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INVESTIGATION: Asian Company Rakes In Billions, Pollutes Lagos, Ogun In Illegal - Business - Nairaland

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INVESTIGATION: Asian Company Rakes In Billions, Pollutes Lagos, Ogun In Illegal by RipplesNigeria: 12:08pm On Jun 05, 2017
The arrest of two Chinese nationals, Taolung Shen and Xu Jing Yau, in February 2017, for allegedly dealing in fake tyres, estimated at about N5.3 billon, dominated media space and put some businesses owned by foreigners on the spotlight.
The case of Shen and Yau constitutes less than a percentage of unreported illegal activities foreign nationals perpetrate in the Nigerian economy, capitalizing on Nigeria’s desperate quest for foreign direct investment and lax regulations.
The arrest of the duo provides lead for this special undercover report on illegal manufacture of black oil (Liquefied Pour Fuel Oil, LPFO) through recycling of tyres. The month-long investigation took Ripples Nigeria through the dumpsites of Olushosun in Lagos, the laboratories of University of Lagos, Tech High Profile Ltd in Ikorodu, Ministry of Environment in Ogun State and Corporate Affairs Commission in Abuja, Nigeria’s Federal Capital Territory (FCT).
Want used tyres? It’s N25 per piece!
The filths of Lagos are legendary but nothing compares with the mountain of used tyres at the dumpsite of Olushosun located in the Ojota area of Lagos State. Many other dumpsites in the city are littered with mostly bio-degradable wastes. Each day, a colony of scavengers throng these sites with hopes high to eke out a living amid thick fogs of smoke and stench.
From every indication, it would appear the Lagos authorities either lack the will to commit resources to recycling the tons of degradable wastes generated in the city or simply do not care about the consequences of the hazardous mountains which its officials set fire to intermittently.

Full details: https://www.ripplesnigeria.com/investigation-asian-company-rakes-billions-pollutes-ikorodu-illegal-manufacture-black-oil/
Re: INVESTIGATION: Asian Company Rakes In Billions, Pollutes Lagos, Ogun In Illegal by Angeleena(m): 12:11pm On Jun 05, 2017
nawa,just imagine those people,with their almost blinded eyes... I hope,the government does something about it,no special treatment whatsoever... cuz if it were,to be Nigerians, involved in their countries, reverse would have been the case..

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