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Governor Babajide Sanwo-Olu has stated that the proposed Lagos Tenancy Bill is intended to ensure fairness between landlords and tenants while addressing ongoing disputes within the state's housing sector.
During the inauguration of the Sunny Ajose Housing Estate in Ajara, Badagry, on Wednesday, Sanwo-Olu clarified that the bill, which is currently under consideration by the Lagos State House of Assembly, aims to foster a transparent and equitable rental system.
He mentioned that this new legislation, developed in partnership with the State Assembly, seeks to modernize tenancy laws, strengthen rental agreements, and prevent exploitation or arbitrary evictions.
“Everyone aspires to be a landlord, but tenants must also be able to live comfortably and pay rent without undue pressure. The bill promotes a partnership where landlords can earn fairly, and tenants are treated justly,” the governor noted.
Sanwo-Olu also highlighted that the government’s ongoing housing programs, including the rent-to-own and rent-to-live initiatives, are already assisting residents in transitioning to homeownership. He stated that the new law would further enhance these schemes by providing a clearer legal framework for sustainable housing delivery.
He reiterated his administration’s commitment to making housing in Lagos more affordable and accessible, in alignment with President Bola Tinubu’s Renewed Hope Agenda, and emphasized that the state will continue to collaborate with the private sector and local communities to provide modern, inclusive housing solutions.
“The tenancy bill represents a balanced approach, one that enables the government, landlords, and tenants to prosper together,” Sanwo-Olu concluded.
What is the Lagos Tenancy Bill? The Lagos Tenancy Bill is proposed legislation designed to ensure fairness between landlords and tenants while addressing disputes in the housing sector, promoting a transparent and equitable rental system.
The Lagos Tenancy Bill is proposed legislation designed to ensure fairness between landlords and tenants while addressing disputes in the housing sector, promoting a transparent and equitable rental system.
How does the bill benefit tenants? The bill aims to protect tenants from exploitation and arbitrary evictions, ensuring they can live decently and pay rent without undue pressure.
The bill aims to protect tenants from exploitation and arbitrary evictions, ensuring they can live decently and pay rent without undue pressure.
What is the government's commitment regarding housing? The government is committed to making housing in Lagos more affordable and accessible, working with the private sector and communities to deliver modern housing solutions.
The government is committed to making housing in Lagos more affordable and accessible, working with the private sector and communities to deliver modern housing solutions.
