Landlords in Delta State may soon be restricted from raising rents by more than 50 per cent within three years if the Landlord and Tenant Bill before the State House of Assembly becomes law.
The bill, which passed for second reading on Friday, was sponsored by the Majority Leader and a member representing the Aniocha North Constituency, Emeka Nwaobi.
It aims to protect both tenants and property owners by promoting fairness, transparency, and accountability in rent administration.
During the plenary presided over by the Speaker, Emomotimi Guwor, lawmakers described the proposed legislation as timely and people-centred.
They noted that the measure reflects the current economic realities and the urgent need to stabilise the housing sector.
Key provisions of the bill include limiting rent increases to no more than 50 per cent within three years, capping agency fees at five per cent, and establishing rent tribunals in all local government areas to handle tenancy disputes.
Following unanimous support from members, the Speaker referred the bill to the joint committees on Housing, Urban Renewal, and Women Affairs & Humanitarian Support Services for further legislative consideration.
In a related development, the Speaker announced the constitution of a seven-member ad hoc committee chaired by Emeka Nwaobi to investigate the reported crisis between the Rector and Governing Council of Delta State Polytechnic, Ogwashi-Uku.
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