Ekiti guber poll: Landlords hike rents in Ado-Ekiti

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In Nigeria
Mar 8th, 2014
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HOUSE rents have gone up by as much as 50 per cent in Ado Ekiti, the Ekiti State capital, as more political parties rush to open operational offices ahead of June 21, 2014 governorship election in Ekiti State. The development is coming barely 72 hours after the Independent National Electoral Commission (INEC) released guidelines as well as timetable for the poll. Investigation conducted in Ado-Ekiti by the News Agency of Nigeria (NAN), showed that mostly affected by the sudden increase are houses located in conspicuous places, especially those directly facing the roads. The rent for a three-bedroom flat which formerly cost between N70 000 and N80 000 per annum, has gone up to between N150 000 and N250 000 per annum depending on the location and type of building. An employee of one of the political aspirants, who pleaded anonymity, said that his boss was asked to pay N250 000 for a threebedroom apartment. “After agreeing to pay this amount, the landlord requested for two years rent failure of which my boss will forfeit the offer to another aspirant,” he said. A landlord, Adeniyi Salman whose house is located on the high brow Ajilosun area of the city, said that he jacked up his rent to make up for the ‘huge’ sum he used to renovate the building recently. Two weeks ago, few political parties and aspirants existed in the state, but the number of political parties that indicated interest to partake in the election had risen to 10. The parties are: Peoples Democratic Party (PDP), All Progressives Congress (APC), Labour Party (LP), Accord Party (AP) and Social Democratic Party (SDP). Others are Alliance for Democratic (AD), National Conscience Party (NCP), All Progressive Grand Alliance (APGA), All Peoples Party (APP) and National Democratic Party (NDP).

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