General
Bill to Stop Annual Rents in FCT Passes Second Reading at Senate
By Modupe Gbadeyanka
A bill to regulate payment mode for rents in the Federal Capital Territory (FCT) Abuja on Tuesday scaled the second reading at the Senate.
The upper chamber of the National Assembly wants to make it illegal for property owners to collect annual rents from tenants but on a monthly basis.
The sponsor of the bill tagged A Bill for the Regulation of Advanced Rent on Residential Apartments, Office Space, Mr Smart Adeyemi, argued that it would make life less stressful for residents of the city.
He explained that the bill seeks to regulate the mode of payment of rent on residential apartments, office space, rooms and accommodation in the FCT.
“If passed, this bill will improve the well-being and standard of living of residents and minimise corruption and immorality emanating from the oppressive tenancy system in the Federal Capital Territory.
“This bill will make life less stressful and less painful for the majority of the down-trodden and low-income earners in the Federal Territory,” Mr Adeyemi said.
He explained further that due to the global economic recession, life has become very challenging and almost unbearable for the low-income earners despite the huge palliative measures by the federal government through the N-POWER traders money.
He noted that in the FCT, landlords demand between one to three years of advanced rent, a situation which he pointed “automatically adds a huge burden on the masses, subsequently giving rise to desperation and corruption.”
The lawmaker lamented that the “tenancy system has continuously impoverished Nigerians who are salaried employees that can only pay rent after haven received their first remuneration.”
“This tenancy system is un-African, unIslamic and indeed unbiblical,” he added, expressing concerns that many residents of the FCT are finding it difficult to cope with huge rent payment, adding that, “many houses built within the city centre for such purposes are empty.”
He said that yearly tenancy has continued to breed corruption, moral decadence and huge inequality as low-income earners cannot afford to continually pay their rent.
According to him, some tenants now engage in corrupt practices, immorality, and even criminal acts to meet the pressing need for shelter.
He underscored the need for Legislation aimed towards justice, fairness, equity and improved standard of living.
He noted that in the FCT, a single one-room apartment ranges from N1 million to N2 million within the city, noting that in the satellite towns such as Kubwa, Nyanya, Kuje, Lugbe, rents are still not affordable for the common man as it ranges from N350,000 to N500,000.
He stated that the bill, therefore, seeks to reduce advance payment for new tenants to three months and, thereafter, proceed with the monthly payment scheme.
“It also seeks to protect low-income earners from any form of oppression by homeowners.
“The bill also seeks to provide a window for legal action for any form of oppression.
“Importantly, it will also serve as a safety net for Landlords against erring tenants,” he added.
Contributing to the debate, Mr Aliyu Sabi Abdullahi, while supporting the bill, described the piece of legislation as “people-centred.”
He said, “The truth is out there, many residents in the FCT are groaning under this very difficult system where people are expected to pay house rent in advance.
“With the policy where the government has withdrawn participation in providing official quarters with demonetization, we are all aware, young Nigerians who are gaining employment within the precinct of the FCT for example, majority of them are actually in the outskirts.
“This is because it is extremely difficult for most of these young Nigerians to get the quantum of money that represents two years rent.
“[And] so, Mr President, I think we are doing the right thing if we look at the intendment of this bill.
“If there is a good system as this, where on a monthly basis as the man receives his salary, he is making payment for what he has consumed, I think it will be a very good and welfare-oriented system, one that is friendly to those that do not have.”
The Deputy Senate President, Mr Ovie Omo-Agege, who presided over the plenary, described the bill as “popular” owing to the number of Nigerians who have shown interest in it.
However, Mr Chimaroke Nnamani, the only lawmaker in the chamber who spoke against the bill, argued the issue of rent payment should be driven by market forces.
“The issue of rental payment, either in advance or instalments is purely economical and should be driven by market forces.
“Such market forces as availability of land, cost of building materials and income.
“If the government wants to ameliorate the sufferings of the masses, the government can go into housing schemes, mortgage schemes, housing credit facilities, not control the business of private individuals in an emerging African democracy.
“I, therefore, oppose, and oppose vigorously this bill”, he said.
Senators, however, voted overwhelmingly in support of the bill when the Deputy Senate President put the question for it to be read a second time.
The bill was subsequently referred by Mr Omo-Agege to the Committee on Housing and Urban Development for further inputs.
The committee was given four weeks to report back to the Senate in plenary.
By Modupe Gbadeyanka
Celebrated broadcaster with Arise TV, Mrs Ayo Mario-Ese, has charged women to be open to collaboration and not limit themselves.
The charming media personality was one of the panellists at the UBA Business Series themed Introducing Gen W – The Evolved Woman, held at the UBA House in Lagos last Thursday.
At the event moderated by popular actor, Mr Tobi Bakre, the Morning Show anchor on Arise TV expressed worry about females who are usually laidback about speaking up and sharing their achievements, and said that women need to own their stories.
“A lot of women are doing phenomenal work and are sometimes afraid of showcasing what they are doing. As an evolved woman, you have to find out what you are comfortable doing, create your own unique offering, and also be open to collaboration,” she submitted.
Another panellist, Ms Joycee Awosika, described an evolved woman as one who has awareness of who she is.
“That woman does not need to ask to sit at the table; she is creating her own table and adding value. As your company is growing, you must grow too, and always do an audit of where you need to become a better leader,” the energy economist stated.
For a digital entrepreneur, Ms Tomike Adeoye, the question of what a woman is bringing to the table has now become obsolete, as the evolved woman is now bringing their own table.
“She is now more vocal about their struggles, setting the standards, and she is not ready to give up on her dreams,” she declared.
For the founder of Fine-Funky, Ms Olufunke Davies, she remarked that, “Creating unique designs that are affordable remains my driving force and something that has helped me grow as an evolved woman.”
In her remarks, the Group Head for Brand, Marketing and Corporate Communications at UBA, Ms Alero Ladipo, said, “Raising each woman is actually not that hard, because everyone has their community as well as their story; and so as women, we need to take a position so that we can give to others.”
She said the Gen W platform of the lender is dedicated to the evolved woman, adding, “Through expert insights, real stories, and practical resources, the platform connects women who are building brands, creating businesses, growing careers, and leading across industries. They also have access to a plethora of discounted products and loans. The best part: it is open to every woman. No UBA account needed. This is Gen W, for the evolved woman.”
This edition of the UBA Business Series was hosted to mark International Women’s Month.
By Adedapo Adesanya
The Nigerian Navy has intensified its crackdown on crude oil theft and illegal bunkering, destroying a reactivated illegal refinery site in Rivers State and intercepting suspected stolen petroleum products in Calabar.
The Director of Naval Information, Captain Abiodun Folorunsho, disclosed this in a statement on Sunday in Abuja, revealing that personnel of the Nigerian Navy Ship SOROH, operating under Operation Delta Sentinel, destroyed a reactivated illegal refinery site at Okolomade Community in Abua-Odual Local Government Area (LGA) of Rivers State.
He said the action followed credible intelligence that a previously dismantled illegal refining site had resumed operations.
According to him, an Anti–Crude Oil Theft (Anti-COT) team deployed to the location discovered that the dismantled refining oven had been reconstructed.
“Further exploitation of the area led to the discovery of additional refining equipment and storage facilities containing about 3,000 litres of product suspected to be illegally refined Automotive Gas Oil (AGO),” he said.
Mr Folorunsho added that the illegal refining infrastructure—including ovens, storage tanks, hoses, connected pipes and newly acquired metal components used for illegal refining—was destroyed in line with operational procedures.
He said personnel of the Nigerian Navy Ship Victory, in another operation, intercepted about 3,950 litres of suspected stolen petroleum products at the Nigerian Ports Authority (NPA) area in Calabar, Cross River.
He said the interception was based on credible intelligence on suspected siphoning of petroleum products from vessels berthed at the port.
The naval patrol team, according to him, swiftly deployed to the area and traced the illegally siphoned products to a trailer park within the port facility.
“On sighting the naval patrol team, the suspected perpetrators fled the scene, after which the area was cordoned off and the illegally siphoned products secured,” he said.
The official said further inspection led to the recovery of about 3,950 litres of Automotive Gas Oil stored in drums and jerrycans, which had been evacuated to the naval base for further necessary action in line with extant regulations.
He noted that the successes aligned with the directive of the Chief of the Naval Staff, Vice Adm. Idi Abbas, to intensify operations against crude oil theft and other maritime crimes across Nigeria’s maritime domain.
The captain reiterated the Navy’s commitment to sustaining the operational tempo of Operation Delta Sentinel through intensified surveillance, patrols and intelligence-driven operations aimed at combating crude oil theft, illegal bunkering and other forms of economic sabotage.
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