The Lagos State Governor, Babajide Sanwo-Olu on Tuesday while commissioning 744 home units at LagosHOMS Sangotedo Housing Scheme Phase I in Eti-Osa East Local Council Development Area (LCDA) of the State, disclosed that, his administration is set to implement the enforcement of a monthly tenancy on property occupancy from next year.
Speaking at the commissioning of the housing project, Governor Sanwo-Olu said the event is a celebration of his administration’s commitment to fulfilling the promise the incumbent government made to Lagosians to reduce the housing deficit in the State by enhancing access to decent and affordable accommodation.
He said, “his government is determined to cater for numerous others who may not have plans or the ability to own homes, but have immediate needs for decent shelter.
He said: “We are at an advanced stage at enacting what we call the Lagos monthly tenancy agreement scheme. It is a scheme we are ready to develop with some of our financial institutions to be able to have a pull of funds where beneficiaries that are current tenants who are living in houses with flats but who are challenged to pay a yearly rent, would be able to approach the scheme and the scheme would help them pay their one year rent to the landlord. This will ensure that they don’t come cap in hand to borrow.
“We will look at the tenant’s salary or income and there will be a repayment plan on a monthly basis based on the scheme. The landlord would be happy because he has met his own scheme and the tenant will also be happy because he or she doesn’t need to rush to an uncle or aunty to meet up with a yearly rent.”
Governor Sanwo-Olu while speaking on his administration’s plan for those who cannot benefit from the Lagos State housing schemes, said the State Government is deepening its activities in the area of land allocation and speeding up the formalisation procedures for land acquisition and proper title.
Governor Sanwo-Olu said there should be orderliness and sanity in the housing sector, promising to tackle the problem of land grabbing and prevent the citizens from obtaining improper title on the land they are buying from various communities.
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