TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Lagos housing crisis amid soaring rents – Guardian

The Editor by The Editor
May 17 2025
in Public Affairs
A A
0
Sanwo-Olu presents N2.2trn 2024 budget to Lagos Assembly
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

The call of late by the Lagos State House of Assembly on the state attorney general to enforce tenancy laws is a notable response to an escalating high rent problem in the state; but it is hardly adequate to redress the issue which has become endemic, and revolves around demand and supply, among other things.

The solution to Lagos housing problems lies in a mixture of making more houses available and religiously enforcing available laws. While the private sector must be given a key role in this regard, government should show more commitment, financially and otherwise in masses-oriented schemes. Such schemes were made possible during the Lateef Jakande administration between 1979 and 1983. And although a lot has changed since then, it is not impossible to replicate something close, if government has the right commitment.

The Lagos Assembly called on the Attorney-General and Commissioner for Justice to enforce the full implementation of tenancy Law of the Laws of Lagos State 2015 as a way to check excessive increment of rent by landlords in the state.

The Assembly noted that incessant increase in rent is intensifying the rate of homeless people in the state. Section (37) of the Tenancy Law of Lagos State 2015, made provision against unreasonable increase in rent by landlords and also provided access to court for tenants seeking the protection of the law against such unreasonable increase in rent.

The truth of the matter is that Lagos State is currently facing a severe housing crisis, with rental prices escalating dramatically over the past few years. Rents have surged by over 100 per cent in the last four years, while household incomes have remained largely stagnant.

This disparity has placed immense financial pressure on residents, particularly young professionals and low-income earners, who are now forced to allocate a significant portion of their earnings to housing costs.​

Several factors contribute to this crisis. Rapid urbanisation and population growth have intensified the demand for housing in Lagos, leading to increased competition for available rental properties.   Additionally, inflation and the rising costs of construction materials have compelled landlords to raise rents to offset their expenses. However, in many cases, these rent hikes occur without corresponding improvements to the properties, further burdening tenants.​.

Housing experts believe that the law does not control rents; rather it lowers investment in housing, and creates conflicts between landlords and tenants. They said the tenancy law as well as the high taxes and charges in processing of certificate of occupancy, consent, building approvals among others are disincentive to investment in housing in Lagos State.

They noted that rent control in the state since the tenure of Brig. Mobolaji Johnson (Rtd) from the 70s has never achieved the desired purpose, as demand is usually higher than supply. They expect the state government to play active role by ensuring adequate housing supply as the performance of government in provision of housing for the low and medium income earners is abysmally low.

In fact, the government’s ineffective housing policies have also significantly contributed to the surge in rents across Lagos. The state has a housing deficit estimated at over three million units. Government efforts to build affordable housing have fallen far short of this need. Without sufficient public housing options, residents are forced to compete for limited private housing, which drives up prices.

Although rent control laws exist, enforcement is weak or nonexistent. This allows landlords to increase rents arbitrarily—sometimes by over 90 per cent—without fear of penalties, especially in high-demand areas.

Many government housing projects are poorly located, far from commercial hubs, or lack adequate infrastructure. As a result, residents prefer centrally located private rentals; further increasing demand—and thus prices—in those areas.

Land allocation and construction approvals are often bogged down by red tape or manipulated by influential interests, discouraging genuine private investment in affordable housing. Most government initiatives focus on homeownership, ignoring the large population of renters. With over 60 per cent of Lagosians renting, the lack of policies aimed at protecting and supporting renters worsens their vulnerability to exploitation.

The lack of reliable roads, water, electricity, and transport in many parts of Lagos means people crowd into the few areas with decent infrastructure. This imbalance inflates rents in those locations while leaving other areas underdeveloped.

In short, the government’s ineffective approach to housing—marked by poor planning, inadequate enforcement, and insufficient investment—has allowed landlords and market forces to dominate unchecked, worsening affordability and living conditions for millions of Lagosians.

In response, the Lagos State government has proposed several initiatives aimed at alleviating the housing crisis. One such measure is the enforcement of a monthly rental policy, intended to replace the traditional annual rent payments. This policy aims to make rent more manageable for tenants by aligning payments with their monthly income streams. Furthermore, the government has expressed intentions to impose limitations on rent increases and amend existing rent control laws to protect tenants from arbitrary hikes.​

While these initiatives are commendable, their success hinges on effective implementation and enforcement. The government must ensure that landlords comply with the new regulations and that tenants are aware of their rights under these laws. Moreover, there is a pressing need for increased investment in affordable housing projects to address the significant housing deficit in the state.​

Collaboration between the government, private sector, and civil society is essential in tackling the housing crisis. By working together, stakeholders can develop sustainable solutions that not only provide immediate relief to those affected but also lay the groundwork for a more equitable and affordable housing market in Lagos.​

The escalating housing crisis in Lagos is a complex issue that requires a multifaceted approach. Through concerted efforts and a commitment to social equity, it is possible to create a housing environment that serves the needs of all residents, regardless of their economic status.​

Share9Tweet6
Previous Post

10 inmates escape New Orleans jail

Next Post

2027: Mbah, PDP and newfound political romance in Enugu

Related Posts

Imo ‘Tiger Base’ atrocities stain democracy – Punch
Public Affairs

Imo ‘Tiger Base’ atrocities stain democracy – Punch

March 13 2026
Young Nigerians need jobs – Punch
Public Affairs

Young Nigerians need jobs – Punch

March 13 2026
Accountability and the states – Thisday
Public Affairs

Accountability and the states – Thisday

March 13 2026
Escaping Nigeria’s looming debt trap – Punch
Public Affairs

Escaping Nigeria’s looming debt trap – Punch

February 20 2026
Tinubu denies Christian, Muslim genocide in Nigeria
Public Affairs

Pay local contractors – Punch

February 4 2026
Drug tests for public office aspirants, a must – Punch
Public Affairs

Drug tests for public office aspirants, a must – Punch

January 9 2026
Next Post
Supreme Court affirms Mbah as Enugu State Governor

2027: Mbah, PDP and newfound political romance in Enugu

Jehovah’s Witnesses hold annual convention series to inspire individuals, communities

Jehovah's Witnesses hold annual convention series to inspire individuals, communities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Chicago Varsity releases Tinubu’s records to Atiku

Nigeria’s poverty rate jumps to 63% after subsidy removal

by The Editor
March 13 2026
0

...

Cross River Assembly sacks LG vice chair over misconduct

Cross River Assembly sacks LG vice chair over misconduct

by The Editor
February 24 2026
0

...

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

by The Editor
February 22 2026
0

...

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

by The Editor
January 20 2026
0

...

APPOINTMENTS

Pres. Tinubu nominates Yuguda as CBN Deputy Governor

Pres. Tinubu nominates Yuguda as CBN Deputy Governor

by The Editor
March 13 2026
0

...

WorldStage announces strategic employments with Bamidele Famoofo joining as Editor

WorldStage announces strategic employments with Bamidele Famoofo joining as Editor

by The Editor
March 13 2026
0

...

Rivers State not for political war, says Fubara

Fubara appoints new Chief of Staff, SSG

by The Editor
February 26 2026
0

...

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

by The Editor
February 24 2026
0

...

ODDITIES

Insults, pressure pushed women into BBL – Nkechi Blessing

Insults, pressure pushed women into BBL – Nkechi Blessing

by The Editor
March 13 2026
0

Nigerian nurse loses licence for sleeping during shift in Australia

Nigerian nurse loses licence for sleeping during shift in Australia

by The Editor
January 24 2026
0

Woman battling cancer seeks second wife for sex-starved husband

Woman battling cancer seeks second wife for sex-starved husband

by The Editor
December 27 2025
0

GLOBAL NEWS

US military refueling aircraft crashes in Iraq

US military refueling aircraft crashes in Iraq

by The Editor
March 13 2026
0

...

Senegal lawmakers back tougher anti-LGBTQ+ law

Senegal lawmakers back tougher anti-LGBTQ+ law

by The Editor
March 13 2026
0

...

Iran’s new supreme leader vows revenge

Iran’s new supreme leader vows revenge

by The Editor
March 13 2026
0

...

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

by The Editor
February 25 2026
0

...

Russian spy agency takes over Wagner operations in Africa

Russian spy agency takes over Wagner operations in Africa

by The Editor
February 21 2026
0

...

State of the States

Lagos launches online system for building permits

Lagos launches online system for building permits

by The Editor
March 13 2026
0

...

Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

by The Editor
February 26 2026
0

...

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

by The Editor
February 21 2026
0

...

Ogun: Royal houses reject candidate for new Olowu

Residents protest as bandits attack Ondo community, abduct couple

by The Editor
February 21 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

Tinubu appoints Fola Adeola to chair new taskforce on petroleum reform

March 13 2026
30 banks meet CBN recapitalisation rules as deadline nears

CBN bars loan defaulters from accessing banking services, new credit

March 13 2026
Dangote Refinery reduces petrol price, second time in six days

Dangote refinery raises petrol price to N1,175/litre as crude spikes

March 13 2026
Trump imposes new 10% global tariff

US offers $10m reward for information on Iran’s Supreme Leader Khamenei, others

March 13 2026

EDITORIAL REVIEW

Imo ‘Tiger Base’ atrocities stain democracy – Punch

Imo ‘Tiger Base’ atrocities stain democracy – Punch

by The Editor
March 13 2026
0

Young Nigerians need jobs – Punch

Young Nigerians need jobs – Punch

by The Editor
March 13 2026
0

Accountability and the states – Thisday

Accountability and the states – Thisday

by The Editor
March 13 2026
0

Escaping Nigeria’s looming debt trap – Punch

Escaping Nigeria’s looming debt trap – Punch

by The Editor
February 20 2026
0

Tinubu denies Christian, Muslim genocide in Nigeria

Pay local contractors – Punch

by The Editor
February 4 2026
0

Opinion

Wanted: Drastic police reform under Tunji Disu

Wanted: Drastic police reform under Tunji Disu

by The Editor
March 13 2026
0

...

SEC explains licence grant to two crypto exchanges in Nigeria

New cryptocurrency tax regime in Nigeria

by The Editor
January 20 2026
0

...

Air Peace pledges free evacuation, medicals for trafficked Nigerian girls in Ivory Coast

No, Nigerian airfares are not the cheapest

by The Editor
December 29 2025
0

...

Tax document fraud: Governance and trust deficit

Tax document fraud: Governance and trust deficit

by The Editor
December 22 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.