Governor Babajide Sanwo-Olu has said that the proposed Lagos Tenancy Bill is aimed at promoting fairness between landlords and tenants while reducing conflicts in the state’s housing sector.
Speaking on Wednesday during the inauguration of the Sunny Ajose Housing Estate in Ajara, Badagry, the governor explained that the bill, currently before the Lagos State House of Assembly, seeks to establish a transparent and equitable rental system for residents.
Sanwo-Olu noted that the new legislation, jointly developed by the executive and the legislature, is designed to modernise tenancy laws, strengthen rental agreements, and prevent arbitrary evictions or exploitation.

“Everyone aspires to be a landlord, but tenants must also be able to live decently and pay rent without undue pressure,” the governor said. “The bill promotes a partnership where landlords can earn fairly, and tenants are treated justly.”
He added that the state’s ongoing housing initiatives — including the Rent-to-Own and Rent-to-Live schemes — have already helped many Lagos residents transition into home ownership. The proposed law, he said, will provide a clearer legal framework to support sustainable housing delivery.
Sanwo-Olu reaffirmed his administration’s commitment to making housing in Lagos more affordable and accessible, aligning with President Bola Tinubu’s Renewed Hope Agenda.
He also pledged continued collaboration with the private sector and local communities to deliver inclusive, modern housing projects across the state.
“The tenancy bill represents a balanced approach — one that allows government, landlords, and tenants to thrive together,” Sanwo-Olu stated.
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate