How Estate Committees Can Stop Money Leakage
6 July 2026 · MyEstate
The biggest reason estate dues dey dry up no be say people no get money — na say dem no dey trust where the money dey go. When resident feel say money dey disappear, dem go stop to pay, and the estate go suffer. The cure na transparency.
Where the money dey leak
- Cash wey pass hand to hand — no receipt, no record.
- Payment wey enter one person account and nobody fit track.
- Expense wey no get proof — "we spend am on diesel" but no paper.
- Different exercise book wey no gree with each other.
Transparency na wetin fund the estate
When every payment get record, and every expense get proof, resident go trust the committee, and dues go dey enter. Track income and expense for one place, generate monthly report, and make the whole estate fit see the summary. Na so you build trust.
MyEstate go help you collect dues and service charge with clean record and automatic reminder, so money no go leak again. Start free.