Chairman of the House Committee on Housing, Ege Olusegun Olabisi, noted that despite a 15% rise in housing units since 2016, over 70% of Lagos residents remain tenants, with many spending 40–60% of their monthly income on rent.
The Lagos State House of Assembly yesterday held a public hearing on a bill to regulate landlord-tenant relations and procedures for recovering premises, aiming to tackle the state’s housing crisis. Chairman of the House Committee on Housing, Ege Olusegun Olabisi, noted that despite a 15% rise in housing units since 2016, over 70% of Lagos residents remain tenants, with many spending 40–60% of their monthly income on rent.
Olabisi said the bill’s 45 clauses will define rights and obligations, prevent arbitrary evictions, promote mediation, and expedite legal processes. Housing Commissioner Moruf Akinderu-Fatai hailed the bill as vital, citing the lack of clear regulations, especially for low-income housing. He said it would boost investor confidence and streamline rental processes.
Attorney-General Lawal Pedro called for its swift passage, proposing stricter lawsuit rules, appeal conditions, and standardised agency fees, stressing the need for expert input to make the law effective for all.