The dream of Nigerians of paying property rent on a monthly basis may soon be realised based on the latest resolution between the federal and state governments on the issue. At the recently concluded sixth meeting of the National Council on Lands, Housing, and Urban Development, the issue of monthly payment of rent was discussed. At the meeting of permanent secretaries during the council, senior government officials from the 36 states and Federal Capital Territory, as well as those from the Federal Ministry of Power, Works, and Housing (Works/Housing sector) agreed to enact a law that would allow monthly payment of rent across the country. In a 52-page report on the meeting of permanent secretaries at the sixth NCLHUD, which was obtained by Daily Sun from the FMPWH in Abuja, the officials also resolved that the law would be enforced, as they noted that its enforcement would enhance access to housing finance. The Minister of Power, Works, and Housing, Babatunde Fashola, recently ...
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