• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News Crime

‘Dredging fraud’ How NIMCO, 54 others swindle Lagos government

Freelanews by Freelanews
May 18, 2020
in Crime
0 0
0
lagos house

An interim report heard on the floor of the Lagos State House of Assembly on Monday detailed how dredging companies in the state have consistently defrauded the government to the tune of several hundreds of millions.

The report was read on the floor by Hon. Victor Akande, chairman of a seven-man committee set up to look into the activities of alleged illegal dredgers in the state.

The report named NIMCO dredging company among the ones that have carried on defrauding the state by failing to pay taxes and make returns.

The report shows that the state has 55 registered ‘Category A’ dredging companies out of which only three have operational permit. Out of these three, only one of the companies has been making returns to the government.

Akande said the report was the result of the committee’s finding through documents and evidence provided by officials of the state government and investigation.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

In the course of the investigation, the committee had invited the Ministries of Waterfront and Infrastructure Development, Lands, The Environment, Physical Planning, the Surveyor-General, other government agencies and the commissioner of police in the state.

Some of the dredgers, it was learnt, engage in reclamation of land and these include NIMCO, linked to a top serving politician in the state, and another company that operate around the Eti-Osa area of Lagos State.

The Committee discovered that after reclaiming land, the companies then sell at very exorbitant prices. A member of the committee cited the case of reclaimed land sold for at least N120 million in places like Banana Island without paying government its due.

It was further learnt that another set of 74 Category A dredgers have been operating illegally in the state.

The report also showed that only 12 of the 69 recognised Category B dredgers and piling companies in the state had been making payments to the government.

It was also discovered that the state has another set of 109 illegal Category B dredgers.

The report shows that the state has 11 areas of reclamation of land with eight in Eti-Osa, one in Mainland, one in Ikorodu, and one in Kosofe.

Even though the companies have areas they are supposed to cover, many of them beat the state directive by dredging beyond the requirement, make money and defraud the government.

During deliberation on the floor of the House, Akande disclosed that all manner of people including foreigners, especially Chinese were also engaged in dredging activities enriching themselves at the expense of the state.

Many other lawmakers spoke against the activities of these dredgers.

On his part, Olowo said the dredgers were operating indiscriminately adding that some with Category C approvals operate in Category A without regard to the laws.

Akande also urged the House to give the committee additional two weeks to complete its work as it wants to embark on inspection tour of the sites.

Speaker Mudashiru Obasa directed the Clerk of the House, Azeez Sanni, to write the governor and intimate him of the preliminary findings of the committee.

Obasa also directed the Clerk to write to the state commissioner of police to provide security for the committee members when they embark on inspection of the dredging sites.

freelanews
Freelanews

Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

Related Posts

Gunmen
Crime

JUST IN: Gunmen kidnap Kogi LG chairman

by Quadri Olaitan
August 3, 2024
EZRPhGHXsAAroAL.jpg large
Crime

‘#ENDSARS protests’ Sanwo-Olu invited military because police ran away, Army General reports

by Rtn. Victor Ojelabi
November 14, 2020
Nigerian Nathaniel Barthram charged in Zambia
Crime

Nigerian national arrested in India for alleged drug trafficking, cocaine, ecstasy seized

by Oreoluwa Ojelabi
June 6, 2025
police arrests criminal
Crime

‘Act of penetration’ Man rapes 6-year-old daughter over wife’s s3x refusal

by Rtn. Victor Ojelabi
March 16, 2022
As
Crime

Tinubu mourns victims, condemns bandit attacks in Zamfara, Kano

by Oreoluwa Ojelabi
March 6, 2023

Leave a ReplyCancel reply

UBA bank ad UBA bank ad UBA bank ad

Recent News

Court

Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

July 9, 2026
Peller

Peller opens up on four days without food in police cell

July 9, 2026
Ex-CCT

Ex-CCT chairman arraigned, remanded over alleged corruption

July 9, 2026
Wike

‘One minister they won’t like is me,’ Wike says

July 9, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Court

Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

July 9, 2026
Peller

Peller opens up on four days without food in police cell

July 9, 2026
Ex-CCT

Ex-CCT chairman arraigned, remanded over alleged corruption

July 9, 2026
Wike

‘One minister they won’t like is me,’ Wike says

July 9, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Bandits

    Bandits threatened to kill Oyo pupils If troops advanced, says minister

    0 shares
    Share 0 Tweet 0
  • Atrium Homes CEO, Rtn. Olatunji-Audu, talks service, property

    0 shares
    Share 0 Tweet 0
  • Who is Rotarian Victor Ojelabi?

    0 shares
    Share 0 Tweet 0
  • Former Ogun LG chairman Wale Adedayo docked over allocation diversion allegations Against Abiodun

    0 shares
    Share 0 Tweet 0

Just Published!

Court

Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

July 9, 2026
Peller

Peller opens up on four days without food in police cell

July 9, 2026
Ex-CCT

Ex-CCT chairman arraigned, remanded over alleged corruption

July 9, 2026
Wike

‘One minister they won’t like is me,’ Wike says

July 9, 2026
Adeleke University

Engineer Bello pledges stronger industry-academia partnership at Adeleke University

July 9, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.