Environment
Access Bank To Assist SMEs, Others With N50bn Loans
Access Bank Nigeria Plc is set to dole out N50 billion through interest-free loans and grants to support communities, the youths and micro, small and medium-sized businesses in the country.
This is coming on the heels of the impact of the Coronavirus pandemic, coupled with the hijacked #EndSARS protests that led to the looting of businesses and destruction of properties which has thrown so many Nigerians into debts.
According to the bank, it remains committed to its purpose of impacting lives positively.
The bank said, “Now more than ever, we remain committed to our purpose of impacting lives positively.
” In the light of the recent occurrences, we will be supporting Nigerian businesses with N50 billion interest-free loans and grants. Watch this space for more information.”
Economic experts believe that the show of support from Access Bank will help alleviate and stimulate economic activities as well as produce many positive multiplier effects on the economy.
Continue Reading
The Lagos State Government on Saturday refuted an online media report claiming that the state had resumed the monthly environmental sanitation exercise.
The Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab, said no categorical statement had been made regarding the commencement date of the exercise.
Wahab explained that what he told newsmen after a project inspection tour last Sunday was that engagements with relevant stakeholders were still ongoing.
He said the state government had planned to begin with a sensitisation programme last week, but was constrained by logistics issues.
“The truth is, we were meant to start with a sensitisation programme last week, but we had a logistics issue. We need to find a day that is acceptable to all stakeholders,” he said.
He expressed optimism that the exercise might return very soon, adding that the official date would be communicated by the Governor, Mr. Babajide Sanwo-Olu.
The commissioner urged law-abiding residents to continue their lawful activities without hindrance, assuring them that adequate notice would be given before the exercise was reintroduced.
The monthly environmental sanitation, previously held on the last Saturday of every month between 7.00 a.m. and 10.00 a.m., was suspended in November 2016 following a legal pronouncement restricting movement during the exercise.
However, renewed waste management challenges, including clogged drainage channels and indiscriminate refuse disposal, have sparked calls from residents for its reinstatement.
The Managing Director of the Lagos Waste Management Authority (LAWMA), Dr Muyiwa Gbadegesin, says sweeping reforms and infrastructure upgrades have significantly improved waste collection efficiency across the state.
Gbadegesin disclosed this to newdmen last week in Lagos state.
He said LAWMA expanded night cleaning operations and increased street sweeping coverage to 1,000 routes statewide.
He disclosed that 16,000 street sweepers were currently engaged across Lagos, supported by improved logistics and operational systems.
He said LAWMA acquired new equipment three years ago to complement Private Sector Participants (PSP) compactors and rehabilitated old trucks to strengthen fleet capacity.
He added that additional compactor trucks were expected in the coming months.
“Heavy-duty equipment is now deployed to clear legacy illegal dumpsites across communities,” he said.
Gbadegesin said LAWMA strengthened human capacity by expanding its advocacy department and deepening collaboration with Community Development Associations (CDAs) and local councils.
He revealed that each local government now operates a waste management task force, supported by LAWMA integration desks.
On waste-to-wealth initiatives, he disclosed that the Lagos State House of Assembly had ratified a concession agreement with ZoomLion to construct transfer loading stations and material recovery facilities.
The facilities, he said, would enable closure of the Olusosun and Solous landfills and process 4,000 tonnes of waste daily.
He said organic waste, which constitutes about 50 per cent of Lagos waste, would be converted into compost, while plastics would be recycled into waste bins.
Gbadegesin also disclosed plans for a 1,500-tonnes-per-day waste-to-energy plant in partnership with a Dutch firm, Harvest Waste.
He said the project was expected to generate 60 megawatts of electricity to support emerging industrial zones.
He further highlighted a pilot biogas plant at the Epe Food Market, which processes 500kg of organic waste daily to generate electricity for market operations.
He called for stronger media collaboration to enhance public awareness and behavioral change.
“Waste management is not just about equipment; it is about human behaviour, enforcement and strong regulatory systems,” he said.
He urged residents to utilise LAWMA’s toll-free lines and digital platforms to report service gaps instead of resorting to illegal dumping.
The Federal Ministry of Environment last Thursday convened key stakeholders in Abuja to validate a landmark policy brief aimed at tackling marine litter to advance Nigeria’s transition to a circular economy.
Mrs Falmata Bukar-Kolo, the Deputy Director, Solid Waste Management and Technology Division in the ministry, warned that plastic pollution poses serious risks to aquatic ecosystems and public health.
She stated that microplastics have already entered the food chain through fish consumption, while clogged waterways, soil contamination, and greenhouse gas emissions from burning plastics are worsening the environmental crisis.
Bukar-Kolo said that plastics, though widely used, are non-biodegradable and persist in the environment for years.
She called for improved waste management systems, stronger enforcement of environmental regulations, and behavioural change amongst citizens and businesses.
Mr Clem Ugorji, Regional Coordinator of PROTEGO, emphasised on the urgency of action, saying Nigeria’s marine litter crisis carries environmental, economic, and reputational costs.
He expressed optimism that the 2025 to 2040 roadmap endorsed at the workshop would shift the country from prolonged dialogue to concrete implementation.
The event was organised in collaboration with PROTEGO (Prevention of Marine Litter in the Gulf of Guinea).
Discussions centred on a draft policy input paper titled “Policies, Institutional Set-up and Financing of Marine Litter Prevention in Nigeria,”.
These seeks to present insightful analysis and a set of recommendations to address the structural and financing gaps that have long hindered effective waste management, particularly plastic leakage from inland communities and waterways into the Atlantic Ocean.
The PROTEGO initiative is supported by the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection and led by adelphi, with implementation in Nigeria by WASTE Africa and the Nigeria Climate Innovation Centre (NCIC).
The policy brief is a key delivery for one of the programme’s four impact areas – building capacities of public stakeholders.
-
Politics3 days ago
2027: NIGERIANS FAULT INEC ON DIGITAL MEMBERSHIP REGISTER DIRECTIVE
-
Environment3 days agoLAWMA Director Says Sweeping Reforms Have Improved Waste Collection
-
Politics3 days ago
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
-
Politics3 days agoUmahi Dismisses Allegations On Social Media, Insists On Projects Delivery
-
Sports3 days agoAbia Not Sure To Secure continental Ticket
-
Politics3 days ago
NATASHA ELECTRIC VEHICLES INITIATIVE IN KOGI CENTRAL
-
Sports3 days ago
La Liga: Yamal Records First Career Hat-trick
-
Sports3 days agoPSG Extend Lead In Ligue 1