latest posts

Contact Info

Contact information that feels like a warm, friendly smile.

Phone:123-456-789
Fax:123-456-789
Website:Bingo Theme

Find us on Facebook

Contact Info

Grand avant creve lilas il du se monde. Voie oui ton murs pere.

Phone:123-456-789
Fax:123-456-789
Latest News

Governor Sanwo-Olu calls for monthly payment of house rent in Lagos

52views

Governor Babajide Sanwo-Olu has called on stakeholders in real estate, to work out modalities that will enable residents of Lagos state pay house rent on a monthly basis instead of annually.

The Governor made this call during the Policy Roundtable Dialogue with key stakeholders in the Real Estate Sector in Lekki on Thursday, September 24.

Governor Sanwo Olu calls for monthly payment of

house rent in Lagos
Governor Sanwo-Olu said a situation where residents face pressure once their rents were due was not palatable, adding that the housing deficit in Lagos State was huge and urged private practitioners to play by the rules.

His words: ”The real estate can contribute 20 to 25 per cent to the GDP. We need to have clear data where landlords would no longer be demanding one year rent ahead.

”Landlords should see how they can reduce yearly rent to monthly. The housing deficit in Lagos is huge and unacceptable, but government cannot do it alone,” Sanwo-Olu said.

The roundtable was organised by the Lagos State Real Estate Regulatory Authority (LASRERA).

Leave a Response