LSG To Crackdown Unregistered Real Estate Agents

Date:

May 13, 3024.

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Azonuchechi Chukwu.

The Lagos State Government has warned unregistered individuals and organisations to desist from engaging in real estate activities in the state or face legal consequences for non-compliance with the Lagos State Real Estate Regulatory Authority registration requirements.

Lagos State Commissioner for Housing, Moruf Akinderu-Fatai, who gave the warning recently at the 2024 Ministerial Press Briefing to commemorate the first year of Governor Babajide Sanwo-Olu’s second term in office, said the warning became imperative to instil sanity and ensure fraud-free real estate business in the state.

He advised residents of the state to be mindful of real estate agents they do business with so as not to fall victim to fake and dubious estate agents.

“It is also important to request that we spread the warning across every platform that it is an offence for an individual and organisation to engage in real estate business in Lagos State without being registered with LASRERA. Let us act responsibly and follow the path of the law.

“I want to seize this opportunity to raise awareness on the need for residents not to fall victim to fake and dubious Estate agents and to patronise the registered real estate individuals, and organisations,” he declared.(www.naija247news.com).


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Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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