ENVIRONMENT
Key Highlights
Estimate to provide 500, 000 jobs
Government plans to progressively increase waste processing capacity from 18% in 2011 to 60% in 2025
Largest producer of compost in Africa converting 600 tonnes of waste into compost
Over 50% of the waste generated in the state (biodegradable waste) can be used for compositing
Projected popeulation to be over 30million in 2025 with 0.5kg-0.65kg of waste generated/person/day
The growing population of the state generate a huge amount of waste to be recycled (about 17% of the total waste generated in the country)
Only a small percentage of watse is currently being recycled (18%). This leaves a large market to be penetrated.
About 60% of the waste generated in Lagos uncollected.
Increasing awareness of residenta on waste management procedures such as the seperation of waste through deployment of about 1,000 recycling banks in the states by the waste management authority.
Waste to Wealth Strategies
Waste Recycling
- A huge amount of waste is generated in the state of which a quarter of it can be recycled. Lagos state currently has a recycling capacty of about 18% with the potential to reach 60% in 2025. An integrated recylcing plant to recycle waste, Paper, glass and metals is neeeded to arrive at its full recycling potential..
- E-waste in the state amounts to over 50,000 tonnes. the State has a disposal site covering over 2 acres of land for the collection of this waste
About $12,500 (small scale); $50,000 (large scale) Spent largely on setting up the recycling plant
Payback Period: 3 years
ROI: over 30%
Waste to Energy
The growing population of the state generate a huge amount of waste to be recycled (about 17% of the total waste generated in the country)
the state with a potential to generate 25MW-30MW of electricity . The state has currently been able to generate 5MW of electricity through partnership seeks to improve on this with further investments
#15 milllion-$20 million Spent largely on setting up the recycling plant
ROI: over 30%
Payback Period: 3 years
Waste Collection
- Lagos state requires about 800 waste collection trucks for efficient transport of refuse. The state currently operates lesss than 500 trucks with the input of local companies. This leaves a shortfall of over 200 trucks.
About $150,000/unit of collection of trucks
Payback Period: 10 years
ROI: 10%-15%
Waste Recycling
- Lagos being the largest producer of compost in Africa converts 600 tonnes of waste genrated in the state, organice watse is over 50% with only 10% of this currently being recycled. The current plant converts 850 metric tonnes of waste yearly with less than 10million being supplied. The with less than 10million being supllied. The fertilizer generated can be sold within the country to a large market of local farmers.
Investment Required: About $20,000 million Spent largely on construction of compost
Payback Period: 30 years
ROI: 30%
Other Investment Opportunities
Integrated used oil collection and waste oil recycling plant
CURRENT STATUS
– Mismanagement of used oil in the state
– Poor collection system
INVESTMENT DEAL
– Establishment of a waste Oil Recycling Plant in Lagos
ADMINISTRATIVE AND LEGISLATIVE FRAMEWORK
– Lagos State Environmental Management and Protection Law 2017 VI
– There is a used oil and oily waste policy
AVAILABLE OPPORTUNITIES
With more automobiles and industries than most states in the country the volume of used oil generation will be substantial job creation for collections, transporters and recyclers
ENVIRONMENTAL IMPACT
Cleaner environment, water bodies will be safe from oil pollution lands will be free from indiscrimate oild pollution and soil degradation
AIR QUALITY MONITORING STATIONS AND A LAGOS STATE METEOROLOGICAL CENTRE
CURRENT STATUS
Lagos State depends on Nigeria Meteorological centre for its weather forecast which is often provided occassionally while Air Monitoring Stations are yet to be established in all LGAs
INVESTMENT DEAL
Establishment of State owned Meteorological and air monitoring stations
ADMINISTRATIVE AND LEGISLATIVE FRAMEWORK
– Lagos State Environmental Management and Protection Law 2017 VI
– The Agency (LASEPA) regulates Air Quality standards
AVAILABLE OPPORTUNITIES
With more automobiles and industries Research Studies, agriculture, weather forecast, flood predictions and lots more
ENVIRONMENTAL IMPACT
With constant review of air quality standards and weather forcasts safe communities in Lagos can be checked and abated.
Communal industrial effluent treatment plant (etp) in all industrial zones
CURRENT STATUS
There are no functional communal industrial Effluent Treatment Plant (ETP)
INVESTMENT DEAL
Establishment of communal industrial Effluent Treatment Plants
ADMINISTRATIVE AND LEGISLATIVE FRAMEWORK
– Lagos State Environmental Management and Protection Law 2017 VI
– The Agency (LASEPA) regulates effluent limitation standards and discharge permits
AVAILABLE OPPORTUNITIES
Partnership with industrial facilities in industrial areas of the states
ENVIRONMENTAL IMPACT
Discharge of untreated waste water is responsible for pollution of water bodies which imapacts negatively on entertainment and tourism potentials of the state.
Upgrade of agency laboratory services and a centre for energy research and development
CURRENT STATUS
The agency has a laboratory Services Department in analysing all environmental parameters and samples within the State
INVESTMENT DEAL
Upgrade of Agency Laboratory Services with modern equipment and as a centre for energy research and development in West Africa
ADMINISTRATIVE AND LEGISLATIVE FRAMEWORK
Lagos State Environmental Management and Protection Law 2017 VI
AVAILABLE OPPORTUNITIES
Offers laboratory services to public and private institutions within and outside the state
ENVIRONMENTAL IMPACT
Sampling and determination of analysis will provide quantitative report on the environmental status of the State ad Safety of the masses
Vehicular emissions regulation and monitoring
CURRENT STATUS
Vehicular pollution is increasing but testing capacities are inadequate for prosecution and enforcement
INVESTMENT DEAL
Partnership with the Agency on Vehicular Emission monitoring, testing and enforcement across the State.
ADMINISTRATIVE AND LEGISLATIVE FRAMEWORK
Lagos State Environmental Management and Protection Law 2017 VI
AVAILABLE OPPORTUNITIES
Job creation, training opportunities
ENVIRONMENTAL IMPACT
Clean air for Lagos State and improved life expectancy and public health
Mass production of biodegradable eco-friendly shopping bags to replace single use plastic bags
CURRENT STATUS
Pollution of drainages, water bodies and environment with single use of plastic bags
INVESTMENT DEAL
mass production of eco-friendly biodegradable bags produced by the Agency
ADMINISTRATIVE AND LEGISLATIVE FRAMEWORK
Lagos State Environmental Management and Protection Law 2017 VI
AVAILABLE OPPORTUNITIES
Collection and conversion of plastic materials into useful resource materials
ENVIRONMENTAL IMPACT
Cleaner environment, good drainages , plastic pollution free society