- Lagos State Moves to Protect Tenants, Landlords with New Tenancy Bill
- Hon. Akinderu-Fatai praised the lawmakers for their thorough research and dedication in drafting the bill
- The public hearing was attended by representatives of the Lagos State House of Assembly
The new Tenancy Bill currently under review by the Lagos State House of Assembly aims to provide full protection for both tenants and landlords while also encouraging large-scale housing development by private investors.
Eko Hot Blog reports that Lagos State Commissioner for Housing, Hon. Moruf Akinderu-Fatai, made the statement while addressing reporters during the public hearing on the Lagos State Tenancy Bill 2025 on Wednesday at the State House of Assembly.
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He said, “Currently, there are challenges in the landlord-tenant relationship. This bill is designed to ensure that everyone understands their rights, protecting both tenants and landlords.”
Hon. Akinderu-Fatai also praised the legislators for their thorough research and dedication in drafting the bill. He emphasized that it would boost confidence among real estate investors and attract new financiers to the sector.
According to him, the bill will “increase investment in the real estate sector and encourage investors to build with confidence, knowing their investments are protected.”
During the public hearing, the Commissioner highlighted key provisions of the bill that will protect tenants from exploitation by estate agents. These include mandatory registration of agents and caps on commission and agency fees, which respond to public concerns.
He also noted that the proposal to include virtual hearings in tenancy disputes will speed up the legal process. Additionally, the Alternative Dispute Resolution (ADR) Agreement can be enforced by courts if parties opt for that approach.
Hon. Akinderu-Fatai stressed the need to maintain the existing legal requirement for landlords to insure their properties against loss or damage.
He also welcomed the provision that gives landlords the right to inspect and maintain their premises after giving prior notice to tenants.
The public hearing was attended by representatives of the Lagos State House of Assembly, including the Speaker, represented by Hon. Kayode Ogundipe, and chaired by Hon. Ege Olusegun Adebisi, Chairman of the House Committee on Housing.
Other dignitaries included Engr. Abdulhafis Toriola, Permanent Secretary of the Ministry of Housing, directors and heads of departments from the ministry, as well as representatives from organisations in the real estate sector, such as the Nigerian Institution of Estate Surveyors and Valuers, Nigerian Bar Association, Real Estate Developers Association of Nigeria, Association of Realtors, and the Real Estate Agents Association of Nigeria.
