Africa

FG moves to license scrap dealers, curb theft

Punch Nigeria November 10, 2026 12 views
FG moves to license scrap dealers, curb theft

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Federal Government to License Scrap Dealers in Nigeria

The Federal Government of Nigeria is taking steps to regulate the scrap industry in a bid to combat the theft of valuable materials from critical national infrastructure.

License Plans to Tackle Scrap Dealers' Impact

In an effort to curb the growing problem of scrap theft, the Nigerian government is introducing new regulations that aim to license scrap dealers operating within the country.

Enhancing Infrastructure Security

By licensing scrap dealers, the government hopes to better monitor and control the movement of scrap materials, particularly those containing valuable resources such as copper and aluminum.

Critical Infrastructure at Risk

The theft of these materials has become a significant concern, particularly due to their frequent use in the construction and maintenance of critical national infrastructure.

Impact on Local Economy

The scrap industry plays a crucial role in the Nigerian economy, providing employment opportunities and contributing to the recycling sector.

Government's Action

The Federal Government acknowledges the importance of the industry while emphasizing the need to strike a balance between supporting economic development and protecting national assets.

Source: Punch Nigeria

For more information, please visit: https://punchng.com/fg-moves-to-license-scrap-dealers-curb-theft/

<small>Source: Punch Nigeria — read the original story there.</small>

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