Lagos Assembly Seeks to Cut Rent Agency Fee to 5%, Criminalise Excess Charges

[The Trent - Nigeria] - 14/08/2025
LAGOS, Nigeria — A proposed bill before the Lagos State House of Assembly will reduce agency fees on annual rent from 10 percent to five percent and make it a criminal offence to charge above that threshold. Speaker Mudashiru Obasa, represented by lawmaker Stephen Ogundipe, disclosed this on (…)
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