• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, November 10, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Federal Govt To Regulate Scrap Metal Trade, Curb Infrastructure Vandalism

Bukola Aro-Lambo by Bukola Aro-Lambo
7 seconds ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Government is set to introduce stricter regulations in Nigeria’s scrap metal industry to curb the theft and illegal trade of metals, particularly electricity cables, railway components and manhole covers, whose vandalism has continued to threaten critical national infrastructure.

The proposed regulations will compel scrap metal dealers and recycling operators to obtain appropriate licences, verify the sources of materials and maintain transaction records to prevent stolen metals from entering the recycling value chain.

The Minister of Steel Development, Shuaibu Audu, disclosed this at a stakeholders’ engagement on the validation of the proposed Scrap Metal (Collection, Trading, Recycling and Regulation) Regulations, 2026, in Lagos.

Audu, who was represented by the Director of the Metallurgical Raw Material Development and Investment Promotion Department, Ime Eprikpo, said the government was developing a structured regulatory framework to sanitise the industry, protect public and private infrastructure and strengthen local steel manufacturing.

He expressed concern that poorly regulated scrap metal activities had encouraged the theft and vandalism of public and private infrastructure, leading to economic losses, disruption of essential services and increased maintenance costs.

The minister, however, said the government would address the challenges without undermining the livelihoods of thousands of Nigerians engaged in scrap metal collection and trading.

“Our objective is not to suppress legitimate commercial activity. Rather, it is to establish a system in which lawful businesses can operate with greater clarity and confidence, while activities involving stolen materials, unsafe practices or environmental harm are addressed through appropriate regulatory and legal measures,” Audu stated.

He noted that scrap metal remained an important raw material for steel production, foundry operations and other manufacturing activities, stressing that an organised recycling industry could reduce material wastage, create jobs and support Nigeria’s industrialisation drive.

According to him, the proposed regulations would introduce a structured system for licensing and supervising operators, regulating collection and aggregation centres, ensuring transaction traceability and improving monitoring and enforcement.

The framework is also expected to strengthen environmental protection and occupational safety standards while discouraging the illicit acquisition and sale of stolen metallic materials.

Audu specifically identified the theft of electrical cables, railway components, manhole covers and other metallic installations as a major threat to national infrastructure.

He explained that the consequences extended beyond the financial value of stolen materials, as the activities disrupted public services, endangered lives and increased the cost of maintaining critical infrastructure.

To address the problem, he called for stronger identification and verification of scrap suppliers, proper documentation of transactions and improved collaboration among regulators, security agencies and law enforcement authorities.

On concerns about the impact of the proposed regulations on informal operators, the minister said the framework would provide opportunities for small-scale collectors and traders to formalise their businesses through requirements that reflect the size and risks of their operations.

He stressed that the government did not intend to impose unnecessary restrictions on small businesses but would ensure that large-scale aggregation, processing and recycling facilities operated under appropriate licensing and safety standards.

RELATED NEWS

Presidency Bets Big On Financial Inclusion To Ignite $1trn GDP Surge

Interest-free Loans, Mechanised Farming Centres Coming — Tinubu

NUPRC Apologises as Licensing System Upgrade Locks Service Providers Out of Permit Portal

Audu urged stakeholders to scrutinise the draft regulations and identify areas requiring clarification, particularly implementation arrangements, operational requirements and compliance costs.

He assured participants that their submissions would be considered before the regulations were finalised, adding that the ministry would collaborate with relevant institutions to build enforcement capacity, improve public awareness and strengthen data collection across the industry.

In his address, the Permanent Secretary of the ministry, Nura Abba Rimi, represented by the Director of the Metallurgical Inspectorate and Environmental Protection Department, Christopher Wanje, said an effectively regulated scrap metal industry was essential to developing a competitive domestic steel sector.

He said the proposed regulations would curb the illegal trade in stolen metals, protect public and private infrastructure and ensure that the economic benefits of recycling contributed to national development.

“Our objective is not to stifle legitimate businesses or discourage investment, but to establish a transparent, accountable and sustainable operating environment in which genuine entrepreneurs can thrive, investors can have confidence, and the steel industry can access reliable raw materials to support increased domestic production and value addition,” Rimi stated.

Also speaking, the National President of the National Association of Scrap and Waste Dealers Employers of Nigeria, Ogbu Luke Uchechukwu, described the engagement as a landmark development for the steel industry.

He said the validation exercise went beyond reviewing a policy document, describing it as an important step towards establishing an organised, regulated and economically viable scrap and waste industry.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel


Bukola Aro-Lambo

Bukola Aro-Lambo

Bukola Aro-Lambo is a journalist with Leadership Newspaper with over a decade of experience, specialising in economy and finance reporting. She covers macroeconomic trends, fiscal policy, public finance, banking, and fintech, combining official data with expert insight in a methodical, data-driven approach. Her reporting extends to development finance, infrastructure funding, agri-exports, climate finance, and technology-driven enterprise, offering clear, analytical coverage that supports informed public discourse on Nigeria's evolving economic landscape.

OTHER NEWS UPDATES

Presidency Bets Big On Financial Inclusion To Ignite $1trn GDP Surge
Business

Presidency Bets Big On Financial Inclusion To Ignite $1trn GDP Surge

3 minutes ago
Interest-free Loans, Mechanised Farming Centres Coming — Tinubu
Business

Interest-free Loans, Mechanised Farming Centres Coming — Tinubu

7 minutes ago
Drill Now Or Lose Your Licence, NUPRC Warns Marginal Field, Mini-bid Round Licencees
Business

NUPRC Apologises as Licensing System Upgrade Locks Service Providers Out of Permit Portal

10 minutes ago

LATEST UPDATE

Federal Govt To Regulate Scrap Metal Trade, Curb Infrastructure Vandalism

7 seconds ago

Government Must Build For Generations, Not For Personal Enjoyment — Tinubu

1 minute ago

Presidency Bets Big On Financial Inclusion To Ignite $1trn GDP Surge

3 minutes ago

Interest-free Loans, Mechanised Farming Centres Coming — Tinubu

7 minutes ago

NUPRC Apologises as Licensing System Upgrade Locks Service Providers Out of Permit Portal

10 minutes ago

Nigeria’s Single Window Records N17bn Revenue, Onboards 12,000 Importers—Committee

21 minutes ago

Dangote Cement Shelves London Stock Exchange Listing Plan

27 minutes ago

2027: Obi Will Flee To Cameroon Rather Than Tackle Nigeria’s Problems, Wike Alleges

28 minutes ago

54-Year-Old Woman Stages 12-Day Kidnap ln Delta, Demands N15m From Family

33 minutes ago

Senate Donates N100m To Victorious Flamingos

35 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.