The House of Representatives has committed to collaborating with stakeholders in the real estate industry to ensure the enforcement of monthly rent payments.
The motion was to address the problem of unjustified rent hikes in the Federal Capital Territory (FCT) and propose effective regulations to govern landlords’ actions.
This was prompted by a motion of urgent public concern put forth by Emmanuel Ukpong-Udo on Wednesday.
During the motion, he lamented over the exorbitant rent prices in the FCT, emphasizing the financial strain it places on many civil servants who struggle to afford accommodation in the capital.
“Monthly rent provides tenants with flexibility, better cash flow management, reasonable move-out options, and ensures a stable income stream,” the lawmaker said.
He argued that there is a “need for government to come to the rescue of the resident and formulate policies that will regulate house rents and the activities of landlords in Abuja.”
Furthermore, the House passed a resolution to require the Federal Ministries of Housing, Habitat, and Works to construct affordable, low-cost houses and estates for civil servants’ accommodation.
Moreover, the lawmakers tasked the Committee on FCT with ensuring adherence to this directive.
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