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Opportunities in Nigeria’s recycling economy

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By Usman Oladimeji

Recycling is demonstrating opportunities to create a sustainable economy.

The transformation of Plastic Waste piled up in Nigeria from symbols of Environmental Degradation to thriving ecosystems is a testament to the successful integration of Recycling and commerce, sparking Economic Growth and restoration in the region. Even while it’s still in early stages, the recycling industry is demonstrating promising opportunities to create a sustainable Economy that has the ability to elevate both families and communities from Poverty within the nation. Average estimates of plastic waste production in Nigeria revealed that the country is positioned as the ninth highest contributor of plastic waste globally, generating a staggering 2.5 million metric tonnes each year.

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Nigeria’s rising population presents extensive possibilities for circular economy enterprises within the Waste Management sector. According to a recent report by the Nigerian government and the United Nations Development Programme (UNDP), Nigeria’s Green Economy is valued at around $250 billion, with the recycling sector standing out with a market size of approximately $40 billion. A separate report released in 2021 by the Lagos State Waste Management Authority revealed that the state’s recycling industry contributed a substantial ₦18 billion to its economy.

Plastic pickers have various revenue-generating opportunities.

Investment in companies such as Kaltani, receiving the Donation of $2 million to Wecyclers, $4 million in seed funding, and the $4 million grant from USAID and Coca-Cola Foundation to Technoserve for collection and recycling initiatives, is boosting the industry’s potential for economic growth. The value chain offers various revenue-generating opportunities for collectors and aggregators alike. It is a common sight in major cities across the country to see individuals collecting plastic waste from the streets and gutters. Whether carrying sacks on their shoulders or pushing collection carts, these pickers are dedicated to cleaning up the environment.

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Small and medium enterprises like the Chanjandatti, Ecobarter, Fifthseed, Green Axis, RecyclePoints, have played a key role in creating jobs and providing employment opportunities within the value chain. These enterprises are dedicated to promoting Packaging collection and recycling, which not only contributes to Environmental Sustainability but also boosts the economy in local communities. The transformation of individuals from small collectors to plastic pickers working in groups shows a new trend within the industry. They are seizing expanding opportunities to change their lives and also positively impacting their families and the environment.

Collectors help redirect plastic and cans away from landfills.

Experts predicted that if Nigeria implements a successful waste management program, it has the potential to generate more than 250,000 employment opportunities by the year 2025. This thriving sector goes beyond merely collecting trash, as it involves a dynamic network of activities such as gathering, organizing, and transforming waste into reusable materials like resins or other products. The shift towards a circular economy transforms plastic waste into a valuable resource, leading to Sustainability and economic growth. The positive environmental impacts of this process are substantial as well.

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Plastic waste collectors and aggregators play a crucial role in combating Pollution by redirecting cans away from landfills, helping to reduce land and Water Pollution and preserve precious natural resources that would have otherwise been used to produce new plastic. Despite these efforts, Nigeria still faces significant waste management hurdles, with plastic waste continuing to be a significant contributor to environmental pollution in the country. The Food and Beverage Recycling Alliance (FBRA) understands the significance of tackling the issue from its core and has actively engaged in addressing it.

Related Article: 12% waste recycling too low for Nigeria

FBRA is actively encouraging creativity and sustainability in packaging solutions within its community. By emphasizing the importance of Extended Producer Responsibility, they are working towards a more circular economy. Collaboration among policy makers, businesses, non-profits, and consumers is crucial for developing a cohesive national strategy to address these challenges. Implementing this method can help address the issue of Plastic Pollution while simultaneously giving communities strength, generating employment opportunities, and promoting a mindset of environmental responsibility.

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