Lagos Moves to Reform Tenancy Law to Ease Rental Tensions and Stabilize Housing Market

Oluwafisayo Olaoye
3 Min Read

A new legislation aimed at redefining tenancy agreements and regulating landlord-tenant relationships in Lagos State is nearing completion, offering fresh hope for millions of renters and investors in Nigeria’s busiest real estate market.

The Lagos Tenancy Bill, which recently scaled second reading at the Lagos State House of Assembly, seeks to establish clearer rights, responsibilities, and procedures governing rental agreements, eviction processes, and tenancy obligations. Once it passes a third reading, the bill will proceed to the governor’s desk for assent, paving the way for a new legal framework in housing management across the state.

Titled “A Bill for a Law to Regulate the Relationship Between Landlords and Tenants in Lagos State,” the proposed law aims to promote transparency, fairness, and accountability in the rental market—an area long characterized by disputes, rent hikes, and unstable agreements.

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With more than 70% of Lagos’ over 20 million residents living in rented accommodation, the city is widely regarded as one of Africa’s most active rental markets. However, this high demand has often translated into exploitative practices, with tenants facing frequent rent increases and limited protection under existing laws.

Lawmakers backing the bill say it responds to growing concerns over the cost of housing and the friction it causes. Sa’ad Olumoh, who represents Ajeromi-Ifelodun Constituency I, noted that the legislation is a timely response to the imbalance in the rental ecosystem. “We expect this bill to promote harmony by introducing flexible rent structures, such as monthly and annual options, as well as standardized eviction protocols,” he said during the House deliberation.

Among the key features of the bill are clearer terms of tenancy agreements, delineated roles for landlords and agents, and streamlined procedures for resolving disputes and recovering premises. Lawmakers believe the reform will create a more stable and investor-friendly property market.

As the bill advances, residents and property stakeholders alike are watching closely, hopeful that the final version of the law will provide much-needed clarity, reduce tension, and ensure greater equity in Lagos’ housing sector.

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