Ebonyi to regulate house rent, cap agents’ fee at 2% in proposed law

Ebonyi to regulate house rent, cap agents’ fee at 2% in proposed law

 Francis Nwifuru, governor of Ebonyi state, has approved the
transmission of two executive bills aimed at regulating house rents, agency
fees, and the scrap metal trade to the state’s House of Assembly.

 

Speaking to journalists on Tuesday in Abakaliki after the
state’s executive council meeting on Monday, Ikeuwa Omebeh, commissioner for
information and orientation, said the proposed legislation will protect
residents from financial exploitation and safeguard public infrastructure.

 

Omebeh said to address the rising cost of housing in
Abakaliki, the state capital, the council approved an executive bill to
regulate the relationship between landlords and tenants, as well as fees
charged by professional and non-professional house agents.

 

He said the bill prohibits agents from collecting a fee
exceeding two percent of the total rental value.

 

 

According to him, the regulation is to enforce compliance
among registered agents, curb arbitrary charges, and ease the financial burden
imposed on residents by spiralling housing costs.

 

On addressing infrastructural theft and improving public
safety, Omebeh said the council proposed “a bill for a law to regulate the sale
of metal and electrical scraps in Ebonyi state and other related matters”.

 

He said the legislation, if passed into law, would regulate
the acquisition, sale, possession, transportation, and disposal of metal and
electrical scrap across the state.

 

The proposed law is targeted at preventing the vandalism of
public infrastructure, curbing environmental degradation, and promoting public
safety.

 

The commissioner added that the bills were forwarded to the
state house of assembly following approval by the executive council.

Source: Ebonyi to regulate house rent, cap agents’ fee at 2% in proposed law

 - NigerianEye

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