Fashola urges state govts to enact monthly rent payments to reduce shelter gap

The minister of Works and Housing, Babatunde Raji Fashola, has pleaded with state governments to enact a law that will mandate landlords and homeowners to charge one month rent instead of demanding two or three years payment.

The former Lagos state governor stated this at the 10th Meeting of the National Council on Lands, Housing and Urban Development held in Ikeja, Lagos.

Speaking, Fashola said; “Housing Development as a Catalyst for Job Creation, Social Inclusion and Economic Development.

“We may not be able to make all people homeowners, but we can reduce the number of those who lack shelter or live on the edge every so often when rent is falling due.

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“I am sure that our country will be a much better place when three years rent in advance, two years rent in advance or one year rent in advance for middle class and working family residential homes becomes monthly rent, payable at the end of the month.

“Why we may not get there immediately, this is an area of immense exclusion that we can remedy by legislative action at state level.

“This is a matter in which the Federal Government has no legislative competence. It is a matter for the states, and I urge you not to turn your backs,” Fashola said.

He added; “All state legislators must see this as an important area of representation of their people to make life easier.

“So must governors and commissioners through executive bills”.

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