Nigerian State Set to Launch Monthly Rent Payment Scheme to Ease Tenant Burden

Lagos Government Limits Tenancy Fees to 10%, Introduces Monthly Rent Payments

The Lagos State Government has promised to enforce the rule that tenancy agreement fees should not be more than 10%. Landlords and agents are warned not to charge more than this.At a 2025 press briefing in Alausa, Barakat Odunuga-Bakare, Special Adviser on Housing, spoke out against agents who charge too much money. She asked people … The post Lagos Government Limits Tenancy Fees to 10%, Introduces Monthly Rent Payments appeared first on Busines…

Lagos Government Cracks Down on Illegal Tenancy Fees Exceeding 10 Percent

The Lagos State Government, on May 14, 2025, issued a directive urging residents to report landlords and agents charging tenancy agreement fees above the legal 10% cap, aiming to curb exploitative practices in Nigeria’s most populous city. The initiative, announced during a housing symposium in Ikeja, seeks to enforce compliance with the 2011 Tenancy Law and protect tenants in a competitive rental market.Lagos, with 24 million residents, faces a…

Nigerian state set to launch monthly rent payment scheme to ease tenant burden

The Lagos State Government has announced plans to implement monthly and quarterly rent payment options aimed at easing the financial burden on residents.

Lagos Insists Tenancy Agreement, Commission Fees Remain 10% of Annual Rent

By Modupe Gbadeyanka The Lagos State government has maintained that no agent or landlord should charge more than 10 per cent of the annual rent for tenancy agreement fees in the state, warning against illegal charges. The Special Adviser to Governor Babajide Sanwo-Olu of Lagos State on Housing, Ms Barakat Odunuga-Bakare, while speaking at the […]

Lagos Govt warns against rent exploitation, reaffirms 10% limit in tenancy fees

The Lagos State Government has reiterated its position against the exploitative rental practices, warning landlords and agents that tenancy agreement fees must not exceed 10% of the annual rent.  The post Lagos Govt warns against rent exploitation, reaffirms 10% limit in tenancy fees  appeared first on Nairametrics.

More Knocks For Landlords,Agents, As LASG Reaffirms 10% On Tenancy Agreement Fees

The Lagos State Government has reiterated its stance against the imposition of excessive tenancy agreement fees, reminding all stakeholders within the state that the stipulated maximum remains 10% of the annual rent. This declaration was made by the Special Adviser to the Governor of Lagos State on Housing, Barrister. Barakat Odunuga-Bakare, during the 2025 Ministerial Press Briefing held at the Bagauda Kaltho Press Centre in Alausa, Ikeja. Barr…