Governor of Lagos State Babajide Sanwo-Olu on Monday signed into law the bill to regulate the practice of estate management in the state.
Governor Sanwo-Olu said the law to regulate the real estate transactions in Lagos State is to protect the rights of the citizens.
Sanwoolu
He assured Lagosians who had fallen victims of the pranks by quack estate agents that this is the law they had waited for.
“It is really around ease of doing business and ensuring that we can continue to attract private sector investments into the real estate space. We believe this law would be the very first in the country that has taken a deep dive into what is happening in that space and it further strengthens our intervention in housing through the Ministry of Housing,” Sanwo-Olu was quoted as saying.
Details later…
