Rivers
Traders Urge Govt To Regulate Rents
Some traders in Port Harcourt have called on the Federal Government to enact a law to regulate house rents in the country.
The traders, who spoke with newsmen in Port Harcourt on Tuesday, decried the incessant increase of house rents by landlords in the area.
They said that landlords were insensitive and called on the government to enact a law to regulate house rents in the country.
Madam Edith Mark, a Port Harcourt-based trader, said that a room in Diobu, Port Harcourt, which was N2.00 in 1983, had gone up to N5, 000.00 this year.
“The increase in the past 29 years is amazing; people doubt it whenever I told them that my husband paid N2.00 for the same room we are now asked to pay N5, 000.
“The same man that collected N2.00 in 1983 is the same person that collects N5, 000.00 today and will continue in this attitude if not checked by the law,” she said.
Another trader, Mr Emeka Nna, said that he got a shop for N2, 000.00 in 1993, but the rent had shot up to N10, 000.00.
“It’s surprising that some products I deal on over these years have maintained very slight price differentials, while the hike on rent has remained non-negotiable,” he said.
Mr Udeme Paul, another trader, said that landlords believed that every resident in Port Harcourt was rich because of the oil companies.
“Over 80 per cent of Port Harcourt residents neither work nor do business in the oil sector. Let’s consider that civil servants and the common man are all part of this city,” he said.
Paul advised Federal Government to consider the incessant increase in house rents as a national concern and treat it as such.
Rivers
Experts Urge Fubara On Youth Marine Safety Training
Rivers
Association Boss Urges For Professionalism, Efficiency Among Memebers
Rivers
Redeem Your Financial Pledges, Oxfam Urges Nations
-
News4 days ago
Fubara Expresses Grief, Commiserates With Family Over Death Of Pa Edwin Clark
-
Business4 days ago
NCDMB, Starzs Gas Upbeat On Industrialisation …Unveil CNG Project In Delta
-
Niger Delta4 days ago
UNICAL VC Institutes Scholarship To Reward Academic Excellence
-
Sports4 days ago
Aruna Eyes Title Defence, W’Cup At African Cup
-
Politics4 days ago
Alleged Free 2027 Presidential Ticket To Obi Misleading – ZLP
-
Featured4 days ago
Tinubu, Buhari, Others Mourn As Edwin Clark Dies At 97
-
Business4 days ago
Diri Laments Revenue Deprivation …As Mutfwang, Abbas Unveil Projects In Bayelsa
-
Niger Delta4 days ago
Okpebholo’s Aides Lead Cancer Awareness Walk In Benin … Offers Free Screening