The polluting effects of Iponri-Alaka Canal in Surulere area of Lagos State on the environment have been studied using six sampling points. The study aimed at assessing the effects of exposure to pollutants on humans and other life forms. The quality of air, wastewater and sediments was assessed between March and August 2017. The concentrations of SO2 and H2S were measured using MSA Altair 5X. Temperature, pH and DO were measured in-situ using Thermometer, pH meter and Winkler method, respectively. TSS, TDS, TS, TA, TH, BOD, chloride Cl-, PO43-, SO42- and NO3- were determined using appropriate standard methods in the laboratory. EC and some heavy metals (Cr, Pb, Mn, Cd and Ni) concentrations were determined using conductivity meter and Atomic Absorption Spectroscopy, respectively. The results showed that pH, TS, DO and TH were well within the WHO and FEPA maximum limits. EC, SO42- and TDS were observed to be higher than guideline values only at one sampling point. The TSS, BOD, TA, NO3- and PO43- were higher than WHO and FEPA guideline limits at all sampling points. Cr was seen to be within, while Pb and Mn were higher than WHO and FEPA guideline values. Cd was higher than guideline values only at two sampling points. Ni was below detection concentration at all the sampling points. The concentration of SO2 was seen to be higher than WHO and NESREA guideline values at two sampling points, while H2S concentration was higher than WHO limit at all the six sampling points.