NEWS
Lagos Cracks Down on Roadside Waste Dumping, Enlists Transport Unions for Enforcement
The Lagos State Government has intensified efforts to tackle indiscriminate waste disposal across the state by partnering with transport unions to strengthen environmental enforcement.
The initiative brings members of the National Union of Road Transport Workers (NURTW) and the Road Transport Employees Association of Nigeria (RTEAN) into the state’s sanitation monitoring framework to help curb illegal dumping of refuse on roadsides and medians.
SEE ALSO: ‘Support Tinubu, Reject Fear&’ — Sanwo-Olu Tells Nigerians
The move was announced on Saturday during a joint briefing held at the Ministry of Transportation, Alausa, Ikeja, where government officials outlined new measures aimed at improving environmental compliance.
The Commissioner for Transportation, Oluwaseun Osiyemi, said the partnership would empower selected transport workers to assist in identifying and reporting individuals who dispose of waste illegally on highways and public spaces.
He said the rising trend of roadside dumping had become a serious environmental and public health concern, stressing that the government would no longer tolerate such practices.
According to him, members of parks and garages across Lagos would now serve as additional eyes for enforcement agencies in monitoring offenders.
“We have observed the indiscriminate dumping of refuse on the roadside, and that is why we invited the transport union workers because they have branches across roads in Lagos State,” Osiyemi said.
“We want members of parks and garages across the state to serve as our eyes in monitoring those who dump refuse on the expressway indiscriminately and arrest them.”
He warned that anyone caught violating environmental regulations would be prosecuted according to existing laws.
The Managing Director of the Lagos Waste Management Authority (LAWMA), Muyiwa Gbadegesin, also condemned the growing level of waste dumping on public roads, describing it as unacceptable.
He urged transport operators to discourage offenders within their parks and garages, adding that cooperation was crucial to achieving a cleaner Lagos.
“We must read a riot act to ourselves and, from today, there must be no waste dumped on any road,” he said.
“We want you to send anyone carrying waste back home and not allow them to dump refuse close to your garages.”
Gbadegesin further assured residents that LAWMA would intensify waste collection and evacuation efforts across the state.
The Special Adviser to Governor Babajide Sanwo-Olu on Transportation, Sola Giwa, said routine inspections would be carried out in motor parks, with sanctions imposed on facilities found violating sanitation rules.
Also speaking, Deputy Chief of Staff, Sam Egube, urged transport unions to act as whistleblowers in support of the government’s renewed sanitation drive.
The initiative follows Governor Sanwo-Olu’s directive ordering the immediate evacuation of refuse across Lagos amid growing public concern over waste accumulation in several areas.
Authorities say the renewed campaign is aimed at improving sanitation, preventing flooding, and safeguarding public health in Africa’s most populous city.
NEWS
DPRP IPO: Dangote Rings Opening Bell at NGX
The much awaited Africa’s largest Initial Public Offering by the Dangote Petroleum Refinery and Petrochemicals (DPRP) has been formally flagged off on the Nigerian Exchange (NGX).
President and Chief Executive Officer, Dangote Industries Limited (DIL), Aliko Dangote, marked the commencement of the offer by ringing the opening bell at the NGX trading floor in Lagos on Monday.
The transaction marks a significant milestone for Nigeria’s capital market, as the DPRP becomes the first refinery in the Nigerian Exchange’s 66-year history to open its shares to public subscription.
READ ALSO: Dangote Refinery Opens Landmark IPO Today
The offer comprises 4.1 billion new ordinary shares priced at N525 per share, allowing investors to acquire an equity stake in Africa’s largest refinery.
Retail and institutional investors, as well as eligible investors across Africa, can participate in the public offer.
Investors can subscribe for a minimum of 10 shares, requiring an investment of N5,250 at the offer price.
The offer opened on Monday, September 14, 2026, and is scheduled to close on October 13, 2026, subject to the terms and conditions contained in the offer prospectus.
At the ceremony, Dangote highlighted that the public offer was part of a broader effort to expand public participation in owning his companies.
“We will lease every company that we operate,” he said.
The launch attracted prominent dignitaries, including Lagos State Governor Babajide Sanwo-Olu, members of the Dangote family and captains of industry.
NEWS
Dangote Refinery IPO: SEC Warns Investors Against Fraudsters, Fake Platforms
The Securities and Exchange Commission (SEC) has warned prospective investors against fraudsters, fake platforms and unauthorised individuals seeking to take advantage of the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO).
The Commission issued the warning in a public notice dated Monday, September 14, 2026, following its approval for the IPO by Dangote Petroleum Refinery and Petrochemicals FZE to open to the public.
The SEC urged investors to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents, subscription channels and platforms.
ALSO READ: Dangote Calls Refinery IPO ‘People’s IPO’ as N2.15tn Offer Opens
The Commission advised prospective investors to obtain information about the IPO only from the SEC’s official channels, the issuer’s official channels and other official channels established and approved for the offer.
It also urged investors to verify the authenticity of any website, platform or link before providing personal or financial information.
According to the SEC, investors should follow only the officially announced subscription or application process and IPO timetable and should “Avoid transferring funds to any person or entity claiming to receive applications/subscriptions outside the approved channels.”
The Commission further advised investors to verify that their chosen registered Capital Market Operator’s channels or platforms for the offer are duly authorised and approved.
The SEC also warned investors to “Avoid responding to unsolicited calls, WhatsApp messages, social media advertisements, emails or other channels/platforms that offer or guarantee allotments or preferential allocation.”
The regulator urged prospective subscribers to carefully read the approved Prospectus and understand the terms, conditions and risks associated with the investment before making any subscription.
SEC warns against fake IPO agents
The Commission stressed that the existence of an individual, company, digital platform or social media account does not, by itself, constitute approval or authorisation to receive applications or funds from investors in respect of the offer.
The SEC therefore advised prospective investors to contact SEC-registered stockbrokers, banks or registered Investment advisers for guidance before subscribing.
The Commission also urged the public to “VERIFY” the registration status of companies, entities, platforms or individuals offering investment opportunities before entering into any transaction with them.
Investors can verify the registration status of operators through the SEC’s dedicated portal for registered fintech operators or through the Commission’s Capital Market Operators platform.
The warning comes as the Dangote Petroleum Refinery and Petrochemicals IPO officially opens on Monday, September 14, 2026, following the Commission’s approval.
The Commission listed its contact details as +2342094621168-9 and [email protected], while its WhatsApp contact is 0916 772 3240.
The SEC urged investors to remain vigilant and rely only on verified and authorised channels throughout the IPO process.
NEWS
BREAKING: Dangote Refinery IPO Subscription Surpasses ₦1.4trn as Investor Demand Soars
Investor demand for the Dangote Petroleum Refinery and Petrochemicals initial public offering (IPO) has reached a historic level, with subscription activity surging across digital investment channels.
Data released by the Nigerian Exchange (NGX) on its official X handle on Monday showed that total transaction volume had surpassed 402,634, pushing the total subscription value to ₦1,476,171,994,112, approximately ₦1.476 trillion.
The figures, displayed on the #NGXInvest command centre dashboard, highlight the strong appetite among investors for the landmark offering.
More details shortly.





