Sanwo-Olu signs bills to regulate real estate, others

Lagos State Governor Babajide Sanwo-Olu Monday assented to three bills during the weekly State Executive Council meeting at Lagos House, Ikeja.

The bills included the law regulating real estate transactions and the law to provide for the registration of Cooperative Societies in Lagos State.

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It also included the law to regulate ownership, licensing and sales of pets and to prohibit and restrict people from having in custody dangerous animals in public places.

Sanwo-Olu said the new bills would strengthen government and citizens’ engagement and relationships.

The governor said the law to regulate real estate transactions would protect unsuspecting Lagosians from falling prey to dubious real estate professionals.

“We believe this law will be the very first in the country that has taken a deep dive into what is happening in that space, and it further strengthens our intervention in housing through the Ministry of Housing,” he said.

“The new bills assented to will strengthen government and citizens’ engagement and relationships as well as allow residents of the state to continue to live in an atmosphere where the rule of law is enshrined for the people,” the governor added.