23rd December 2025
The Lagos State Tenancy Bill 2025: Essential Insights for Commercial Landlords
The Lagos State Government has proposed a far-reaching overhaul of its tenancy regime through the Tenancy and Recovery of Premises Bill 2025, with significant implications for commercial landlords, institutional property owners, and large-scale developments.
The Bill extends tenancy regulation statewide, tightens advance rent limits, brings estate agents under stricter regulatory control, introduces clearer service-charge governance, and streamlines recovery procedures, signalling a shift towards greater procedural certainty and enforcement discipline.
In this publication, TEMPLARS Partner, Sadiq Ilegieuno, and Associate, Olanrewaju Awe, interrogate whether the Bill delivers meaningful reform or largely repackages the existing framework. They assess the commercial impact of the proposed measures, highlight enforcement and compliance gaps, and analyse how the Bill may reshape lease structuring, recovery timelines, and risk allocation across Lagos’s rental market.
Related posts
15 December 2025
Nigeria Commences Enforcement Under Anti Money Laundering Act: Here Are Your Compliance Options
Compliance failures under Nigeria’s Anti Money Laundering Act are now a frontline enforcement issue, with the Economic and Financial Crimes Commission prosecuting businesses and executives for structural lapses alone.
28 October 2025
Nigeria Exits FATF Grey List: Stronger Compliance, Stronger Markets
On 24 October 2025, the Financial Action Task Force (FATF) announced Nigeria’s removal from its Grey List, marking the end of two years of enhanced monitoring for deficiencies in anti-money laundering (AML) and counter-terrorism financing frameworks.
13 October 2025