How financial uncertainty disrupts the rental market and the need for policies that protect both…
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Economic Instability and Its Toll on Tenants and Landlords in Nigerian Cities.
How financial uncertainty disrupts the rental market and the need for policies that protect both tenants and property owners Economic instability across Nigerian cities has increasingly affected tenants’ ability to meet rental obligations once tenancy is assumed. Fluctuating incomes, inflation, and broader financial uncertainty create disjunctions in the rental market, leaving landlords struggling to collect […]
Lagos: Where Developers’ Dreams of Business Success Come True
From high-value property projects to transformative urban development, Lagos is emerging as Africa’s premier destination for real estate investment Lagos State is rapidly becoming the epicenter of high-value real estate development in Africa. From the exclusive enclaves of Banana Island and Ikoyi to ambitious developments like Eko Atlantic City, developers are investing millions of dollars […]
A Snap Look at the Lagos Tenancy Bill, 2025
By Gabriel Airewele The proposed Lagos Tenancy and Recovery of Premises Bill arrives with familiar promises: rein in abuse, protect the vulnerable, professionalise practice, and speed up court proceedings. Lagos tried all of this in 2011. On paper, the Tenancy Law of 2011 restricted advance rent, clarified jurisdiction of the Magistrates’ Courts and High Courts […]
Lagos Tenancy Bill 2025: Missing the Real Solutions for High Rent
Why rent control won’t work without tackling housing supply and inflation Lagos is debating the Tenancy Bill with promises to cap rent, limit agents’ fees and regulate landlords. It makes for good politics, but it is bad economics. Rents in Lagos are not spiralling because landlords woke up greedy. They are rising because demand for […]
Clearing the Path: Overcoming Lagos’ Consent Assessment Delays
Why delays in issuing Governor’s Consent assessments are holding back building approvals and what can be done to accelerate property development In Lagos State’s government schemes, a persistent problem is slowing down development: property owners are often unable to obtain building approvals because the assessment for Governor’s Consent has not been issued. While regulations require […]
Lagos’ Digital Land Reform: A Bottleneck in the Making
While the Momentum Land Administration Solution promises efficiency, internal inefficiencies have turned it into a hindrance for property developers. Lagos State’s ambitious digital land reform, the Momentum Land Administration Solution, was introduced to streamline land transactions, including the Governor’s Consent process. By digitizing records and eliminating middlemen, the initiative aimed to reduce bottlenecks and promote […]
Rethinking Recovery of Possession in Lagos Tenancy Law
Toward a Fair and Efficient Balance Between Landlords and Tenants The process of recovering possession of premises in Lagos is fraught with delays, largely because tenants often evade service of statutory notices, especially the “Notice to Quit” and the “Seven Days’ Owner’s Intention to Recover Possession.” Under the Tenancy Law of Lagos State 2011, strict […]