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    Home»Nigeria News»Lagos Assembly reviews new tenancy bill
    Nigeria News

    Lagos Assembly reviews new tenancy bill

    NigeriaNewzBy NigeriaNewzJuly 11, 2025No Comments3 Mins Read
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    The Lagos State Home of Meeting has moved to enhance landlord-tenant relations because the state’s Tenancy Invoice handed the second studying stage on Thursday.

    Throughout plenary, Speaker Mudashiru Obasa stated the invoice aimed to redefine the authorized framework for tenancy agreements, rights, obligations, and eviction processes in Lagos.

    The Information Company of Nigeria NAN stories that the invoice is titled: ‘A Invoice for a Regulation to Regulate the Relationship between Landlords and Tenants in Lagos State.’

    Obasa stated the invoice covers procedures for recovering premises and associated issues throughout the state.

    If handed, the regulation would be certain that landlords, tenants, and brokers totally perceive their rights and obligations.

    Obasa urged members to think about tenants who depend upon end-of-year bonuses and annual go away allowances to pay lease.

    He additionally highlighted the hovering price of constructing supplies and the way landlords depend on rental revenue.

    Obasa confused the federal government should reassess its housing guarantees and guarantee they’re fulfilled.

    After deliberation, the Speaker referred the invoice to the Home Committee on Housing for additional overview. The committee is to report again in three weeks.

    Mr Sa’advert Olumoh (Ajeromi-Ifelodun I) described the laws as essential, saying it goals to convey order to tenancy issues.

    He stated the invoice promotes concord by clearly defining lease constructions — annual or month-to-month — and eviction discover procedures.

    Olumoh added that the invoice specifies roles for landlords, tenants, and brokers, guaranteeing everybody understands their obligations.

    He stated it additionally presents authorized readability to information courts in resolving tenancy-related disputes pretty and promptly.

    Describing the invoice as well timed and people-centred, Mr Aro Moshood (Ikorodu II) referred to as for an enforcement physique inside the regulation.

    He stated such a physique would test landlords who impose arbitrary rents past authorized limits.

    In response to him, the invoice would relieve tenants and assist them plan funds with out pointless pressure.

    Mr Stephen Ogundipe (Oshodi-Isolo I) recommended the invoice for its inclusive and all-encompassing nature.

    He stated it covers all the pieces from agent conduct to lease agreements and dispute decision processes.

    Mr Femi Saheed (Kosofe II) described the invoice as a welcome improvement that outlines landlord rights on levies like tenement charges and land use expenses.

    He stated the invoice additionally affirms tenants’ rights and the courts’ authority over tenancy disputes.

    “This regulation is lengthy overdue and can modernise housing relationships in Lagos,” he stated.

    Mr Ajayi Oladele (Ibeju-Lekki II) stated the invoice will cut back conflicts typically brought on by property brokers.

    “For the primary time, everybody will perceive their authorized standing clearly,” he said.

    Ms Omolara Olumegbon (Lagos-Island I) praised the invoice for selling equity and addressing lease timelines — month-to-month or yearly — and the way they relate to eviction processes. 

    The submit Lagos Assembly reviews new tenancy bill appeared first on Vanguard News.



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