•Taiwo Oyedele The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that land, buildings and rent are now fully exempted from Value Added Tax (VAT) under the Nigeria Tax Act 2025. Oyedele explained that the new law, which has already commenced, was designed to reduce the cost of housing, […]...
•Britain’s homelessness minister, Rushanara Ali, Britain’s homelessness minister, Rushanara Ali, reportedly raised the rent on a property she owns in East London by £700 a month, shortly after the previous tenants moved out. According to the i Paper, four tenants were notified by email last November that their lease would not be renewed. They ...
•Home under Lagos bridge The yet-to-be-identified ‘landlord’ of Iddo Under Bridge, Lagos Mainland, Lagos State makes not less than N32,200,000 yearly for rent from the occupiers. On Sunday, May 25, 2025, the federal government (FG) through the Federal Ministry of Works ordered that structures under the bridge be demolished, citing safety conce...
•Ogba Housing Estate in Lagos Unprofessional practices by estate agents in major cities are significantly influencing the spike in rent and worsening the housing crisis across the country. Experts blame the lack of oversight and call for reforms such as agent licensing, standardised fees and tenant protection measures to curb the growing illeg...
•Governor Sanwo-Olu Lagos State governor, Babajide Sanwo-Olu yesterday appealed to landlords not to increase rent following the inauguration of a newly rehabilitated road network. The roads include Agidi Road and Church Street in Agboyi/Ketu Local Council Development Area (LCDA), and Demurin Road in Kosofe Local Government Area, reports The Na...
•Muhammadu Buhari Former President Muhammadu Buhari has revealed that he sustains himself financially through rental income from one of his two properties in Kaduna State, highlighting the importance of transparency and accountability in public office. Speaking at an All Progressives Congress caucus meeting on January 25 at the Presidential Ba...
•Governor Sanwo-Olu Governor of Lagos, Babajide Sanwo-olu, has urged landlords and land owners in Ifako-Ijaye Local Government Area not to increase house rent and land prices following the inauguration of newly constructed Abiola – Onijemo link bridge. The governor gave the advice today in Lagos during the unveiling of the link road with bridg...
•The discovered illegal apartments under Lagos bridge The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, has said the government discovered 86 apartments under the Dolphin Estate Bridge, Ikoyi, where tenants pay N250,000 annual rent. Posting videos on his X account yesterday, Wahab said the 86 partitioned r...
A fashion designer, Mrs Joy Egbo, has dragged her husband, Obi, before a Customary Court sitting in Jikwoyi, Abuja, Federal Capital Territory (FCT), accusing him of domestic violence. The petitioner who resides in Jikwoyi, made the accusation in a divorce petition she filed against her husband in court. “My husband always beats and abuses me [...
•Governor Sanwo-Olu The Lagos State Government has made it known that it will enforce monthly rental payments. In a recent press briefing, Barakat Odunuga-Bakare, the Special Adviser to the Lagos State Governor on Housing, shared exciting news about the upcoming monthly rental system. Set to be implemented by the end of 2024 or early next [&he...

