The business mogul stated, “Let me tell you my background in case some of you might not know,” during the interview. I studied and practiced law in England for more than 35 years, during which time I traveled much and gained an understanding of the workings of the legal system. When I provide solutions to Nigeria’s challenges, I do it from a position of knowledge based on what I have discovered and what I know works elsewhere.
A screenshot of Ned Nwoko from a video clip released by Arise Television on their X handle
On the issues related to rent in Nigeria, he said, “For example, the issue of the payment of rents a year or two years in advance or even payments of rents in dollars is almost like an abomination.
He added that “the issue rising from the rent payment is that it is manifestly unjust for anybody to demand that people look for rent deposits or payments of one or two years. Nigerians don’t earn much. The salary scale of Nigerians is abysmal as it is not comparative to many other societies, so how do you expect them to get enough money to pay for two years? Why do you want to put Nigerians through that hell? It doesn’t happen anywhere else in the world.
Regarding how payment of rents is done in the UK, he said, “Again, as you said, the United Kingdom pays one month in advance, so anyone can look for any accommodation and be able to afford it.
He further added that “if you insist that people should pay rent the way we are carrying on now, what it means is that people have to lie, steal, and do all manner of bad things to get the money CONTINUE FULL READING>>>>>
