The state’s Private Sector Participant (PSP) operators will be assisted in recapitalising by the addition of new trash evacuation vehicles to their fleet under a budgetary plan for 2023 that Governor Babajide Sanwo-Olu has authorised.
The Lagos Waste Management Authority’s (LAWMA) Managing Director and CEO, Mr. Ibrahim Odumboni, issued a statement concerning this development on Thursday in Lagos.
According to Odumboni, the state’s recyclers would have access to the instruments they need to operate, thanks to the governor’s authority.
As a result of the recapitalisation, according to Odumboni, Lagos State would be able to manage the 13,000 metric tonnes of rubbish that are produced every day while also making the environment cleaner and more livable for its citizens.
He clarified that the recapitalisation would assist in addressing the majority of the issues PSP operators were encountering, such as the exorbitant cost of new waste evacuation vehicles that many PSP operators could not afford to replace their deteriorating fleet with.
“The Lagos State Government’s plan is to provide the PSP operators with low-interest loans to purchase new trucks.
“The government will also provide technical assistance to the PSP operators to help them
manage their fleet more efficiently.
“It will also stimulate economic growth by providing opportunities for small businesses to thrive.
“By providing the PSP operators with
low-interest loans, we are giving them the opportunity to expand their businesses and create more jobs,” Odumboni said.
The head of LAWMA stated that the Lagos State Government intends to empower recyclers in the state in addition to recapitalising the industry.
He said that in order for recyclers to do their jobs well, the government would give them the necessary tools and equipment.
“This will include providing them with necessary equipment that will help them to sort, process, and
recycle waste,”
“The aim of this initiative is to reduce the amount of waste that ends up in landfills.
“By empowering recyclers, the government hopes to create a more sustainable waste management system in the state.
“We want to create a situation where waste is seen as a resource, not as a problem,” Odumboni said
Considering that the state currently has more than 100 recyclers, he claimed that the recycling programme that the current administration had started had taken hold.
According to him, LAWMA has enlisted the help of the governor and invited local stakeholders from the 20 Local Government and 37 Local Council Development Area to talk about sustainable waste management.
