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Lagos Signs MoUs with Investors to Boost Plastic and Tyre Recycling

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Lagos Signs MoUs with Investors to Boost Plastic and Tyre Recycling

The Lagos State Government has signed three strategic Memoranda of Understanding with private investors to boost recycling of plastic waste and end-of-life tyres. This initiative is part of the state’s ongoing waste-to-wealth agenda aimed at promoting sustainable environmental practices.

The agreements were signed during the 11th Lagos International Climate Change Summit, signaling a shift from conventional waste disposal methods to a circular economy approach. The summit hosted sessions with global experts, culminating in the high-profile MoU signings. The move is expected to significantly reduce waste volumes destined for landfills across Lagos State.

Mr. Kunle Adeshina, the Director of Public Affairs, described the step as a clear demonstration of Lagos’s dedication to advanced waste conversion. Meanwhile, Commissioner for Environment and Water Resources, Mr. Tokunbo Wahab, reiterated the state’s commitment to turning waste into economic opportunities.

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