The Lagos State Government in Southwest Nigeria has cautioned against the collection of tenancy agreement fees beyond the stipulated 10 per cent
The government has therefore asked residents to report such abnormality to the authorities.
At the 2025 Ministerial held in Alausa, Ikeja, the Special Adviser to the Governor of Lagos State on Housing, Barakat Odunuga-Bakare, warned against violation of the state’s tenancy law, which caps tenancy agreement fees at 10 per cent.
She reiterated Lagos State Government’s stance against the imposition of excessive tenancy agreement fees, reminding stakeholders within the state that the stipulated maximum remains 10% of the annual rent.
Earlier, the Lagos Commissioner for Housing, Moruf Akinderu-Fatai, said the state is mulling monthly and quarterly rent options for residents of the state.
Akinderu-Fatai said many Lagos State residents are battling to pay annual rents.
He believes monthly and quarterly rent payments would provide relief to them.
