Lagos Vows To Enforce Monthly Rental Policy

Babajide Sanwo-Olu, Lagos State Governor 

The Lagos government will implement a monthly rental policy and charge rent based on the income of the tenants.

The state government of Lagos has declared that it will impose monthly rent obligations.

As stated him, “We all see what is being done in other climes, rents are collected monthly. Hence, we are looking and hoping that before the end of the year, or by early next year, we will be able to implement the policy of monthly rental. Also, the rental would be charged according to tenants earnings.

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“The good part about it is that we would be test-running it first within the public sector since we can ascertain how much everybody is earning. and once we see that it works in the public sector, we can now push it out to the private sector.”