Videos

March 11, 2024

People Talk: On proposed monthly house rent payment in Nigeria

People Talk: On proposed monthly house rent payment in Nigeria

By Precious Chukwudi

The longstanding norm of annual rent payments reduces risks for landlords and gives them more financial flexibility But with Nigeria’s economy in crisis and the cost of living sky rocketing, the pressures of coming up with huge bulk payments for somewhere to live are becoming unbearable for many.


Given that, some lawmakers are attempting to push Nigeria’s rental market to accept monthly payments. People talk took to the streets to get reactions on proposed monthly house rent payment in Nigeria