Kogi Residents Struggle with Rising Rent Prices Amid Housing Crisis and ‘Yahoo Boys’ Influence
Kogi State residents are grappling with a severe housing crisis as rents skyrocket, driven by a housing deficit and economic hardship. Rent for basic accommodations has doubled or tripled, making it unaffordable for many, especially civil servants.
Landlords are increasingly renting to suspected internet fraudsters (Yahoo Boys), who can pay higher rents, exacerbating the problem. This shift is fueling concerns about rising crime and the exploitation of legitimate tenants. In response, the Kogi government has warned landlords against renting to fraudsters and is considering policies to address the housing deficit, including a proposal for 1,000 housing units for civil servants.
Peoplesmind