Report Agents and Landlords Making Life Hard With Agreements and Commissions Higher Than 10 Percent - Lagos Govt Tells Residents
By: Israel Adeleke
OPEN TELEVISION NAIJA (OTN) News reports that in a move to address the issue of Lagosians suffering a housing deficit, the Lagos State Government has once more cautioned against the collection of tenancy agreement fees beyond the stipulated 10 per cent and has asked residents to report such abnormality to the authorities.
OTN News further reports that the Special Adviser to the Governor of Lagos State on Housing, Barakat Odunuga-Bakare, who disclosed this in a statement issued by the Lagos State Government at the 2025 Ministerial Press Briefing held at the Bagauda Kaltho Press Centre in Alausa, Ikeja, warned against violation of the state’s tenancy law, which caps tenancy agreement fees at 10 per cent.
According to her, “We have been overwhelmed by reports of the activities of these unscrupulous elements making life hard for Lagosians with agreements and commissions that are like asking for an arm and a leg.
“We are calling on members of the public not to keep silent but to report such agents and landlords to us, for the government cannot be everywhere, every time.” she added.
Furthermore, Odunuga-Bakare who reiterated and reminded all stakeholders within the state that the stipulated maximum remains 10% of the annual rent, added that stakeholders and the government have met to address the situation.
She said, “We have met with associations of real estate agents, and they have assured us that the people who are engaging in such practices are not registered agents that identify with their associations."
She, however, warned those involved in the unauthorized practice to desist from such moves, assuring that the state government will not stop fighting these life harder beings.
OTN News recalls that earlier, the Lagos Commissioner for Housing, Moruf Akinderu-Fatai, said that 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.
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