HomeNewsOyo State Dey Fight Rents Wahala with Estate Agents

Oyo State Dey Fight Rents Wahala with Estate Agents

My people, make I tell una wetin dey happen for Oyo State. The government don put head together with Estate Rent and Commission Agents’ Association to tackle this palava wey dey make rents dey rise like say dem dey blow balloon. Na the commissioner for Information and Civic Orientation, Dotun Oyelade, wey carry this gist come out on Thursday for Ibadan.

Oyelade talk say dem meet with the association for one wahala-solving gathering on Wednesday wey just pass. This meeting get the aim of protecting tenants and also to make sure say house agents no dey do wetin dem wan anyhow again. This wahala don plenty for Oyo, as una sabi say some agents dey collect extra money wey no make sense from people wey just dey find house.

The commissioner for lands, housing, and urban development, Mr. Williams Akin-Funmilayo, na him lead the government side for the meeting. The oga for the association, Mr. Mutahir Okekunle, also dey present with him guys. Akin-Funmilayo talk say dem need to regulate wetin these house agents dey do, and na why government dey engage with them.

He commot say dem fit no fit control the amount wey property owners dey charge as rent, but dem go fit regulate am by law. Na so dem dey plan to create law wey go dey follow how these agents dey operate, thanks to the house of assembly wey dey discuss am.

“Before this law fit land, we dey reason am well, and we need to gather our thoughts, make we present am to the House of Assembly,” Akin-Funmilayo gist dem. He don even tell the agents say make dem come up with clear idea about wetin dey happen for their side, so dat dem go fit take am go Assembly for more talk.

Okekunle, the chairman of the association, even praise the government. He talk say many of the current policies don really help their side. But, he no forget to mention say inspection charges na one of the areas wey some agents dey use collect money from innocent accommodation seekers. E add say make government help dem clear out those bad agents wey dey spoil the name of the good ones.

For meanwhile, wey PUNCH Online don report, Dr. Waliu Adeoye wey be managing director of Stallion Cardinal Homes don drop serious warning say Nigeria rental market dey face big wahala. He talk say, for places like Lagos and Abuja, rents dey rise up to 20% every year for some areas, and this one dey make life hard for people wey dey find place to stay.

Na so he talk say most urban Nigerians no get choice but to rent, and this housing situation na serious crisis for many. Adeoye add say the way house agents dey demand one to two years’ rent upfront dey make things dey more difficult for many people wey dey struggle to find home.

He come conclude say if dem no fix this issue quick-quick, e go affect many people wey dey hustle for better life. As we dey enter 2026, we go dey watch how government go carry this matter wey dey affect many lives.


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