Skip to content
Plus234Feed

Kano Assembly Proposes Review of Rent Control Law

Kano Assembly Proposes Review of Rent Control Law

The Kano State House of Assembly has called for a review of the state’s rent control law to address the significant increases in residential and commercial rents. Speaker Ismail Falgore made this call during a plenary session following a motion by Musa Kachako, the member representing Takai Constituency.

Kachako highlighted the alarming trend of landlords raising rents without adequate notice, which has placed additional financial pressure on residents and small business operators. He provided examples of annual house rents increasing from N100,000 to between N200,000 and N300,000, while shop rents surged from N1 million to N2 million within a year.

Kachako emphasized that this situation particularly affects traders, farmers, and low-income earners reliant on rented spaces. He acknowledged landlords' rights to earn reasonable returns but stressed the necessity for effective regulations to ensure fairness in rent adjustments.

The proposed review aims to strengthen the legal framework governing rent regulation in Kano State, although further legislative action is required to amend the existing law.

Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.

Read full article

Continue on Nigerian Tribune

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.