The housing schemes are being developed through Public-Private Partnership (PPP) arrangements to expand access to affordable housing.
The proposed bill will repeal the Tenancy Law, Cap. T1, Laws of Lagos State 2015. Here are 10 things to know about the proposed Lagos tenancy law.
“Currently, the tenancy bill is at the committee stage at the House of Assembly,” the Lagos government stated.
Armed bandits attacked the school on Monday, killing the vice principal, a security guard and abducted 25 female students.
The governor thanked Kayode Fayemi who laid the foundation of the airport project in 2019.
The new estate is expected to provide accommodation for more than 2,000 residents.
A salient provision of the bill is the reduction of agency fees on annual rents from 10 per cent to five per cent.
Mr Obasa said landlords’ and estate agents’ activities regarding service charges had become worrisome and a cause for concern.
“These illegal activities are often perpetrated by unregistered individuals operating outside the purview of established professional bodies,” said Mr Sanwo-Olu’s aide.
The commissioner said the initiative was part of broader efforts to make housing accessible and affordable for residents.
