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    Ukraine says Niger’s move to cut relations is ‘regrettable’

    Gunfire erupts near airport in Niger’s capital

    China’s exports to Africa surge after US trade upheaval

    China’s African tariff removals, trade surge spur yuan adoption

    Namibia

    Namibia’s energy minister confirms removal of petroleum commissioner Shino

    UN assembly adopts resolution backing ongoing efforts to eliminate ‘blood diamonds’ trade

    Congo miners seek delay to 5% worker equity rule before July deadline, sources say

    Somaliland receiving Israeli military training but not in talks for base, minister says

    Somaliland receiving Israeli military training but not in talks for base, minister says

    Taiwan says its delegates have been barred from ocean conference in Kenya

    Taiwan says its delegates have been barred from ocean conference in Kenya

    Rwanda’s presidential election set for July 15, 2024

    Rwanda stepping up precautions against Ebola, health minister says

    Senegalese leader calls out UN Security Council’s “inertia” in face of destabilization of Sahel

    As IMF visits Senegal, more investors view default as inevitable

    South African labour unions urge workers to shun anti-migrant protests

    South African labour unions urge workers to shun anti-migrant protests

  • Analysis
    • All
    • Climate Change
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    • Economy
    • Energy & Power
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    Detained Ugandan lawyer charged with complicity in treason

    Detained Ugandan lawyer charged with complicity in treason

    The promise and risks of Kenya’s ambitious new strategy to close refugee camps

    The promise and risks of Kenya’s ambitious new strategy to close refugee camps

    Al Qaeda-linked militants curb their brutality in seized Malian territory

    Al Qaeda-linked militants curb their brutality in seized Malian territory

    Five Years After the Coup in Mali: Are Stability and Growth Within Reach?

    The Political Economy of Insecurity in Mali: Armed Groups, Resources, and State Fragility

    Ghana to evacuate 300 citizens from South Africa after xenophobic attacks

    Xenophobic Violence and Human Security in South Africa: Causes and Consequences

    Inside an African lab that helped crack the hantavirus outbreak

    Inside an African lab that helped crack the hantavirus outbreak

    Nigeria’s Agricultural sector: Problems and challenges

    Agriculture in Africa: science and research cannot have an impact without investments and good policies

    Mali’s junta creates a new ministerial-level post to oversee the mining sector

    African Mineral Resources: The Controversial Link to US Health Deals

    Ghana curbs offshore investments to protect cedi, boost stability

    Ghana’s mining law attempts to eradicate speculation, but leaves communities in limbo: insights from a lithium case study

  • Studies
    Schooling is the most severely affected by conflict when children are the target – Study

    Schooling is the most severely affected by conflict when children are the target – Study

    Pensions for Botswana’s elderly are expanding, but care services are lacking—study follows 20 years

    Pensions for Botswana’s elderly are expanding, but care services are lacking—study follows 20 years

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    Benin government says armed forces foil coup attempt

    Coup contagion? A rash of African power grabs suggests copycats are taking note of others’ success

    One in three South Africans have never heard of AI: what this means for policy

    One in three South Africans have never heard of AI: what this means for policy

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

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    Eduardo Mondlane (1920-1969): Mozambican Revolutionary and Anthropologist

    Eduardo Mondlane (1920-1969): Mozambican Revolutionary and Anthropologist

    William Tubman (1895-1971): Liberian politician and longest-serving president in the country’s history

    William Tubman (1895-1971): Liberian politician and longest-serving president in the country’s history

    Abebe Bikila (1932-1973): Ethiopian marathoner and first black African to win an Olympic medal

    Abebe Bikila (1932-1973): Ethiopian marathoner and first black African to win an Olympic medal

    W. E. B. Du Bois (1868-1963): Sociologist, historian, and Pan-Africanist civil rights activist

    W. E. B. Du Bois (1868-1963): Sociologist, historian, and Pan-Africanist civil rights activist

    Frantz Fanon (1925-1961): Psychiatrist and political philosopher

    Frantz Fanon (1925-1961): Psychiatrist and political philosopher

    Percy Lavon Julian (1899-1975): African American researcher and chemist

    Percy Lavon Julian (1899-1975): African American researcher and chemist

    Harriet Tubman (Araminta Ross, 1822-1913): American abolitionist and social activist

    Harriet Tubman (Araminta Ross, 1822-1913): American abolitionist and social activist

    Dorothy Vaughan (1910-2008): African American mathematician and human computer

    Dorothy Vaughan (1910-2008): African American mathematician and human computer

    George Washington Carver (1864-1943): African American agricultural scientist and inventor

    George Washington Carver (1864-1943): African American agricultural scientist and inventor

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    Laas Geel, Somalia

    Laas Geel, Somalia

    Lakes Of Ounianga, Chad

    Lakes Of Ounianga, Chad

    Nok Caves, Togo

    Nok Caves, Togo

    The Land of Punt (modern Somalia, Eritrea, Ethiopia, or eastern Sudan)

    The Land of Punt (modern Somalia, Eritrea, Ethiopia, or eastern Sudan)

    Avenue of the Baobabs, Madagascar

    Avenue of the Baobabs, Madagascar

    Lopé-Okanda (Gabon)

    Lopé-Okanda (Gabon)

    The Sudd wetland

    The Sudd wetland

    Khami Ruins (Zimbabwe), the capital of the Torwa state

    Khami Ruins (Zimbabwe), the capital of the Torwa state

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Lagos eyes $250bn revenue from waste-to-wealth projects

December 21, 2025
Nigeria’s Lagos gets $1.35 billion deal with Afrexim, Access on investments

Copyright: Lagos state government.

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The Lagos State Government and other key stakeholders have intensified their commitment to environmental initiatives, aiming to tap into Nigeria’s $250bn green economy potential.

During the 6th Lagos Waste Forum held in Lagos, leaders from the public and private sectors converged to discuss strategies for transforming waste into a driver of economic resilience.

According to a statement, the SWEEP Foundation NG organised the event, with support from UNIDO, the European Union, and Coca-Cola Nigeria, under the theme ‘The Power of Nigeria’s Waste Economy’.

The Special Adviser on the Environment, Olakunle Rotimi-Akodu, who represented Governor Babajide Sanwo-Olu, emphasised the state’s strategic role in Nigeria’s circular economy. He noted that while the city generates massive waste, it also offers a goldmine for innovation.

“Lagos generates vast quantities of waste, but within this challenge lies a significant opportunity, one realised through structure, innovation, and entrepreneurial intelligence,” the Governor’s representative stated.

He further explained that agencies like the Lagos Waste Management Authority, under the leadership of the Managing Director, Dr Muyiwa Gbadegesin, are building an integrated framework. He said this framework “positions Lagos as a hub of circular economy innovation.”

A representative of the Food and Beverage Recycling Alliance provided a breakdown of the sector’s financial promise. The representative cited the Federal Government and UNDP’s Imagine Nigeria report, which identifies a green economy potential of up to $250bn.

“Circularity is not just an ecological necessity but a strategic pathway to jobs, innovation, and environmental protection,” the FBRA official noted. The alliance highlighted that Nigeria produces 32 million tonnes of waste annually, with Lagos alone generating N18bn in recycling value in 2021.

The President and CEO of SWEEP Foundation NG, Obuesi Phillips, described dumpsites as emerging “waste mines.” He advocated for the creation of a Ministry of Waste Resources and a dedicated Green Bank to offer single-digit interest loans to waste-to-wealth entrepreneurs.

The Ogun State Commissioner for the Environment, Dr Ola Oresanya, delivered the forum’s lecture, stressing the need for evidence-based interventions. He urged governments to move beyond mere policy declarations to achieve sustainable environmental results.

Read also

Gunfire erupts near airport in Niger’s capital

China’s African tariff removals, trade surge spur yuan adoption

Namibia’s energy minister confirms removal of petroleum commissioner Shino

“Solutions must be guided by research, innovation, and evidence-based interventions tailored to Nigeria’s local contexts,” Oresanya said. He also called for a technically skilled environmental workforce across all levels of government.

Other notable attendees included the Special Adviser on Climate Change and Circular Economy, Titi Oshodi; the Executive Director of Circular Economy Innovation Partnership, Natalie Beinisch; and UNIDO Field Coordination and Gender Expert, Emem Umana.

The forum concluded with participants pledging to prioritise financing, technology adoption, and community engagement. The stakeholders agreed that these pillars would accelerate Nigeria’s transition to a resource-efficient and climate-smart waste ecosystem.

Source: APA News
Tags: LagosNigeriawaste-to-wealth

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