Despite the city’s rapid population growth, the number of rental households in Lagos has remained unchanged at 1.38 million between 2016 and 2025, even as the city added 750,000 new households within the same period. This revelation, contained in The State of Lagos Housing Market Vol. 3 Report, underscores the widening housing crisis in Africa’s […]
The Lagos State Government has reiterated that the Lagos State Internal Revenue Service makes the best judgment on issues of taxation. The Special Adviser to the Governor on Tax and Revenue, Abdulkabir Ogungbo, hinted at this following TikTok influencer Habeeb Hamzat aka Peller’s lamentation over a purported N36m tax bill, which he claimed he got […]
Mudashiru Obasa, speaker of the Lagos house of assembly, says the proposed bill to regulate the relationship between landlords and tenants will reduce the agency fee or commission on annual rent from 10 to five percent if passed into law. Obasa spoke on Wednesday during a one-day public hearing on the bill. Represented by Stephen […]
The Lagos State Government has rolled out the pilot phase of its “Identifier” project. This is a digital house numbering and addressing system designed to modernise land administration, curb fraudulent property dealings, and strengthen emergency and utility services. Governor Babajide Sanwo-Olu unveiled the initiative on Tuesday at the Nigeria Land Titling, Registration and Documentation Programme […]
The Lagos State Government has issued a fresh warning to residents in parts of Lekki, Ikorodu and Ajegunle areas of the state to relocate from lowlands to highlands to avoid being victims of flooding. “Those around the Ajilete axis of Lagos, that’s Ajegunle, they have to move. Those around the coastline of Ikorodu; Majidu, have […]
The Lagos State Government has declared the development of 176 estates in Eti-Osa, Ajah, Ibeju-Lekki, and other parts of the state illegal for failing to obtain mandatory layout approvals. The Ministry of Physical Planning and Urban Development disclosed this in a statement on Monday. According to the statement, the government issued developers a 21-day ultimatum […]
In a city where the majority live below the poverty line, the dream of secure and affordable housing is slipping further out of reach. A new report, “State of Lagos Housing Market, Volume 3,” paints a grim picture: stagnant wages, speculative land pricing, and the absence of affordable housing policy have created a full-blown housing […]
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