Lagos Govt Reads Riot Act To Fraudulent Estate Agents

Lagos State Government has read the riot act to fraudulent real estate operators whose stock in trade is to exploit and defraud the residents of the state.
The Special Adviser to the Lagos State Governor on Housing, Mrs. Toke Benson-Awoyinka, gave the warning at the ongoing press briefing to commemorate the second year in office of Governor Babajide Sanwo-Olu.

Lagos State Government has read the riot act to fraudulent real estate operators whose stock in trade is to exploit and defraud residents, EKO HOT BLOG has gathered.

This is just as the government urged the fraudulent operators to desist from such acts or face the wrath of the law.

The Special Adviser to the Lagos State Governor on Housing, Mrs. Toke Benson-Awoyinka, gave the warning at the ongoing press briefing to commemorate the second year in office of Governor Babajide Sanwo-Olu.

Benson–Awoyinka, who reeled out different measures being put in place to curb the excesses of practitioners in the housing industry, vowed that the current administration would leave no stone unturned in order to make sure that the Lagos residents get value for their money in the housing industry.

She said, “The State Executive Council has approved two critical Bills as part of the state government’s efforts to sanitize and rebuild the industry. The bills are Mortgage Foreclosure Law and Lagos State Real Estate Regulatory Authority’s Bill 2021 in October 2020.

“The proposed bills have been forwarded to the State House of Assembly. The bills are currently awaiting the endorsement of Mr. Governor before finally becoming Laws.”

Similarly, the Lagos State Commissioner for Housing, Moruf Akinderu-Fatai, has reeled out the scorecard of the ministry in the last two years.

Special Adviser to the Lagos State Governor on Housing, Mrs. Toke Benson-Awoyinka.

Reeling out the scorecard, the commissioner stated that Sanwo-Olu’s administration has successfully completed 14 housing schemes within two years, noting that it was part of the moves to reduce housing deficit and provide affordable housing for the greater number of residents in the state.

According to him, some of the completed schemes include Lateef Jakande Gardens in Igando; Lagos State Affordable Public Housing Scheme, Idale, Badagry; LAGOSHOMS Lekki Phase 2; Babatunde Raji Fashola Estate, Courtland Villas Igbokushu, among others.

Akinderu-Fatai added that four out of the number are virtually completed and awaiting commissioning at Odo Onosa Ayandelu, Agbowa, Magodo/Omole , Gbagada and Ibeshe.

The commissioner further disclosed that other ongoing housing projects totaling 21 schemes are being constructed through the budgetary allocation and joint ventures in various parts of the state

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