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MR. MORUF AKINDERU-FATAI
The Lagos State Real Estate Regulatory Agency (LASRERA) said it has recovered N478.13 million and 18 properties from fraudulent real estate practitioners, returning them to their rightful owners over the past four years.
The Lagos State Government has warned that it would start penalizing house owners found guilty of renting out their apartments at exorbitant fees.
The Lagos State government said it has provided over 3,000 housing units in the state in the last four to five years, with efforts underway to reach 7,000.
Lagos seeks World Bank partnership in access to cheap funds, technology for mass housing development
The appeal by the state government followed increasing migration to Lagos from other states of the federation and some West African countries