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Rising Rent Worries Ijebu-Ode Residents

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The persistent increase of rent by landlords has become a source of concern for residents of Ijebu-Ode in Ogun.

Some of the residents, who spoke with our correspondent recently in Ijebu-Ode, described the increase in rent as unjustifiable and therefore, exploitative.

The residents appealed to both the state and local governments to rescue them from the arbitrariness of the landlords by persuading them to stop the unnecessary increases in rent.

They noted that if the problem persisted, it could compel tenants to relocate to near-by towns where rent was affordable.

They therefore urged government to commence the construction of low income housing to ease their burden.

A survey conducted by our correspondent, revealed that a three bedroom flat in government reserved areas cost N9,000 monthly with the landlords asking for one year down payment.

This is apart from legal charges and the commission payable to either the agent or caretaker of the house.

The survey further showed that a two bedroom flat could be hired out for N5,000, while a room could go for N2,000, with a self-contained abode going for N6,000 in high density areas.

Mrs Olufunke Ibrahim, a business woman, who spoke with NAN, said her family could not bear the leap in rent.

According to her, the monthly cost of the “room-and-parlour” in which her family is staying, was increased from N3, 000 to N5, 000 by the landlord.

She said the landlord did not bother to offer any explanation for the increase.

“When we packed into the house, it was N2, 500 we paid. After a year, the rent was increased to N3, 500.

“Now the landlord just informed us that the rent has been increased to N5, 000 without giving any reason.

“This situation is becoming unbearable. Government needs to do something urgent to regulate the activities of these landlords,” she said.

In his reaction, Mr Adelodun Abdulkareem, a civil servant in the state, said the N1,500 rent he used to pay monthly for the one bedroom flat he was occupying, had just been increased to N2, 500.

He explained that efforts to persuade the landlord to reduce the rent to N2,000, failed.

He said: “I pleaded with him when he announced the increase in rent but he refused to listen. Instead, he said if I was not comfortable with it I could pack out.

“The irony of it is that he does not maintain the house. It does not have a decent toilet facility. No water, but we are managing.

“We are managing it because if we decide to vacate the house, we are still going to find ourselves at the mercy of some other landlords.

“We implore government to come to our rescue by enacting laws that will regulate house rents and enforce it in the interest of the masses,” he said.

Reacting, Mr Aina Bolajoko, a landlord, told NAN that the rise in rent was due to the influx of people, especially students, to the town.

He explained that with the increase in the population of the town, side by side with shortage of houses, the hike in rent was inevitable.

“The only solution is for more houses to be built. Ijebu population is now growing everyday with the arrival of more and more people.

“If we have more houses for rent, this would bring about competition which would in turn bring the house rent down,” he stated.

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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