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

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.​

Previous Post

10 inmates escape New Orleans jail

Next Post

2027: Mbah, PDP and newfound political romance in Enugu

Related Posts

EFCC recoveries: The good, the bad and the ugly – Punch
Public Affairs

EFCC recoveries: The good, the bad and the ugly – Punch

September 11 2026
Football’s house of failure – Punch
Public Affairs

Football’s house of failure – Punch

September 8 2026
FAAC shares N2.09tr to FG, states, local councils as October revenue
Public Affairs

FAAC bonanza: Nigeria’s fiscal paradox – Punch

September 3 2026
Interstate highways of agony, hollow excuses – Punch
Public Affairs

Interstate highways of agony, hollow excuses – Punch

September 1 2026
Mass presence of governors in off-cycle elections – Punch
Public Affairs

Mass presence of governors in off-cycle elections – Punch

August 27 2026
Clerics must preach peace, not division – Punch
Public Affairs

Clerics must preach peace, not division – Punch

August 25 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

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

by The Editor
August 24 2026
0

...

APPOINTMENTS

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

ODDITIES

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

Umahi files N2.5b defamation lawsuit against bloggers

Umahi files N2.5b defamation lawsuit against bloggers

by The Editor
August 26 2026
0

GLOBAL NEWS

US, Israel, Iran agree to 2-week ceasefire as Trump pulls back on threats

US Appeal Court affirms block on Trump bid to curb mail-in ballots

by The Editor
September 11 2026
0

...

Trump promises Americans $5,000 if Republicans win Congress

Trump promises Americans $5,000 if Republicans win Congress

by The Editor
September 11 2026
0

...

UK bans trade in goods from Israeli settlements in occupied West Bank

UK bans trade in goods from Israeli settlements in occupied West Bank

by The Editor
September 8 2026
0

...

Iran President thanks Putin for Russia’s stance in war with US

Iran President thanks Putin for Russia’s stance in war with US

by The Editor
September 1 2026
0

...

Saudi Arabia halts multiple visas for Nigeria, 13 others as U.S. suspends visa dropbox

US outlines two family visa options for permanent residence

by The Editor
September 1 2026
0

...

State of the States

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Enugu govt gets commendation for successful hosting of 2nd City Marathon

Enugu govt gets commendation for successful hosting of 2nd City Marathon

by The Editor
September 1 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

September 11 2026
NCDC takes over Nasarawa office, plans N400m remodeling

NCDC takes over Nasarawa office, plans N400m remodeling

September 11 2026
Ondo LG shuts schools over security concerns

24 die after consuming herbal drinks in Ondo

September 11 2026
Gunmen kill Polaris Bank manager in Imo kidnapping attack

Gunmen kill Polaris Bank manager in Imo kidnapping attack

September 11 2026

EDITORIAL REVIEW

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Mass presence of governors in off-cycle elections – Punch

Mass presence of governors in off-cycle elections – Punch

by The Editor
August 27 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
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.