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New Rent Rules Incoming? Lagos Assembly Moves to Reshape Landlord-Tenant Law

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The Lagos State House of Assembly has taken a significant step toward strengthening landlord-tenant relations as it passed the Tenancy Bill through its second reading on Thursday.....KINDLY READ THE FULL STORY HERE▶

Presiding over the plenary, Speaker Mudashiru Obasa explained that the bill seeks to modernise and clarify the legal framework governing tenancy agreements, rights, obligations, and eviction protocols across Lagos State.

According to the News Agency of Nigeria (NAN), the proposed legislation is titled: “A Bill for a Law to Regulate the Relationship between Landlords and Tenants in Lagos State.”

Obasa noted that the bill outlines procedures for lawful recovery of premises and associated matters, aiming to ensure all parties—landlords, tenants, and agents—have a clear understanding of their responsibilities and entitlements.

He urged lawmakers to consider the financial realities of many tenants who rely on annual leave bonuses or end-of-year incentives to meet rent obligations, while also acknowledging the rising costs of construction materials which impact landlords’ ability to maintain properties.

Obasa further stressed the need for government accountability in delivering its housing commitments and ensuring equitable access to affordable homes.

Following the debate, the Speaker referred the bill to the House Committee on Housing for in-depth review, with a directive to report back within three weeks.

Lending his voice to the discussion, Mr. Sa’ad Olumoh (Ajeromi-Ifelodun I) described the legislation as vital for restoring order to tenancy matters. He said the bill offers much-needed clarity on rent modalities—whether monthly or annually—as well as on eviction procedures.

Olumoh added that by formally defining the roles of landlords, tenants, and agents, the bill will help reduce misunderstandings and enable more efficient dispute resolution.

Also backing the bill, Mr. Aro Moshood (Ikorodu II) described it as timely and people-focused. He recommended the creation of an enforcement agency to monitor landlords who charge arbitrary rents beyond legal thresholds, noting that such a provision would ease financial pressure on tenants and promote better planning.

Mr. Stephen Ogundipe (Oshodi-Isolo I) praised the bill’s comprehensive scope, which addresses agent behavior, rent agreements, and dispute mediation mechanisms.

On his part, Mr. Femi Saheed (Kosofe II) hailed the legislation as a progressive initiative. He noted that it acknowledges landlords’ rights regarding levies such as tenement rates and land use charges, while also affirming tenants’ protections and the judiciary’s role in tenancy matters.

“This is a long-overdue reform that will transform housing relationships across Lagos,” Saheed said.

Mr. Ajayi Oladele (Ibeju-Lekki II) added that the bill would help curb conflicts often exacerbated by estate agents, saying it will provide clear legal guidance for all parties.

Ms. Omolara Olumegbon (Lagos-Island I) also commended the bill, saying it promotes fairness by addressing payment timelines—monthly or yearly—and how these relate to eviction notices and rights.

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How I Deposited Billions In Cash For Emefiele, Witness Reveals

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In the ongoing ₦7.8 billion fraud trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, a prosecution witness has provided testimony regarding massive cash deposits made on his behalf.....KINDLY READ THE FULL STORY HERE▶

Key points from the testimony of the third prosecution witness, Richard Agulu, a former Zenith Bank employee, include:

  • Cash Deposits: Agulu testified that he deposited billions of naira in cash on behalf of the former CBN chief, with the funds delivered to him by Emefiele’s former personal assistant, Eric Ocheme.

  • Account Handling: According to the witness, the money was either deposited into accounts for Kelvito Integrated Services and Ifeabigo Integrated Services or placed in the bank’s vault, following instructions allegedly relayed through Ocheme.

  • Banking Procedures: Despite the large sums, Agulu maintained that he followed standard banking procedures, noting that some clients were granted verbal waivers by senior officials to deposit large amounts of cash.

  • Refusal to Name Officials: When asked to identify the senior bank officials who provided these verbal waivers, Agulu declined to provide names to avoid getting anyone in trouble.

  • Additional Transactions: Agulu also testified that he supervised a transfer of ₦1.6 billion to MG Properties Limited.

The Economic and Financial Crimes Commission (EFCC) is prosecuting Emefiele on eight counts, including criminal breach of trust, conspiracy, forgery, and unlawful possession of properties allegedly linked to proceeds of crime; Emefiele has entered a plea of not guilty. Eric Ocheme, who was named in the charges, is reported to be at large. Justice Yusuf Halilu has adjourned the trial for continuation on November 3, 4, and 5, 2026.

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“From Political Firebrand To Top Diplomat: Fani-Kayode’s Strategic Southern African Move!”

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Former Minister of Aviation, Chief Femi Fani-Kayode, has officially received his Letters of Credence for his role as Nigeria’s High Commissioner to South Africa, Lesotho, and Eswatini. Fani-Kayode announced the news on Tuesday, noting that the appointment followed the approval of the required agrément.....KINDLY READ THE FULL STORY HERE▶

The Letters of Credence were presented to him on behalf of President Bola Tinubu by the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye. Fani-Kayode stated that he is preparing to report to Pretoria to present his letters to South African President Cyril Ramaphosa and begin his diplomatic duties. Reflecting on his appointment, the former minister—who served in the aviation sector two decades ago—expressed his gratitude to President Tinubu for the trust placed in him and requested prayers for his success in this new role.

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“I’ll Kill For Her!” Kunle Fawole Drops Shocking Bombshell About Ex-Flame Yvonne Jegede!.

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Nollywood actor Kunle Abounce Fawole recently opened up about his relationship with his ex-wife, Yvonne Jegede, in an interview with Chude Jideonwu. While confirming that he no longer holds romantic feelings for her, Fawole emphasized that he maintains a deep sense of responsibility and respect for her as the mother of his son. He expressed a desire to avoid enmity, noting that he would never turn his back on someone he once cared for, and firmly declared his willingness to protect her from harm at all costs.....KINDLY READ THE FULL STORY HERE▶

In a candid conversation with Chude Jideonwu, Kunle Abounce Fawole reflected on his past marriage to Yvonne Jegede. When asked about his current feelings, the actor clarified that while the romantic spark is gone, his protective instincts remain strong. Fawole shared that he prefers to take the blame for past relationship struggles to avoid bitterness, stating that he refuses to harbor grudges. Ultimately, he underscored his commitment to her safety, asserting that he would go to extreme lengths—even potentially resorting to violence—to defend the mother of his child.

Option 3: Short & Punchy

Kunle Abounce Fawole has made it clear that while his romantic chapter with ex-wife Yvonne Jegede is closed, his dedication to her protection is unwavering. During a recent interview, the actor revealed he has no room for bitterness toward past partners. Though he no longer loves her romantically, he stressed that his status as the father of her son drives him to act as her fiercest defender, even going so far as to say he would “kill” for her if she were ever threatened.

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