By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Lagos govt vows action against continuous rent increase
Share
Sign In
Notification Show More
Latest News
Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly
Civil Society Organisations Environment Metro News
Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes
Legal/Courts Metro News
WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City
Metro News
Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors
Business Environment Metro News
Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate
Business Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Lagos govt vows action against continuous rent increase
BusinessMetroNews

Lagos govt vows action against continuous rent increase

Publisher
By Publisher Published May 12, 2025
Share
2 Min Read
SHARE

 

The Lagos State Government has strongly criticised landlords and property agents who are exploiting residents by imposing unjustifiable increases in house rents.

The government has pledged to take action to protect tenants from these exploitative practices.

- Advertisement -
Ad image

The Special Adviser (Housing) to the Lagos State Real Estate Regulatory Authority, Barakat Bakare, on Saturday, expressed the government’s stance during a live interview on TVC’s program, “YOUR VIEW.”

Bakare stated that the Lagos State Government “would no longer fold its arms and watch its residents being exploited by landlords and agents.”

Bakare also clarified the distinct roles of house agents and lawyers in rental matters, emphasising the limitations of legal practitioners in real estate and house rental transactions.

According to Bakare, the Lagos State tenancy law is currently under review.

“The review aims to incorporate crucial provisions, such as those related to caution fees, which are presently lacking in the existing legislation.”

She urged residents who encounter violations of these regulations to report such incidents to the Lagos State Regulatory Authority, either through physical visits or online channels.

The Special Adviser reiterated Governor Babajide Sanwo-Olu’s commitment to addressing the housing challenges faced by Lagos residents.

She affirmed that the “Government is constantly engaging landlords, property associations, and developers to promote collaboration and also to control excessive housing costs.”

Furthermore, Bakare emphasised the government’s commitment to fairness and justice in the allocation of state-owned housing. She stated that the distribution process adheres to “fair, transparent, and well–laid–out criteria.”

In her concluding remarks, Bakare advised Lagosians to exercise caution and diligence by verifying the registration status of agents and developers with LASRERA before finalising any transactions.

She also issued a call to all real estate practitioners, urging them to register with the Lagos State Real Estate Registration Agency.

Like this:

Like Loading...

Related

You Might Also Like

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly

Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes

WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City

Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors

Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate

TAGGED: Lagos State, property, rents, Tenants

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher May 12, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Hawkers Seek Government Support, Demand Dignified, Friendly Trading Environment 
Next Article 42% of nurses in Africa love to migrate – WHO
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly
Civil Society Organisations Environment Metro News June 1, 2025
Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes
Legal/Courts Metro News June 1, 2025
WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City
Metro News June 1, 2025
Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors
Business Environment Metro News June 1, 2025

You Might also Like

Civil Society OrganisationsEnvironmentMetroNews

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly

June 1, 2025
Legal/CourtsMetroNews

Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes

June 1, 2025
MetroNews

WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City

June 1, 2025
BusinessEnvironmentMetroNews

Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors

June 1, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d