Lagos govt set to launch monthly rent payment scheme - Commissioner – Newstrends
Connect with us

metro

Lagos govt set to launch monthly rent payment scheme – Commissioner

Published

on

Lagos govt set to launch monthly rent payment scheme – Commissioner

The Lagos State government says it is finalising plans to introduce a monthly and quarterly rent payment system to ease the financial burden on residents, especially low-income earners.

The State Commissioner for Housing, Moruf Akinderu-Fatai, disclosed at the 2025 Ministerial Press Briefing to commemorate Governor Babajide Sanwo-Olu’s second year in office on Tuesday.

He said the initiative was part of broader efforts to make housing accessible and affordable for residents.

Mr Akinderu-Fatai recalled that the state had launched a rent-to-own housing scheme allowing tenants to make an initial five per cent down payment and spread the balance over a 10-year period.

“That initiative was well-received, and its success encouraged us to explore new ways to reduce the pressure of yearly rent payment,” he said.

According to him, many tenants, particularly those with modest incomes, find it difficult to pay rent annually.

READ ALSO:

Mr Akinderu-Fatai added, “We believe that monthly or quarterly payment options will give people more breathing space and reduce the stress associated with sourcing lump sums.”

He noted that the government was currently engaging landlords, property developers and other key players in the real estate sector to understand the challenges and fine-tune the policy before rolling it out.

Akinderu-Fatai said, “Of course, there are issues to resolve — things like landlord cooperation, payment tracking and enforcement. But discussions are ongoing, and we are listening to all sides.”

The commissioner added that the government was fully committed to the plan, working diligently to implement a pilot phase in selected areas of the state.

“This is not just policy on paper. We are making real progress. We know what this means for many families, and we are determined to make it happen,” he said.

Lagos govt set to launch monthly rent payment scheme – Commissioner

(NAN)

metro

Ex-CBN Governor Godwin Emefiele Denies Allegations of Financing Terrorism

Published

on

Godwin Emefiele

Ex-CBN Governor Godwin Emefiele Denies Allegations of Financing Terrorism

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has strongly denied allegations linking him to terrorism financing in Nigeria, describing the claims as “mischievous and malicious.”

In a statement released on Saturday, December 6, 2025, Emefiele said the reports were “entirely fabricated, baseless, and a deliberate attempt to malign my name, mislead the public, and sow confusion for motives best known only to the publishers and their sponsors.”

He emphasized that the fight against terrorism is too important to be trivialized by irresponsible reporting, warning that Nigerians deserve accurate information rather than “reckless misinformation.”

READ ALSO:

“Throughout my service to the nation and in my private life, at no time have I been involved in any activity remotely connected to terrorism, terrorist financing, or any action that threatens the peace and security of our nation,” Emefiele stated. He added that he has never been invited, questioned, or investigated regarding such allegations and has no connection to the individual cited in the media reports.

“There is no scintilla of truth in the allegation,” he said, urging the public to disregard the claims entirely and calling on media organizations to verify facts before publishing sensational stories.

Emefiele’s statement seeks to reaffirm his reputation and distances him from any activities undermining national security.

Ex-CBN Governor Godwin Emefiele Denies Allegations of Financing Terrorism

Continue Reading

metro

Shettima Inaugurates Multi-Million Naira Juma’at Mosque in Gumel

Published

on

Shettima Inaugurates Multi-Million Naira Juma’at Mosque in Gumel

Vice President Kashim Shettima on Friday inaugurated the newly constructed multi-million-naira Juma’at Mosque located within the Emir of Gumel’s Palace in Jigawa State.

According to a statement by Zainab Rabo, Senior Special Assistant on Media Affairs to Governor Umar Namadi, the event drew high-level dignitaries, including top politicians, first-class emirs, captains of industry, and prominent Islamic scholars from across the country.

Rabo disclosed that the mosque was built by the Kashim Shettima Foundation, adding that Governor Umar A. Namadi and the Sultan of Sokoto graced the ceremony.

READ ALSO:

During the occasion, the Vice President congratulated the Emir of Gumel, Alhaji Ahmed Mohammed Sani, on marking 45 years on the throne, describing the milestone as a blessing and testament to exemplary leadership.

Shettima also reaffirmed his commitment—through his foundation—to initiatives that would improve the lives of Nigerians.

The Vice President further commended Governor Namadi for his notable strides in modern agriculture, noting that Jigawa’s progress under his leadership had positioned the state competitively within Nigeria and beyond.

“Governor Namadi is equal to the task, looking at his two-year achievements and the way he transformed Jigawa in modern agriculture,” Shettima stated.

 

Shettima Inaugurates Multi-Million Naira Juma’at Mosque in Gumel

Continue Reading

metro

Police Launch Special Enforcement Team to Enforce Tinubu’s Ban on VIP Escorts

Published

on

Inspector-General of Police (IGP), Kayode Egbetokun

Police Launch Special Enforcement Team to Enforce Tinubu’s Ban on VIP Escorts

The Nigeria Police Force (NPF) has deployed a Special Enforcement Team in Lagos to enforce President Bola Tinubu’s directive ending the use of police officers as escorts and guards for Very Important Persons (VIPs).

The operation, according to a statement posted on the Force’s official X account on Saturday by the Force Public Relations Officer, CSP Benjamin Hundeyin, commenced at about 10:00 a.m. on December 6, 2025, across key locations in Lagos State.

Hundeyin confirmed that the team carried out compliance checks at major points, including the Lekki–Ikoyi Link Bridge, the Murtala Muhammed International Airport domestic terminal, and other strategic hotspots within the state.

READ ALSO:

He disclosed that officers found “satisfactory and commendable” compliance with the presidential directive, with no incidents of unauthorised police escort and no arrests recorded.

“The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, reiterates the Force’s commitment to the full implementation of the presidential directive,” the statement said. “The Nigeria Police Force remains resolute in redeploying its personnel to core policing duties aimed at enhancing general security, crime prevention, and the protection of lives and property nationwide.”

Hundeyin added that enforcement would continue across the country “without fear or favour,” urging Nigerians to support the push for a more professional and citizen-focused policing system.

President Tinubu had, on November 23, ordered the immediate withdrawal of police officers from VIP protection, directing that they be reassigned to frontline policing roles. According to the President’s Special Adviser on Information and Strategy, Bayo Onanuga, VIP protection will now be handled by armed operatives of the Nigeria Security and Civil Defence Corps (NSCDC).

The policy aims to free up police manpower for critical security operations, particularly in underserved communities, and enhance overall national security efficiency.

Police Launch Special Enforcement Team to Enforce Tinubu’s Ban on VIP Escorts

Continue Reading
HostArmada Affordable Cloud SSD Shared Hosting
HostArmada - Affordable Cloud SSD Web Hosting

Trending