Governor Babajide Sanwo-Olu has stated that the proposed Lagos Tenancy Bill aims to ensure fairness between landlords and tenants, while addressing ongoing disputes in the state’s housing sector. Speaking on Wednesday at the inauguration of the Sunny Ajose Housing Estate in Ajara, Badagry, he explained that the bill, currently before the Lagos State House of Assembly, is designed to create a transparent and fair rental system.
Sanwo-Olu emphasized that the legislation seeks to modernize tenancy laws, strengthen rental agreements, and prevent exploitation or unlawful evictions. He noted that the bill aims to balance the interests of landlords and tenants, ensuring fair rent payments without undue pressure on either party.
The governor also highlighted ongoing housing initiatives, including rent-to-own and rent-to-live programs, which support residents in achieving homeownership.
Sanwo-Olu emphasized that the legislation seeks to modernize tenancy laws, strengthen rental agreements, and prevent exploitation or unlawful evictions. He noted that the bill aims to balance the interests of landlords and tenants, ensuring fair rent payments without undue pressure on either party.
The governor also highlighted ongoing housing initiatives, including rent-to-own and rent-to-live programs, which support residents in achieving homeownership.
