Lagos State Governor, Babajide Sanwo-Olu, has said that the proposed Lagos Tenancy Bill is designed to create a fair balance between landlords and tenants while helping to resolve the growing number of housing disputes in the state.
The News Agency of Nigeria (NAN) reports that the bill is currently being reviewed by the Lagos State House of Assembly.
Speaking on Wednesday during the inauguration of the Sunny Ajose Housing Estate in Ajara, Badagry, Sanwo-Olu explained that the law is aimed at protecting the rights of both tenants and property owners, and ensuring a transparent, well-regulated rental system across Lagos.
He said the bill, which was developed in collaboration with the State Assembly, would help modernise existing tenancy laws and address what he described as the “tricky issues” that often arise between landlords and tenants.
“Everyone wants to be a landlord, but we must also have tenants who can afford to live and pay rent,” the governor said. “The new law seeks a fair partnership where landlords earn their income, and tenants can live decently.”
Sanwo-Olu added that the proposed law would also reduce conflicts in the housing sector, simplify tenancy agreements, and prevent property owners from exploiting tenants through unfair rent increases or illegal evictions.
He highlighted that ongoing government housing policies — such as the Rent-to-Own and Rent-to-Live schemes — are already helping many Lagosians transition from renting to owning homes. The new tenancy law, he said, would further strengthen these initiatives and make housing more affordable.
“We are encouraging residents to take advantage of the rent-to-own programme. Our goal is to make housing affordable, accessible, and sustainable for every Lagos resident,” Sanwo-Olu stated.
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He assured that his administration would continue to promote fairness and equity in the housing sector, in line with President Bola Tinubu’s Renewed Hope Agenda.
The governor also reaffirmed Lagos State’s commitment to partnering with the private sector and local communities to deliver modern and inclusive housing projects.
“The tenancy bill represents a continuation of that partnership — a system where the government, landlords, and tenants all win,” he concluded.