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Stakeholders Lauds Lagos Assembly’s Decision to Empower LAWMA

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lawma landfill sites

The decision of the Lagos State House of Assembly to amend the state’s Environmental Law in order to give more powers to the Lagos State Waste Management Authority (LAWMA) has been commended by stakeholders in the sector.

Last Thursday, the Assembly held a one-day Public Hearing on “A Law to Amend the Environmental Management and Protection Law 2017” organised by the House Committee on the Environment headed by Mr Dayo Saka-Fafunmi.

During the hearing, the stakeholders described such step as timely to ensure cleaner and healthier environment in the state following the failure of the Cleaner Lagos Initiative introduced by the present administration of Mr Akinwunmi Ambode.

Mr Olugbenga Adebola, an environmentalist said, “I will like to commend the proactive Lagos State House of Assembly members for this amendment.

“For a long part of 2016 and 2017 we have a big issue in environment family. It is good that more power be given to LAWMA as the regulator.

“I hope LAWMA, should be able to manage this. I commend the House.”

Mr Adebola urged the House not to jettison the private sector in the board constitution and looked into cost recovery level, and enforcement.

Mr Kadiri Shamusideen, a safety expert, who also commended the House for the amendment, called for efforts on the health and safety of PSP operators on the field.

Mr Shamusideen, Executive Director, Safety Advocacy and Empowerment Foundation, decried various unsafe practices of the operators on the highways, trucks and dump sites, which was corroborated by another expert Mr Adegbenro Adu.

Mr Olalekan Owojori, Consultant to PSP, who noted that waste management was service-oriented, called the House to look into how money for the services rendered by the operators would get to them.

Mr Owojori, who frowned at PSP depending on government bureaucracy before getting money for the service provided, called for a system that would allow the service providers to collect their .

Mr Adedotun Oriowo, a PSP operator, said, “I salute House for the impeccable sense of responsibility. We are here to right some wrongs of the outgoing Lagos State government.

“The Cleaner Lagos Initiative distorted waste management operations in Lagos State. It should be expunged from waste management in Lagos State.”

In his contribution, Mr Ola Oresanya, the Chief Executive Officer of LAWMA, said, “If the law is wrong everything will be wrong.

“I want to thank the Chairman of the committee for this painstaking effort to correct the wrong. The intention of this amendment is genuine and germane.”

According to Mr Oresanya, the authority will submit a Memorandum of Understanding (MoU), especially on the functions of Public Utilities

Monitoring and Assurance Unit (PUMAU) bothering on waste management and revenue collection.

Mr Idowu Salau, a Consultant with the Federal Government on waste management, who commended the House, harped on cost recovery and identified user charge system and property charge system.

In his comment, Mr Ola Egbeyemi, President of the Association of Waste Managers (AWAN) thanked the House “for this noble gesture.”

“We have good laws but those laws are found ineffective because of enforcement. We should thank the lawmakers for revisiting this controversial law that have actually caused a lot of retrogression,” Mr Egbeyemi said.

In his welcome address, Chairman of the Committee, Mr Saka-Fafunmi said that extant law passed in 2017 could not meet expectations as discovered during impact assessment analysis.

“We cannot have a law that is not serving the interest of Lagos and that is why we propose several amendments. The amendment essentially bothers more on LAWMA law.

“As at when the law was made, we were looking at having a concessionaire-an operator that will take over the waste management of Lagos.

“No sooner had the law was passed we realised that it was not something that could stand the test of time here. We have decided to revert back to our ways of doing it.

“That is why we are empowering the PSP and every other stakeholder in environment. We must empower LAWMA and take away concessionaire,” he said.

Over viewing, Majority Leader of the House, Mr Sanai Agunbiade, stated that the proposed amendment affected only 48 sections of the 526-section extant law.

Mr Agunbiade said that the House had a penchant to monitor laws passed and conducts impact assessment and whenever a shortcoming was noticed,an amendment would be sought to make it conform to realities.

Earlier in his keynote address, the Speaker of the House, Mr Mudashirun Obasa, represented by his deputy, Mr Waaiu Eshinlokun-Sanni, explained that the House intention was to improve the environment and make waste management seamless.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Egbin Power Commissions 80 New Staff Housing Units

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Egbin Power 80 New Staff Housing Units

By Modupe Gbadeyanka

In further demonstration of its unwavering commitment to its workforce, Nigeria’s foremost power generation company, Egbin Power Plc, has unveiled 80 new residential housing units for employees within its plant premises in Egbin, Lagos State.

This comprises 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all designed to contemporary standards.

The units feature modern infrastructure and thoughtfully planned utilities, creating a safe, comfortable, and conducive living environment that supports both employee productivity and family well-being.

This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence.

The new housing units are part of a holistic strategy to cultivate a stable, motivated, and future-ready workforce.

This strategy extends beyond infrastructure to encompass robust career development and recognition. Over the past three years, Egbin Power has promoted 112 employees across various cadres, reinforcing a culture that rewards merit, performance, and long-term dedication

“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent.

“This significant expansion of our residential estate is a tangible expression of that commitment.

“It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” the chief executive of Egbin Power, Mr Mokhtar Bounour, said.

Initiated in 2025 and completed in January 2026, this project is the latest milestone in Egbin Power’s structured and ongoing approach to enhancing employee welfare. It reflects the energy firm’s dedication to fostering a culture where every team member feels valued, secure, and motivated.

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NGX Group, CSCS, WIMBIZ to Ring Bell for Gender Equality

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Ring Bell for Gender Equality

By Aduragbemi Omiyale

On Tuesday, March 10, 2026, at the Nigerian Exchange Group House in Lagos, the role of capital markets in promoting gender equality will be reemphasised through the closing gong ceremony in commemoration of International Women’s Day 2026.

The ceremony is part of the global Ring the Bell for Gender Equality campaign, which mobilises stock exchanges worldwide to expand women’s participation in the economy and advance gender-inclusive practices.

In Nigeria, the NGX Group is partnering with the Central Securities Clearing System (CSCS) Plc and Women in Management, Business and Public Service (WIMBIZ) to make it memorable under the theme Rights. Justice. Action. For ALL Women and Girls.

Dignitaries expected at the ceremony include the Minister of State for Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu; the First Lady of Imo State, Mrs Chioma Uzodimma; the Executive Commissioner for Legal and Enforcement at the Securities and Exchange Commission (SEC), Ms Frana Chukwuogor; foremost actor, Ms Funke Akindele; a Director at the NGX Group, Ms Ojinnika Olaghere; and another staffer of NGX Group, Mrs Fatima Wali-Abdulrahman, alongside board members of NGX Group, regulators, capital market stakeholders, and industry leaders.

NGX Group is joining other exchanges worldwide in sounding the NGX Gong to underscore the importance of inclusive leadership, equal opportunities, and stronger market accountability in advancing gender equality.

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IWD: Dolapo Akanbi-Alade of Pathway Holdings Urges Stronger Inclusion of Women in Finance

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Dolapo Akanbi-Alade Pathway Holdings

By Adedapo Adesanya

The Executive Director/GCOO of Pathway Holdings Limited, Mrs Dolapo Akanbi-Alade, has called for increased inclusion of Nigerian women in finance as the world marks International Women’s Day 2026.

International Women’s Day 2026 is marked every March 8, and this year’s theme is Give To Gain.

In a statement shared with Business Post, Mrs Akanbi-Alade noted that while International Women’s Day highlights the need for gender equality, significant progress requires deliberate policies and systems that expand women’s access to finance and leadership opportunities.

She emphasised that many Nigerian women and women-led businesses still face limited access to finance, highlighting the urgent need for targeted inclusion initiatives.

“At Pathway Holdings, we empower women and give access to investment advisory, asset management, and lending solutions for institutions, high-net-worth individuals, and businesses. Ensuring that women and women-led enterprises can access these opportunities is critical to building a more inclusive financial system,” she added.

Mrs Akanbi-Alade said, “Women’s access to finance is not only a social responsibility but essential for national productivity and economic growth’’. She co-founded the following companies:

Pathway Asset Management Limited is registered and regulated by the Securities and Exchange Commission, Nigeria, as a Fund and Portfolio Manager. The product range includes Pathway Fixed Deposit Notes, Privately Managed Notes, Pathway Private Portfolio Management, Investment Advisory, and Mutual Funds, which will be launched soon.

Pathway Advisors Limited is registered and regulated by the Securities and Exchange Commission (SEC) as an Issuing House and financial adviser. Pathway Advisors’ services cover Mergers and Acquisitions (M&A), Capital-Raising, Financial Advisory, Rating Advisory, and Project and Structure Finance.

Fundbox Financial Services Limited is a wholly owned micro-lending company providing short-term personal and SME finance loans to salaried individuals, self-employed personnel, and small businesses. They offer services which include Cars4Cash, SME Loans, Personal Loans, and Group Employee Loans. Fundbox has successfully disbursed a wide range of loans to both corporate and individual clients, supporting their financial needs and business growth.

Pathway Holdings Limited is a notable investment holding firm focusing on private market investments, including private equity, private credit, and infrastructure. Pathway creates customised investment solutions for institutional investors and individuals, leveraging its extensive experience and local footprint.

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