effort to  get their rent paid.

“Ask those who are paying rent in Abuja, the landlord will ask them  to pay two years rent.

“So I came to the conclusion that we must put the law in place that when you are going to take an apartment ,the maximum of what a landlord should ask you to pay must be three months, after three months, you can then begin to pay monthly.

“You do not allow the society to live in a manner  that people can be reckless in the so called what they have, whatever,they have in the way of assets, you must have the consideration  that  you have a duty to protect others, not to use your wealth to oppress people and make some people to commit  suicide.

“There are families that have broken up because the man of the house could not pay the rent, and some have been pushed out because the landlord  asked them  to pay for two years.

“If people will have to manage with their spouse to pay, we should be able to put the law in place in such that  no body will be oppressed,”Adeyemi explained.

According to him the bill was designed  to compel the land lords in the FCT not to charge more than three months rent  for those who are seeking new apartment  and monthly subsequent payment.

He said the bill also seeks to ensure that tenants are not ejected untill after six months  if they were not able to pay.

He said it was important to put laws in place to protect the majority of Nigerians, who are poor, saying that  there are many bills coming up that would protect the people.

“I own my God and the people to purse laws to protect the people”, Adeyemi said.

He said he was also going to engage the Civil Society Groups (CSOs)and the Nigerian Labour Congress (NLC) to canvases more  support for the bill

NEWS

Nigeria@66: ‘You Wrecked Livelihoods’ — Sowore Fires Back at Tinubu

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Omoyele Sowore, the African Action Congress (AAC) presidential candidate for the 2027 election, has criticised President Bola Ahmed Tinubu over the impact of the Federal Government’s economic reforms, particularly the removal of petrol subsidy.

Sowore reacted to Tinubu’s Independence Day address to Nigerians on Thursday, in which the President defended his administration’s economic reforms while acknowledging the hardship associated with them.

In a post on X, Sowore accused Tinubu’s “subsidy is gone” policy of worsening the economic situation for millions of Nigerians.

ALSO READ: DSS Makes U-Turn On Sowore Trial, Orders Resumption Of Prosecution

“Of course, your ‘subsidy is gone’ policy brought millions of Nigerians to their knees,” Sowore wrote.

He alleged that the policy had “wrecked livelihoods” and driven up the cost of transportation, food and other basic necessities.

“You wrecked livelihoods, drove up the cost of transportation, food, and basic necessities, and deepened an already devastating cost-of-living crisis,” he said.

Sowore further argued that economic reforms should not be described as progress if they leave Nigerians facing hunger and poverty.

“You cannot reform people into hunger, poverty, and desperation and call it progress,” he added.
His post ended with the hashtag #TinubuMustGo.

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Nigeria @66: Mutfwang Pardons 130 Inmates, Commutes Four Death Sentences

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Plateau State Governor Caleb Manasseh Mutfwang has granted absolute pardon to 130 inmates and commuted the death sentences of four others to life imprisonment as part of activities marking Nigeria’s 66th Independence Anniversary.

Mutfwang announced the decision on Thursday while felicitating with Plateau citizens and Nigerians at home and in the Diaspora on the October 1 anniversary.

ALSO SEE: ‘Another Speech to Tell Us, It Is Well’ — Oseni Rufai Reacts to Tinubu’s Address

The governor, in a goodwill message signed by his Director of Press and Public Affairs, Dr Gyang Bere, described the anniversary as an opportunity for Nigerians to reflect on the country’s journey since independence, honour the sacrifices of past leaders, acknowledge its challenges, celebrate its achievements and renew faith in a stronger, united and prosperous Nigeria.

He urged Nigerians to preserve the country’s unity, sovereignty and territorial integrity, stressing the responsibility of nation-building across generations.

Mutfwang also said Nigeria’s strength depends on citizens rising above their differences and working towards a country where everyone has a sense of belonging and an opportunity to fulfil their aspirations.

He acknowledged President Bola Tinubu’s efforts towards sustaining national unity and stability and advancing the Nigerian project, particularly in the areas of national cohesion, peace and economic development.

The governor reaffirmed his administration’s commitment to building a Plateau State where citizens can pursue their aspirations in an atmosphere of peace, security, justice and inclusive development.

He also commended the people of Plateau for their resilience, patience, patriotism and contributions to the development of the state and the nation.

According to the statement, Mutfwang exercised the powers conferred on him by the Constitution, as amended, after consulting the State Advisory Council on the Prerogative of Mercy.

The four inmates whose death sentences were commuted to life imprisonment are Zuhumnan Musa, Jeremiah Aese, Pam Lang and Thoma Danboyi.

Others granted absolute pardon include Kamshine Gomerep, Maju Sajen, Jan Thomas, Gody Victor, Imran Maikasuwa, Biplang Emmanuel, Peace Sunday, Salisu Usman, Geoffrey John and Shwarpo Luka, among others.

Mutfwang wished Nigerians at home and in the Diaspora a peaceful and meaningful 66th Independence Anniversary and urged citizens to continue contributing to the development of the country.

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Nigeria @66: ‘We Cannot Be Building and Allow Corrupt Practices’ — Olukoyede

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has called on Nigerians to embrace accountability and maintain zero tolerance for corruption as the country marks its 66th Independence Anniversary.

Olukoyede made the call in Abuja on Thursday, October 1, 2026, in his Independence Day message to Nigerians.

He applauded ongoing efforts to strengthen and reform the country, describing them as “building blocks of the greater nation we desire.”

ALSO READ: EFCC Arrests Enugu Estate MD Over Alleged N128m Land Scam

The EFCC Chairman urged Nigerians to complement the government’s reform-focused initiatives by rejecting corruption in all its forms.

“At 66, Nigeria has come a long way. Independence has offered us liberty and self-determination. We are also making considerable progress in nation building. All these efforts are significant. They are the building blocks of the greater nation we desire. Let’s therefore couple all our reform-focused initiatives with zero tolerance for corruption,” he said.

Olukoyede stressed that corrupt practices could undermine the country’s development efforts and called for purposeful rejection of compromises.

“We cannot be building and allow corrupt practices to vitiate our efforts. Progress only comes with purposeful rejection of compromises. Nigeria will surely get better!” he said.

He expressed optimism that Nigeria would continue to improve, while emphasizing the need for citizens to reject corrupt practices in all their forms.

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