Lagos Cracks Down on Exploitative Landlords Over Unjust Rent Hikes

By: Manoah Kikekon 

Babajide Sanwo-Olu

The Lagos State Government has issued a stern warning to landlords and property agents engaging in exploitative rent increases, vowing to take decisive action to protect tenants from unfair practices.  

In a recent interview on TVC’s “Your View,” Barakat Bakare, Special Adviser to the Lagos State Real Estate Regulatory Authority (LASRERA), declared that the government will no longer tolerate the exploitation of residents through unjustifiable rent hikes.  

 

Bakare emphasized that the state is reviewing its tenancy laws to include critical provisions, such as regulations on caution fees, which are currently absent.  

“We will not fold our arms and watch landlords and agents take advantage of residents,” she stated. “The Lagos State Government is committed to ensuring fairness in the housing sector.”

The existing tenancy law is undergoing revisions to address gaps and introduce stronger tenant protections. Bakare urged residents facing violations to report such cases to LASRERA through official channels, either in person or online.  

She also clarified the roles of real estate agents and lawyers, noting that legal practitioners have limited involvement in rental transactions—a distinction many tenants and landlords misunderstand.  

Reiterating Governor Babajide Sanwo-Olu’s dedication to solving Lagos’ housing challenges, Bakare revealed ongoing discussions with landlords, property associations, and developers to curb excessive housing costs.  

“The government is engaging stakeholders to ensure collaboration and affordability,” she said. “We are also ensuring that state-owned housing allocations follow transparent and fair criteria.”

 

Bakare advised Lagosians to always check LASRERA’s database before engaging any agent or developer to avoid fraud. She also called on all real estate practitioners to register with the agency to operate legally within the state.  

“Due diligence is key,” she warned. “Always confirm registration status before making any payments.”

With rising housing costs straining residents, Lagos State’s crackdown on exploitative landlords signals a push for stricter regulation. As the tenancy law review progresses, tenants hope for stronger legal safeguards against arbitrary rent increases.  

For now, the government’s message is clear: exploitative practices will no longer go unchecked.  

Jide Ajia is a seasoned journalist with over 12 years of experience covering business and real estate developments in Nigeria.