Governor Babajide Sanwo-Olu has assured Lagos residents that the proposed Lagos Tenancy Bill, currently before the State House of Assembly, is designed to create a fair and transparent rental system, balancing the rights of both landlords and tenants.
Speaking during the inauguration of the Sunny Ajose Housing Estate in Ajara, Badagry, on Wednesday, the governor said the bill was developed to address long-standing housing conflicts and promote a more equitable housing landscape in Nigeria’s commercial capital.
“Everybody wants to be a landlord. But you must also have tenants who can survive and pay rent,” Sanwo-Olu said.
The governor stressed that the bill, developed in collaboration with the State Assembly, would modernise existing tenancy laws and tackle what he called the “naughty, naughty issues” that have long strained landlord-tenant relationships in the state.
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Key Highlights of the Proposed Lagos Tenancy Bill:
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Protection for both tenants and landlords
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Streamlined tenancy agreements
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Curbing unfair charges and arbitrary evictions
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Clear dispute resolution mechanisms
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Support for affordable housing initiatives
Sanwo-Olu noted that housing affordability and access remain a top priority for his administration, in line with President Bola Tinubu’s Renewed Hope Agenda.
“The new law seeks a working partnership between both parties so that landlords earn income, and tenants live decently,” the governor said.
He also highlighted the success of the rent-to-own and rent-to-live housing schemes already in place, stating that the new legal framework would strengthen these efforts and help more Lagosians transition into home ownership.
“We are encouraging everyone to take advantage of the rent-to-own initiative. The goal is to make housing affordable and sustainable for every Lagos resident.”
Sanwo-Olu reiterated that the Lagos State Government would continue to partner with the private sector and local communities to deliver modern, inclusive housing solutions, with the tenancy bill serving as a crucial step in that direction.
“The tenancy bill is a continuation of that partnership — a system where the government, landlords, and tenants all win,” he added.
