Legislators lift Abuja property market | The Guardian Nigeria News - Nigeria and World News

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Despite apparent uncertainties surrounding the economic health of the housing sector in major cities, Abuja PropertyMarket appears to have rebounded, with the juicy accommodation package granted the legislators by the Federal Government. Nigeria

The Guardian learnt that following the payment of their welcome packages, many of the Senators, their House of Representatives counterparts and assistants who are new comers to the Federal Capital Territory, Abuja have besieged offices of notable estate surveyors and valuers as well as popular agents in search of accommodations.

Similarly, each member of the House of Representatives, is entitled to N9.926, 062.5, comprising furniture allowance of N5,955,637 and accommodation allowance of N3, 970,425. The report further projected that properties prices between N40 million – N69 million will experience increased demand. “Our market indicates that this demand could easily reach as high as 120 – 150 units of detached houses, terraces, bungalows and flats,” according to Mr. Chudi Ubosi, Principal Partner, Ubosi Eleh and Company.

 

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And you expect citizens to keep quiet within this indecent framework twisted to benefit only the rich and famous? Nah, something has to give.

Corruption start from the top. God is watching nigerian politicians.

Humm we are not serous at all especially does ppl in legislator of this country , they should go ahead no problem the masses are waiting for them

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