The Lagos State Government has taken a significant step towards addressing the issue of illegal estates in the state by issuing a 3-week ultimatum to 176 estates that have been operating without proper documentation. This move is aimed at ensuring that all estates in the state are properly registered and comply with the relevant laws and regulations. The government has warned that failure to comply with the deadline will result in severe penalties, including demolition of the affected estates. The affected estates have been identified as those that have not obtained the necessary approvals and permits from the relevant authorities. The government has emphasized that the regularization of these estates is crucial to ensuring that they meet the minimum standards of safety, security, and environmental sustainability. The 3-week deadline is seen as a generous offer by the government, given the fact that many of these estates have been operating illegally for years. The government has also warned that it will not tolerate any further illegal developments in the state, and that all stakeholders must comply with the relevant laws and regulations. The move is expected to have a significant impact on the real estate sector in Lagos, as it will help to restore confidence in the market and ensure that all developments are carried out in a safe and sustainable manner. The government has also announced that it will be working closely with the relevant stakeholders, including developers, investors, and residents, to ensure that the regularization process is smooth and successful. The regularization of the estates is also expected to generate significant revenue for the government, as the affected estates will be required to pay all outstanding fees and levies. The government has emphasized that the move is not intended to punish the affected estates, but rather to ensure that they comply with the relevant laws and regulations. The 3-week deadline is seen as a wake-up call for all stakeholders in the real estate sector, and it is expected that it will help to promote a culture of compliance and transparency in the industry. The government has also warned that it will be monitoring the situation closely, and that any estate that fails to comply with the deadline will be dealt with accordingly. The move is seen as a significant step towards addressing the issue of illegal developments in Lagos, and it is expected to have a positive impact on the state’s economy and environment. The government has also announced that it will be providing support and guidance to the affected estates, to help them navigate the regularization process. The regularization of the estates is also expected to help to reduce the risk of building collapses and other safety hazards, as all developments will be required to meet the minimum standards of safety and security. The government has emphasized that the move is part of its efforts to promote a safe and sustainable environment in Lagos, and that it will continue to work tirelessly to ensure that all stakeholders comply with the relevant laws and regulations. The 3-week deadline is seen as a significant milestone in the government’s efforts to address the issue of illegal developments in Lagos, and it is expected to have a lasting impact on the state’s real estate sector. The government has also warned that it will not hesitate to take action against any estate that fails to comply with the deadline, and that it will continue to monitor the situation closely. The move is seen as a positive step towards promoting transparency and accountability in the real estate sector, and it is expected to help to restore confidence in the market. The government has emphasized that the regularization of the estates is crucial to ensuring that all developments in Lagos are safe, secure, and environmentally sustainable. The 3-week deadline is seen as a generous offer by the government, given the fact that many of these estates have been operating illegally for years. The government has also announced that it will be working closely with the relevant stakeholders to ensure that the regularization process is smooth and successful.