Lagos Assembly set to pass bill to regulate real estate operations Lagos Assembly set to pass bill to regulate real estate operations
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The Lagos State House of Assembly is set to pass a new bill that will regulate real estate operations in the state.
The bill entitled: “Lagos Stats Real Estate Regulatory Authority” went through public hearing on Thursday at the Assembly pavilion.
Chairman of the Committee on Housing, Honourable Bisi Yusuff, said during the event that the bill was meant to check the excesses of operators in the real estate industry and reduce quackery in the sector.
The Speaker of the House, Honourable Mudashiru Obasa, represented by the Deputy Speaker, Honourable Wasiu Eshinlokun-Sanni, said that public hearing is part of the practise of the House before any bill is passed into law.