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 Adedapo Adesanya
To boost fertiliser production, strengthen food security and advance Nigeria’s domestic gas utilisation agenda, Renaissance Africa Energy Company Limited has signed a 16-year Gas Sale Agreement (GSA) with Indorama Fertiliser FZE for the supply of up to 60 million standard cubic feet of natural gas per day from the Assa North Ohaji South (ANOH) Gas Processing Facility.
The agreement was signed by the chief executive of Renaissance, Mr Tony Attah, and Indorama’s counterpart, Mr Manish Mundra, with both executives describing the deal as a significant milestone in advancing Nigeria’s domestic gas utilisation agenda, industrial development, and agricultural growth aspirations.
“This agreement reflects our commitment to unlocking the value of Nigeria’s abundant gas resources through partnerships that create real and lasting impact,” Mr Attah said, adding: “By supplying natural gas to a major fertiliser producer such as Indorama, we are supporting a value chain that is critical to food security, agricultural productivity, industrial growth, and economic development.”
The agreement will provide Indorama Fertiliser with a secure and reliable source of natural gas to support uninterrupted production and enable the company to meet growing domestic and regional demand for fertiliser products.
The resulting increase in fertiliser availability is expected to contribute to improved crop yields, enhanced agricultural productivity, and strengthened food security across Nigeria and Africa.
Commenting on the agreement, Mr Mundra said the deal was an important milestone for the company in its ambition of supporting Nigeria’s agricultural transformation agenda.
“Reliable access to natural gas is fundamental to fertiliser production, and this long-term arrangement provides a strong foundation for sustainable operations and future growth,” Mr Mundra said. “We appreciate the partnership with Renaissance and look forward to leveraging this collaboration.”
The transaction aligns closely with Nigeria’s Decade of Gas initiative and further demonstrates the strategic role of natural gas in driving industrialisation, supporting manufacturing, enhancing energy security, and enabling economic diversification.
By Modupe Gbadeyanka
About 48 properties linked to the immediate past Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), have been forfeited to the federal government of Nigeria.
This was after the Economic and Financial Crimes Commission (EFCC), on Wednesday, July 15, 2026, secured the final forfeiture of the properties, which include Rayhaan University in Kebbi State, including the Rayhaan University Permanent Site, Rayhaan University Temporary Site, Rayhaan University Third Site, the Rayhaan University Vice Chancellor’s House and Rayhaan Radio along Sani Abacha Bypass Road, Birnin Kebbi.
Delivering the judgment yesterday, Justice Joyce Abdulmalik of the Federal High Court, Abuja, held that the EFCC had successfully established that the properties were reasonably suspected to be proceeds of unlawful activities and were not acquired from lawful sources of income.
The court further held that the respondents merely claimed ownership of the properties without providing proof of how they acquired them with funds from lawful sources.
According to the court, non-conviction-based forfeiture proceedings require respondents to adduce evidence showing the lawful sources of the funds used in acquiring the properties, and not merely make bare assertions of ownership.
On January 6, 2026, Justice Emeka Nwite granted the interim forfeiture order following an ex parte motion moved by counsel to the EFCC, Ekele Iheanacho (SAN), and on May 27, 2026, the case was heard before Justice Abdulmalik, who adjourned the matter for judgment yesterday.
The other properties finally forfeited to the federal government are: a luxury duplex at Amazon Street, Plot No. 3011 within Cadastral Zone A06, Maitama District, Abuja (File No. AN 11352); a two-winged large three-storey building situated at No. 3 Onitsha Crescent, Area 11, Garki, Cadastral Zone A03, Abuja (formerly Harmonia Hotels Limited); Plot 683, Jabi District, Cadastral Zone B04, comprising a five-storey building (now luxurious Meethaq Hotels Ltd., Jabi, with 53 rooms/suites); Property No. 3130 within Cadastral Zone A04, Asokoro District, FCT, Abuja, comprising terraces; Property No. 3 Rhine Street, Maitama, Abuja (Meethaq Hotels Ltd., Maitama, with 15 rooms); and Plot No. 1241B, Asokoro District (No. 11A Yakubu Gowon Crescent), Asokoro District.
Others are: Shop No. C52, Citiscape – Shariff Plaza, Plot 739, Cadastral Zone A07, Aminu Kano Crescent, Wuse II, FCT, Abuja; No. 4 Ahmadu Bello Way, Nasarawa GRA, Kano; Plot 157, Lamido Nasarawa GRA, Kano; a commercial plaza comprising commercial toilets, laundering facilities, warehouse tanks adjacent to Birnin Kebbi Market; 100 hectares of land along Birnin Kebbi–Jega Road; and another 100 hectares of land along Birnin Kebbi–Jega Road.
Others are: a four-bedroom bungalow at Gesse Phase II, Birnin Kebbi; Shops Nos. A36 and B3, Vegas Mall, Wuse II, Abuja; No. 26 Babbi Drive, BUA Estate, Abuja; No. 27 EFAB Estate, 5th Avenue, 59th Crescent, Gwarimpa, Abuja; a four-bedroom house with two-room boys’ quarters at No. 10B Doka Crescent, Abakpa GRA, Kaduna; Plot No. 13, IPENT 7 Estate, Karsana District, Abuja; a bedroom duplex with boys’ quarters at No. 12 Yalinga Street, off Adetokunbo Ademola Crescent, Wuse II, Abuja; two warehouse shops B40 and B46, Wuse Market, Abuja; acquisition of twin houses at Zone E, Apo Legislative Quarters, Cadastral Zone B01, Plot 1401, Gudu District, Abuja; and properties acquired by Khadimiyya for Justice & Development Initiative at the Academic Garden City, Birnin Kebbi, sold by the Federal Housing Authority Mortgage, namely: nine units of three-bedroom bungalows, three units of two-bedroom bungalows, and 5.4 hectares of land.
Also forfeited are the Rayhaan Agro Allied Factory in Kebbi State, including the factory buildings, factory machines and plant units, factory mosque, Rayhaan Mill staff quarters, and the Rayhaan Bustan Building, Azbir Arena, Kebbi State, including Azbir Hotel, Printing Press, Gallery, Gardens, Mosque, Azbir Clothing, and Azbir Pharmacy and Supermarket.
Other forfeited properties include the Al-Afiya Energy tanker garage opposite Rayhaan University Health Centre along Sani Abacha Bypass Road, Birnin Kebbi; Rayhaan Security House off Sani Abacha Bypass, Birnin Kebbi; an uncompleted two-storey plaza located opposite Central Motor Park (Eastern Park), Birnin Kebbi; Amasdul Oil and Gas Ltd. filling station structure along Sani Abacha Bypass Road, Birnin Kebbi, near Jambali Automobile Workshop; the assets of Zeennoor Hotel at Kabuga Satellite Town, off Gwarzo Road, Kano, with 131 rooms; Zeennoor Mosque at Kabuga Satellite Town, off Gwarzo Road, Kano; and the old Zeennoor Hotel building.
By Adedapo Adesanya
French President Emmanuel Macron will undertake a state visit to Nigeria later this year in a move aimed at deepening diplomatic, economic and security cooperation between the two countries as it seeks to reset its Africa strategy more towards Anglophone Africa.
French Ambassador to Nigeria and ECOWAS, Mr Marc Fonbaustier, announced the proposed visit during the celebration of France’s National Day in Abuja on Tuesday.
He described the visit as a major milestone in the growing relationship between Nigeria and France, adding that the trip is expected to take place anytime from late September to November. It would come two years after President Bola Tinubu’s state visit to Paris.
Mr Fonbaustier said the meeting between the two leaders would provide an opportunity to assess the progress made under the existing bilateral roadmap and define new areas of collaboration that would deliver mutual benefits for citizens of both nations.
“I am pleased and honoured to announce that, two years after President Bola Tinubu’s state visit to Paris, the President of the French Republic, Emmanuel Macron, will travel to Nigeria for another state visit this fall,” the ambassador said.
“Together, our two Presidents will assess the progress of our roadmap and outline the key elements of our relationship for the years to come. These will undoubtedly be ambitious and mutually beneficial for our two peoples.”
The French envoy said the partnership between Nigeria and France was built on mutual respect and equality, stressing that both countries engaged with each other as partners rather than through interference or imposition. According to him, both governments remain committed to open dialogue, joint decision-making and pursuing shared interests.
He noted that Nigeria and France were working together to promote economic growth, create jobs and improve living standards while protecting the environment, biodiversity and natural resources.
The envoy pointed to recent commercial partnerships involving Carrefour and HyperCity, Accor and Shoreline, as well as Canal+’s acquisition of MultiChoice, saying they reflected expanding economic ties between both countries.
Mr Fonbaustier also praised the initiative spearheaded by Nigerian businessman, Mr Abdul Samad Rabiu, to establish a House of African Worlds in Paris, describing it as another symbol of strengthening cultural and economic relations between France and Africa.
On governance, the ambassador said both countries remained committed to democracy, the rule of law, freedom of expression and equal opportunities, adding that the French Embassy continued to support programmes focused on empowering women, young people and persons with disabilities.
He also highlighted ongoing cooperation in agriculture through the French Development Agency, particularly projects aimed at strengthening food security and improving agricultural value chains across northern Nigeria and the ECOWAS region.
Speaking on security, Mr Fonbaustier said Nigeria and France continued to work closely in tackling terrorism and strengthening regional stability, noting that both countries were supporting efforts to improve the capacity of nations confronting extremist threats across West Africa.
The ambassador further revealed that Macron’s interest in Africa was shaped by his six-month stay in Nigeria as a student more than two decades ago, saying the experience significantly influenced the French President’s vision for Africa and his approach to diplomacy on the continent.
