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Stakeholders, FG Sign MoU To Adapt Circular Economy In Plastic Mgt

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The Federal Government has signed an agreement with the Japanese Government and UNID to integrate circular economy into plastic waste management.
Specifically, the agreement is aimed at promoting the integration of circular economy principles and practices into plastic waste management, strengthen plastic value chains, and demonstrate the benefits of adopting circular economy practices and resource-efficient production of plastic value chains in Nigeria.
Minister of State for Environment, Chief Sharon Ikeazor, who represented the Federal Government, noted that Nigeria, with a population of over 200 million people, generates about 32 million tons of solid waste per year.
According to her, “1.15 million tons of plastic wastes, with little or no segregation, was illegally dumped in open spaces including drainages, or disposed of with hazardous wastes such as health care wastes in dumpsites and burnt openly with an estimated 340 thousand tons ending up as marine litter.
“These unwholesome practices have been linked to the perennial flooding across the country, increased respiratory and cardiovascular diseases, increased incidences of cancer, loss of aquatic life, loss in agricultural productivity, etc.
“The large volume of plastic waste being generated in the country presents circular economic business opportunities across the plastic value chain which should be properly harnessed for job/wealth creation, establishment of micro, small and medium scale enterprises, private sector investment, including foreign direct investment, in addition to preventing/reducing plastic leakages to the environment”, the Minister stated
She continued that one of the ways to realise this potential is to “support the industry by demonstrating benefits of adopting circular economy practices with innovative technologies, including recycling technology or alternative material production.
“This project would, therefore, complement the efforts of our government in mainstreaming circular economy principles and practices into our National Development Plans”, she said.
In his presentation titled “Promoting Sustainable Plastic Value Chain through Circular Economy Practices in Nigeria”, Environment Expert, UNIDO Regional Office, Oluyomi Banjo noted that plastic litter is a major global environmental problem whose production has increased  exponentially.
According to him, plastics originated mostly from land but also released into the marine environment when improperly managed can travel thousands of miles and affects the ecosystem and blue economy.
“When mismanaged, plastics are source of GHG emissions, while open burning of plastics emits toxic chemicals”, he said.
The project, which has a duration of 36 months (2022-2025), is estimated to cost JPY 319,000,000 approximately USD 2,901,527.
The Federal Ministry of Environment are the main counterparts, while key partners are the Federal Ministry of Industry, Trade and Investment; National Environmental Standards, Regulations and Enforcement Agency; Abuja Environmental Protection Board (AEPB); Lagos State Waste Management Authority (LAWMA); Lagos State Environmental Protection Agency (LASEPA) in cooperation with Manufacturers Association of Nigeria (MAN), Food and Beverage Recycling Alliance, and Waste Management Association of (WAMASON).
In his remarks, the Ambassador of Japan to Nigeria, Matsunaga Kazuyoshi, noted that the project will enhance the Value of the Gulf of Guinea, Development of the Blue Economy and Prosperity of Nigeria
In a Goodwill address, UNIDO Representative and Regional Director, Nigeria Office, Mr Jean Bakole said the Organization will support the country and partners in translating the agreement into boosting industrial development.

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TTP Trains Customs Agents, Freight Forwarders On Eto App 

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In a concerted effort to tackle racketeering and reduce inflated transportation costs in the Nigeria’s seaports, Trucks Transit Parks Ltd. (TTP) has trained Licensed Customs Agents and Freight Forwarders on the use of its Ètò electronic call-up system.
The training was held recently at Customs Processing Centre (CPC) Auditorium, Apapa, Lagos, in collaboration with the Nigeria Customs Service (NCS) and supported by the leadership of the Joint Association of Licensed Customs Agents and Freight Forwarders (JALCAFF), Apapa Command.
Speaking at the event, Comptroller Babatunde Olomu expressed appreciation to TTP for facilitating the training and emphasized the need for customs agents to take personal ownership of the Ètò booking process.
“I want to thank TTP for this impactful training. I encourage all customs agents to begin doing their own bookings directly. By doing so, they can take back power from the unscrupulous elements exploiting their lack of knowledge, selling tickets at highly inflated prices,” Olomu declared.
He noted that empowering agents with hands-on training was key to dismantling racketeering networks that have plagued access to the ports and frustrated efficient logistics processes.
Also speaking, the Chairman, Apapa Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Chief Emeka Chukwumalu, said the engagement was critical to the ongoing push to reduce cargo transportation costs and ease business operations at the Apapa Port.
According to a freight forwarder, “The training is basically for us to have awareness of the operations of the Ètò call-up system through TTP. We also want to brainstorm on ways to reduce the high cost of cargo transportation in Apapa Port.
“This training opened our eyes to how simple it is to book tickets ourselves. We now know the right steps to follow and how to avoid falling victim to fraudsters.”
Earlier, Head of Operations at TTP, Mr. Irabor Akonoman, talked on common misconceptions about ticket pricing, reaffirming that the cost of Ètò bookings had remained consistent since its inception.
“The official price remains the same since inception. What people are paying higher amounts for is the manipulation by racketeers”.

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NECA Holds MSME Fair To Drive Growth 

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Towards strengthening small businesses and promoting a more supportive regulatory environment, the Nigeria Employers’ Consultative Association (NECA) says it will hold the 2025 edition of its flagship MSMEs Fair on Tuesday (May 6, 2025).
The event, themed, “Galvanising MSMEs for Economic Growth and Stability”, will take place at NECA House in Lagos.
According to NECA’s Director-General, Mr Adewale Smatt Oyerinde, the fair seeks to provide micro, small, and medium enterprises with essential tools, resources, and strategic networks to thrive in Nigeria’s challenging business climate.
He emphasised the vital role MSMEs play in national development, describing them as the “lifeblood of Nigeria’s economy.”
Oyerinde noted that the fair is designed to offer entrepreneurs practical solutions to navigate economic uncertainties, regulatory hurdles, and business scalability issues.
A major attraction of this year’s event is the keynote address by the CEO of FATE Foundation, Mrs. Adenike Adeyemi, a prominent advocate for MSME development.
She is expected to share transformative insights on innovative strategies for sustaining and growing small businesses in Nigeria.
A unique feature of the fair will be interactive sessions with key regulatory bodies. Entrepreneurs will engage directly with agencies responsible for licensing, compliance, taxation, and business registration.
NECA said these sessions aim to demystify bureaucratic processes and foster a more enabling business environment.
It also said the fair will provide a platform for entrepreneurs to exhibit their products and services, connect with potential investors, and explore new markets.
It added that participants would gain critical knowledge on digital transformation, access to finance, and strategies for sustainable business growth.
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· NECA stressed that the fair aligns with its broader mission of promoting enterprise development and economic resilience.
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· “By empowering MSMEs with the right support and information, the organisation aims to stimulate job creation, innovation, and long-term economic stability”, NECA said.
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· The 2025 MSMEs Fair is expected to attract a wide range of stakeholders, including financiers, tech experts, regulators, and industry leaders, all united in advancing the growth of Nigeria’s MSME sector.

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Over 2m Passengers Board Blue Rail Train – Commissioner 

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The Lagos State Commissioner for Transport, Mr Oluwaseun Osiyemi, says over two million passengers have been transported on the Blue Line Rail since its launch, while state-run buses move an average of 42,000 commuters daily.
Osiyemi, who disclosed this during the Year 2025 Ministerial press briefing held at the Bagauda Kaltho Press Centre, Alausa, on Tuesday, noted that the Lagos State Transport Policy, launched in May 2024, was now in its implementation phase, focusing on inclusivity, safety, affordability, and sustainability.
“On rail development, Phase One of the Blue Line (Marina to Mile 2) has served over two million passengers, with Phase Two (Mile 2 to Okokomaiko) in progress.
“Phase One of the Red Line (Agbado to Oyingbo) is now operational with eight stations and additional rolling stocks procured, while Phase two (Oyingbo to link Blue Line at National Theatre) is underway”, he said.
The Commissioner said in the state-owned bus operations, over 60 million commuters have been served since 2019, with daily ridership exceeding 40,000.
He also said plans were on to deploy new buses with Quality Bus Corridors under construction, adding that the Abule=Egba Bus Terminal had also been commissioned.
“For water transport, 15 locally-built Omibus Ferries have been launched and are in operation, with the Ijegun Egba Terminal now open.
“The OMI EKO project, in partnership with the French Development Agency (AFD), will deliver 25 terminals and 78 electric ferries.
“Over 280,000 passengers have used ferry services in the past year, and 12 boats have been upgraded to meet safety standards”, he said.
On road infrastructure and traffic management, the Commissioner said 49 junction improvement projects had been completed, including ongoing ones at Ikorodu, Iju, as well as Allen-Opebi-Toyin axis.
He added that solar-powered Traffic Signal Lights, road markings covering 67.9km, new medians, laybys, and 3,941 parking lots had also been provided.
Additionally, Osiyemi announced that the deployed Automatic Number Plate Recognition cameras had detected over 470,000 traffic violations and that the Vehicle Inspection Service issued over one million roadworthiness certificates.
He also said that the Lagos State Drivers’ Institute trained more than 32,000 drivers in the past 13 months.
The event marked the second anniversary of Governor Babajide Sanwo-Olu’s second term, showcasing major strides in the transport sector under the THEMES+ agenda.

Nkpemenyie Mcdominic, Lagos

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