FG says Landlords should Charge Rents On a Monthly Basis (See why)
The Federal Government has told landlords in Nigeria to start collecting rents on a monthly, quarterly, or half-year basis. FG said that’s better than the current practice of charging one, two to three years of advance rents. It noted that in the post-COVID-19 era, most tenants are owing rents or facing eviction. The government said…