Nigeria’s house rent collecting system must change – Fashola
Minister for Works, Housing and Power, Babatunde Fashola has called for a review in the way Nigerians pay two years house rent whenever they are seeking to get an apartment. He stated this while speaking at a press conference in Abuja recently “The way we collect rent is something that must change. If we are collecting two years rent in advance from a salary that is going to be earned in arrears monthly, there’s an accounting mismatch. This is something many of us have experienced, you pay two years rent in advance money you haven’t earned. (more…)
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