NEWS: Oyo House of Ass Moves against House Agents

 Good News for 'AGBOWOITES' as Oyo House of Ass Moves motion to curb illegal House Agent Charges

by sonofhumanity

The Speaker of the Oyo State House of Assembly, Rt. Honourable Adebo Ogundoyin, has on Tuesday called for urgent needs to curb illegal charges and extortions by Estate Agents. In a motion moved by the Speaker himself and his colleague, Hon. Babajide Adedayo representing Ibadan North 2, during the Tuesday plenary, the Lawmakers noted it is rather becoming difficult these days for prospective tenants to rent houses or shops without going through an agent.
Babajide said "there is a need for the state government through the ministry of land, housing and physical development and other professional bodies like The Nigerian Institution of Estate Surveyors and Valuers and Association of Estate Agents of Nigeria to regulate and bring some sanity into the practice"
"All their charges are rather too high and exploitative, there is a need to reduce the activities of quacks in the practice."
According to the Speaker, "a tenancy agreement that is supposed to cost 10% of rent now costs as high as the rent itself." "Can you imagine someone getting accommodation in Ibadan, the total package is N900,000, when broken down, the rent is actually N500,000 while other charges by the Estate/ house Agents would make for the remaining N400,000. Almost the same price as the rent. This is really exploitative and exorbitant.", he added. 
"We urge the Oyo State government through the state ministry for Lands, Housing and Physical Development, as well as other professional bodies like Nigerian Institute of Estate Surveyors and Valuers (NIESV) and the Association of Estate Agents in Nigeria (AEAN) to help regulate the activities of Estate Agents and Surveyors in the State", the Speaker added.
It is just the beginning, as this is a motion, which would become a Bill, and ultimately a law would be put in place if the Bill is successful.




Comments

Post a Comment

Popular posts from this blog

Social Director Addresses Budget Discrepancies, Loan Misunderstanding, and Event Challenges

Image
  By Omolola Gracie   FATSSSA PRESS: Good afternoon, Mr. Ashcroft. I'm a correspondent from FATSSSA Press and we're here today for the interview regarding the controversy with the FATSSSA Picnic. So, regarding the picnic controversies,  how much was budgeted and eventually spent? MR ASHCROFT: A budget of #398,000 was approved. FATSSSA PRESS: (points to the hard copy of the budget) This, right? MR ASHCROFT: Yes FATSSSA PRESS: So, 398,000 was approved by the house. Some items include small chops, four puff puffs per person, one samosa, one spring roll, and you planned for how many people? MR ASHCROFT: 400 people.   FATSSSA PRESS: For the small chops, everything was priced at 100,000. The peppered ponmo was budgeted at #60,000, punch for also #60,000, DJ for #70,000, and several others, all amounting to #398,000. So how much was eventually spent? MR ASHCROFT: #362,000 was eventually spent.   FATSSSA PRESS: So #398,000 was, indeed, budgeted for 400 people but #362,000 was spent
Read more

THE FATSSSA WEEK EVENTS THROUGH THE EYES OF A NERDY FATSSSAITE

Image
  By Omolola Odukoya    The Faculty of The Social Sciences had always been known for events which make headlines around campus. However, there had been loud hiccups with the crispy picnic, so many might have been hesitant to show up at the FATSSSA Week events. In preparation for the opening day of the events, the Large Lecture Theatre had been decorated. A large purple banner bearing the name of the faculty, with beautiful splashes of white and orange, was glued to the wall. The week started with an incredible intellectual programme - ‘Dean For  A Day’ and ‘FATSSSAites who inspire us’. I was determined to attend the programme as it was a new trend and I was curious to see how it would turn out. My mouth went agape as I saw FATSSSAites rush to the event. There were six amazing personalities whose citations made my head burst open.  One of the personalities, Mr Shallom made the girls swoon as his melodious baritone tingled through the room. His cheeks turned red a few times as they
Read more

BREAKING: FACULTY OF THE SOCIAL SCIENCES MOURNS LECTURER, SUSPENDS ALL ACTIVITIES FOR THE WEEK

Image
  By Emmanuel Akinwale The Faculty of the Social Sciences has today, 8th October released a memorandum announcing the suspension of all academic and administrative activities within the f aculty , following the untimely passing of Professor Ifeanyi Onyeonoru , a respected lecturer in the Department of Sociology and Head of the Employment Relations and Human Resource Management Unit.   The devastating news confirmed by FATSSSA Press correspondent stated that Professor Ifeanyi Onyeonoru passed away in the early hours of October 7, 2024, at Jaja Clinic during a brief illnes. The esteemable Professor is said to have contributed significantly to the academic repository of the Faculty and most importantly, his Department with his repertoire of knowledge. In a memorandum signed by the Dean of the Faculty, Professor Ehigie , the Dean of the Faculty expressed deep sorrow over the loss, stating:   " This is to inform members of the Faculty that Lectures and other official activities , e
Read more