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ARTICLE · 24 APRIL 2024

Real Estate - Regulatory Update

Banwo & Ighodalo
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The Lagos State Urban and Regional Planning and Development Law, 2019 (the "Law") and the regulations made thereunder, prohibit the commencement of construction works...

NigeriaReal Estate and Construction
Olumide Osundolire
Olumide Osundolire
Olamide Oshikoya
Olamide Oshikoya
Charles Akindileni
Charles Akindileni
Kelvin Isibor
Kelvin Isibor

LAGOS STATE GOVERNMENT GRANTS A NINETY (90)-DAY AMNESTY PERIOD FOR PROPERTY OWNERS AND DEVELOPERS WITHOUT PLANNING PERMITS TO OBTAIN THE REQUISITE PERMITS

Background

The Lagos State Urban and Regional Planning and Development Law, 2019 (the “Law”) and the regulations made thereunder, prohibit the commencement of construction works within the State without obtaining a Planning Permit from the Lagos State Physical Planning Permit Authority (the “Authority”). Any building constructed without a Planning Permit shall be deemed an illegal structure, and liable to demolition, unless the developer is willing to regularize (assuming that the building is structurally sound and not defective/distressed) by obtaining the requisite Planning Permit and payment of the prescribed fees and the appropriate penalty.

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