Listen to ABR

"My Country Can Do Better For Me" Amara Musa of Wren Regent on stamp duty and charging annual rent in Nigeria

Jul 29, 2020 01:17 AM
"My Country Can Do Better For Me" Amara Musa of Wren Regent on stamp duty and charging annual rent in Nigeria Africa Business Radio, Amara Musa, Real Estate, Property Investment, Africa Business News, Podcast in Africa, Podcast in Nigeria

"Being a Property Consultant is about taking care of people," says Amara Musa, the Chief Operating Officer of Wren Regent Properties Limited. Speaking during our morning show, Breakfast Connect, Mrs. Musa noted that the effect of coronavirus on the real estate industry has been on the desires and direction of the investment choices of clients. She however noted that real estate will always be in demand because shelter remains a necessity either for residential or commercial use. 

The COO also spoke on the Federal Inland Revenue Service's directive on stamp duty collection for rent and leases. She said, "Property Consultancy is about taking care of people. It is important to focus on what the right issues are. Collecting tax on rent should be addressed. However, there are bigger issues. There are buildings collapsing on people but what we are thinking about is how to collect more money from them. I think (stamp duty on rent) is important, I just don't think it's a priority. Let's focus on building regulations compliant with standards, health and safety."

0:00 / 0:00

Get the latest headlines and unique ABR stories, sent every weekday.

Micos Chicken and Waffles

Upcoming Events

Wed 17

ABR social sensitization on HIV & AIDs

Jul 17 @ 07 AM - Jul 24 @ 05 AM

Job Listing

Software Developer



News Updates

  • Africa's Lost $836bn Through Illegal Transfers

  • Nigerian Government Launches Digital Nigeria Portal, Mobile App

  • Nigerian Electoral Commission Begins Migration to Electronic Voting

  • Nigerian Lawmakers Meets With Nigerian Petroleum Corporation Over Petroleum Industry Bill

  • Nigerian State Governments Take Federal Government To Supreme Court

  • Nigeria Records 136 New COVID-19 Cases

  • Beijing Unveils New Protections For Health Emergency Whistleblowers

  • Trump Demands Biden Take Drug Test Ahead First Debate

  • Former Mali Foreign Minister Named Premier

  • France Doctors Warns Of Possibility Of Overwhelming COVID-19 Cases