Breaking News: The Nigerian House of Representatives is moving to regulate outrageous house rents in Nigeria.

This comes as a welcome relief to many Nigerians who have been struggling to cope with exorbitant rent prices.

The proposed regulation aims to cap rent prices at a percentage of the tenant’s income, introduce rent control measures to prevent arbitrary increases, establish a framework for resolving disputes between tenants and landlords, and provide penalties for landlords who flout the regulations.

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Fasholu Gabriel Oluwatobi

Gabriel O. Fasholu is the founder and editor of SPYCONNET. A brilliant Educationist, Social Media Enthusiast & Freelancer who is passionate about passing undefiled information to the entire public.

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