Lagos rent crisis: CAN demands urgent govt intervention

2 weeks ago 39

The Citizens Action Network, CAN, has called connected the Lagos State Government to urgently code the escalating outgo of accommodation crossed the state, informing that rising rents are placing an unsustainable load connected workers and low-income households.

The group, successful a connection issued on Thursday, August 27, 2026, by its Convener, Ade-Adewunmi Adeoye, described the existent rental concern arsenic exploitative and urged the authorities to present measures susceptible of making lodging much accessible to residents.

CAN said the crisp summation successful rents had pushed decent accommodation beyond the scope of galore Lagos residents, peculiarly those earning debased and fixed incomes.

According to the group, tenants successful respective parts of the authorities present wage arsenic overmuch arsenic N2.5 cardinal annually for a two-bedroom apartment, portion a self-contained country tin pull yearly rent of up to N700,000.

“This is not conscionable high; it is criminal,” CAN said, expressing interest implicit however specified rental costs could beryllium sustained by workers earning the N70,000 minimum wage.

The radical illustrated the disparity by comparing yearly net with prevailing r...

Read Entire Article