We Will Ensure Tenants Pay Monthly From 2022, Governor Sanwo-Olu Says

We Will Ensure Tenants Pay Monthly From 2022, Governor Sanwo-Olu Says

  • Governor Sanwo-Olu has taken steps to ease the burdens of accommodation on citizens in the state by introducing a new scheme
  • This scheme according to the government, would assist low-income earners in the payment of their rents
  • Meanwhile, one of the benefits of the scheme is the monthly payment of rents by tenants and would be effective from 2022

Lagos state- Governor Babajide Sanwo-Olu of Lagos state, on Tuesday, December 14, said his administration is set to enforce a monthly tenancy on property occupancy from 2022 to alleviate annual financial pressure on tenants.

The Punch reports that Sanwo-Olu made this disclosure during the inauguration of 744 units Lagos Home Ownership Mortgage Scheme (Phase one) in Sangotedo.

We Will Ensure Tenants Pay Monthly From 2022, Governor Sanwo-Olu says
Governor Sanwo-Olu made this move so as to reduce financial burden on tenants in the state. Photo credit: Babajide Sanwo-Olu
Source: Facebook

He said:

“While building homes for those with home ownership dreams, we are also determined to cater for numerous others who may not have plans to own homes but have immediate needs for decent shelter.

Read also

e-Passport: Federal government announces new payment method for passport application

PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app

“The monthly tenancy is a pro-people plan to reduce financial pressure of yearly rent on tenants. The goal of this policy is to equate rental arrangements with mode of earning which is by and large monthly.”

The governor added that a legislative review was ongoing to reduce rent default.

He added:

“We have talked through this policy and an agreement has been reached by representatives of tenants, financiers and the state government. This however should not be a cause of discontent or alarm for landlords or real estate agencies. Adequate legislative review is being done to ensure that rental default is reduced to the barest minimum."

The Commissioner for Housing, Moruf Akinderu-Fatai, said, “Within the past 26 months, in line with its pledge and mandate, the state government has delivered 14 housing schemes in various parts of the state.”

Read also

FG issues travel advice over festive period as Lagos vows clampdown

Bye-bye to owanbe as Lagos Govt says only those with COVID-19 vaccination cards can attend party

Meanwhile, Legit.ng had earlier reported that the Lagos state governments got tougher with the enforcement of their directives on compulsory COVID-19 vaccination.

According to the Babajide Sanwo Olu-led government, all attendees of social events in the state must present their vaccination cards.

Recall that the Presidential Steering Committee on COVID-19 led by the secretary to the Government of the Federation, Boss Mustapha, had in October said civil servants without proof of vaccination and negative coronavirus tests would not be allowed to enter their offices as from December 1.

Source: Legit.ng

Online view pixel