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Discordant tunes as stakeholders Disagree on proposed Rent Regulation in FCT

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There was disagreement among stakeholders at a public hearing on the proposed law to regulate House rent payment advancement within the Federal Capital Territory 
The Senate had on the strength of a bill sponsored by Senator Smart Adeyemi ( APC Kogi West) directed its committee on Lands, Housing and Urban Development, to organise public hearing on the planned legislation.
The legislation is seeking for maximum of three months advanced rent payment and monthly payment for old tenants as against one or two years being collected by many of the landlords .
At the public hearing while the Nigeria Labour Congress, Nigeria Civil Service Union, Landlords and Tenants Association etc, supported the proposed law, Estate Surveyors and Valuers Registration Board of Nigeria and Nigerian Institute of Building, kicked against.
The representative of the Nigeria Labour Congress ( NLC ) Mr Benson Upah, in his contribution, said “Nigeria stands alone in payment of yearly rent.
According to him, “Rent payment in United Kingdom and United States of America, are done on monthly basis ” .
He commended the Senate for coming up with the proposal which he said is masses oriented
Also supporting the bill, Prince Rilwan Saheed Akinolu who made presentation on behalf of Landlords and Tenants Association in Nigeria , said if enacted into law, it will be a win-win situation for both parties .
But kicking against the bill, the Registrar of Estate Surveyors and Valuers Registration Board of Nigeria,  Ifeanyi Uzonwanne, said the proposed legislation is wrongly headed, as the Stakeholders in property rental industry are not just Landlords and Tenants.
“Other than the Landlord and Tenants, other stakeholders in the industry include the Investors, Financiers, Banks, Mortgage Houses, Insurers, Artisans, Professionals etc, whose interests are not being put into consideration.
“The key to solving the problems the bill seeks to cure is the application of very sound economic policies .
“To progress with the passage of the bill without recourse to issues herein  raised, will unleash great harm on the economy”, he said .
Further picking holes in the bill, Professor Martin Dada who represented the Nigerian Institute of Building, said since inputs into construction are not regulated, it is naive and wrong, attempting regulating the outputs.
In his closing remarks, the Chairman of the Committee, Senator Sam Egwu (PDP Ebonyi North), said all submissions made, will guide the committee in arriving at the report to be presented to the Senate .

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Legislature

Senator Jibrin Echocho celebrates with Nigerians at 63

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Senator Isah Jibrin ( APC Kogi East), has rejoiced with Nigerians on the occasion of 63rd Independence anniversary of the country.

In a statement he personally signed in Abuja on Saturday, the senator urged Nigerians to remain steadfast in their believe in building a strong, united and prosperous country.
“Let us be driven forward by our zeal to strengthen our diversity, culture and beliefs as we remain one nation bound in freedom.
“To my dear constituents, I want to assure you that I will continue to be your voice in the Senate, fighting for your rights and interests with integrity and dedication.
“May this Independence day anniversary bring further positive turnaround, unimaginable fortune, unity of purpose, and breakthrough for Nigeria and Nigerians.
“Once again, I felicitate with all the good people of Kogi East, Kogi State, Nigerians at home and in the diaspora, and wish you all the merits of democracy”.

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Legislature

Kalu says, China’s economic collaboration with Nigeria is yielding positive outcomes

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***boosting industrialization, creating jobs

Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu has indicated that China’s diplomatic and trade relationships with Nigeria, as well as the cultural exchanges between them have fostered a deep understanding and appreciation of each other’s heritage.

He said that the ties between both countries has fast tracked the industrial development of Nigeria with projects such as the Abuja-Kaduna Railway and the Zungeru Hydroelectric Power Project standing as a testament to the enduring collaboration.

Kalu spoke while delivering his goodwill message at the China’s 74th National Day celebrations in Abuja on Thursday.

A statement by his Chief Press Secretary ( CPS), Mr. Levinus Nwabughiogu quoted the Deputy Speaker to have further remarked that Chinese products have become a staple in Nigerian households also stressed that Nigeria’s agricultural exports to China has continued to grow.

Kalu added that the symbiotic relationship has created jobs, boosted local industries, and increased the welfare of the people, adding that currently, Nigeria is China’s second largest trading partner in Africa.

He said: “The decades-long relationship between our two great nations, Nigeria and China has been mutually beneficial, particularly in recent times.

“The rich tapestry of our partnership has woven threads of cooperation in various sectors, from infrastructure development to trade, technology exchange, and cultural engagement. China’s significant investments in Nigeria have contributed immensely to the growth and development of our nation, fostering economic prosperity and stability.

“China has been a steadfast partner in Nigeria’s infrastructural development,
with projects such as the Abuja-Kaduna Railway and the Zungeru Hydroelectric Power Project standing as a testament to our enduring collaboration. These initiatives have not only improved connectivity within Nigeria but have also laid the foundation for sustainable economic growth.

“In the realm of commerce, our bilateral trade has flourished, opening up
new opportunities for both nations.”

The Deputy Speaker also urged the government of the People’s Republic of China to join Nigeria in her efforts to identify and resolve the tendencies that encourage xenophobic attacks at the world stage.

“I look forward to both countries taking increasing steps to engender people to people diplomacy in order to troubleshoot matters that encourage xenophobic tendencies”.

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Legislature

Join Nigeria in fight against xenophobia at world stage, deputy Speaker, Kalu tells China

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***Commends diplomatic, trade relationship between both countries

The government of the People’s Republic of China should join Nigeria in her efforts to identify and resolve tendencies that encourage xenophobic attacks at the world stage, the deputy Speaker of the House of Representatives Benjamin Okezie Kalu has charged.

Kalu also applauded the diplomatic and trade relationships between both countries, acknowledging that the cultural exchanges have fostered a deep understanding and appreciation of each other’s heritage.

A statement by his Chief Press Secretary ( CPS), Mr. Levinus Nwabughiogu qoted Kalu to have made the submissions while delivering his goodwill message at the China’s 74th National Day celebrations in Abuja on Thursday.

He said that the ties between the two nations has fast tracked the industrial development of Nigeria with projects such as the Abuja-Kaduna Railway and the Zungeru Hydroelectric Power Project standing as a testament to the enduring collaboration.

Kalu who indicated that Chinese products have become a staple in Nigerian households also stressed that Nigeria’s agricultural exports to China has continued to grow.

According to him, the symbiotic relationship has created jobs, boosted local industries, and increased the welfare of the people, adding that currently, Nigeria is China’s second largest trading partner in Africa.

He said: “The decades-long relationship between our two great nations, Nigeria and China has been mutually beneficial, particularly in recent times.

“The rich tapestry of our partnership has woven threads of cooperation in various sectors, from infrastructure development to trade, technology exchange, and cultural engagement. China’s significant investments in Nigeria have contributed immensely to the growth and development of our nation, fostering economic prosperity and stability.

“China has been a steadfast partner in Nigeria’s infrastructural development,
with projects such as the Abuja-Kaduna Railway and the Zungeru Hydroelectric Power Project standing as a testament to our enduring collaboration. These initiatives have not only improved connectivity within Nigeria but have also laid the foundation for sustainable economic growth.

“In the realm of commerce, our bilateral trade has flourished, opening up
new opportunities for both nations.

“I look forward to both countries taking increasing steps to engender
people to people diplomacy in order to troubleshoot matters that encourage
xenophobic tendencies”.

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