Business
‘Rivers Needs More 200,000 Houses’
The National Union of Ten
ants of Nigeria, a body responsible for the enforcement of Housing Rights in Nigeria, has declared that Rivers State is at present in the shortage of 200,000 buildings for residential and office accommodation needs.
Even at that, the union said, in the next two years, if no concrete steps are taken to check the trend, the state might find its in acute shortage of houses to satisfy the growing population.
The Executive Secretary of the body, Mr Caecsare Enwefah, who stated this in an interview with The Tide in Port Harcourt, Monday, said the situation was partly responsible for the high house rent and blamed quack house agents, landlords, institute of estate surveyors and valuers as will as the state ministry of urban development for the ugly situation.
He explained that while urban planning and regulations forbids any landlord from altering, restructuring or amending any existing structure without approval from the ministry and the ministry does not check such activities, tenants were not arbitranly evicted.
Enwefah alleged that landlords in the state especially in Port Harcourt and its environs were in the regular habit of arbitrarily restructuring their houses to increase earning at the detriment of tenants and that worst still, such illegalities is not checked by the ministry.
He said landlords without consultation with any stakeholder convert two rooms to self contained, three rooms to one-bedroom flats thereby displacing some tenants without recourse stressing that by so doing, they create housing scarcity.
The union boss further noted that quacks, irrespective of whether they are seeking for one room or flats affix high commission and this adds to the rent, the cost jumps high.
He equally accussed lawyers of taking over the responsibility of the institute of Estate Surveyors and Valuers, remarking that lawyers are charging the landlords on rentage while the institute remains aloof and insensitive to its responsibility.
The union advised landlords to agree with their tenants at any time increase of rents becomes needful because before the increase, there had been an existing agreement and for any variation, the two parties must agree otherwise it should become a litigation matter where the court has to cone in to establish justice.
The executive secretary while estimating the cost of one room at between N5,000 and N6,000 per month said by the time all other fees were brought together, the tenant begins to pay so high and for years of arreas and reminded the ministry of housing, and urban development of its duty to make housing affordable through regulation and legislations.
Chris Oluoh
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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