Nigeria’s efforts at turning waste to wealth is paying off, as over 10,000 direct and indirect jobs have been created in the recycling of pet beverages bottles.

This is even as the initiative has created million dollars in foreign exchange earnings to support the nation’s ailing economy.

The Executive Director of Lexsz plastics, Oba Olufemi Akowe, said the $8 million dollar factory located in Ogun state was established in 2011 and presently has over 400 direct staff and ten thousand local workers for the factories recycling plastics.

He noted that the company’s initial target was to export the recycled plastic fiber to China, which it has effectively done in the past eight years.

He said, “But now the company is set to expand and supply Nigerian industries that may need our products as their raw materials.

“The company’s products not only save a lot of energy and resources, but also effective for environmental protection areas in Lagos State and has contributed millions of dollars in foreign exchange earnings and job opportunity for many Nigerians.”

He added that the company had in its eight years of operation taken the lead in waste to wealth management by empowering Public, Private Sector Operations in clearing waste in the environment which are later bought and paid for by the company as raw materials.

“We rely on individual who go around the cities and towns picking wastes which are later sold to us. We also help governments in some South West states to clear theIR dump sites and even pay their agencies.” He said

Akowe explained that with the four production lines refining and processing, Lexsz production scale of PET bottles and preforms per year amounted to over 100, 000 tons thus meeting the major chemical Yangtze River Delta region of China class enterprise demand for a large number of raw materials.

He stated that since the company entered the plastics manufacturing business through waste recycling, it has played a prominent role in enhancing and consistently cleaning environmental waste in Ogun State and other surrounding states.

He however lamented that the government has not been supportive of private sector operators, who daily faced challenges of poor infrastructure, multiple taxation and others.

“We appeal for co-operation, support and a conducive business environment so that our business can flourish. We particularly appeal to our stakeholders to redouble their efforts by ensuring that our waste to wealth efforts through recycling of the environmental wastes are successful,” he said.

https://www.akelicious.net/2019/03/waste-to-wealth-recycling-factory.html

And someone will tell me Sai baba isn't working......
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Getting there

jobs coming through. nice one

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Hmmm, I know this company, quite doing well. Billions yearly revenue

kingemzy5:
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Zombi the $8 million dollar factory located in Ogun state was established in 2011

kingemzy5:
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He however lamented that the government has not been supportive of private sector operators, who daily faced challenges of poor infrastructure, multiple taxation and others.
Can u read

No food for lazy youths who are looking for free money.Sai baba karry go

Slow slow

[quote author=Okbaba post=76362789]
Zombi 2011 gej era
Zombi get a life biko

SweetBuns:
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Pls how did you do that thing in ur signature

kingemzy5:
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ESTABLISHED IN 2011

It has been helpful in the area of less drainage blockages in Lagos state especially. As simple as it looks,it is still expensive to run.

kingemzy5:
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The factory was established in 2011

What does Sai Baba have to do with that ?/

Keep moving forward 9ja

Waste to wealth is not really the best title.
That will have a lot of Nigerians jumping into the business thinking they can make millions in a year or two.
This sort of job needs passionate people.
The ones who survive in the business the most are those who know they are making a difference to the environment by reducing and/or converting waste.
The money will come eventually but getting people’s hopes up is not the best way.

kingemzy5:
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I can bet that you did not even read the post. SMH

No wonder we have more Scavengers everywhere. Anything that will grow the economy and help the people is welcome by me. Kudos to you guys. Keep it up

Not everything they write online is as it is, most of those recycling and production factories here in Ogun state are just struggling to cope now unlike before that the economy was still ok a bit. Most of them don't even produce daily and as a result don't employ much and the ones they already employed don't work everyday.

I own a cardigan made from recycled PET bottles.

Did read where it said the factory was established in 2011? where was your Sai Baba then?

kingemzy5:
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kingemzy5:
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U are sick and u need help....

Buhari was sworn in May 2015 and the company started recycling operation in Nigeria in the year 2011...

For the records, buhari never contributed a dime in the establishment of that company...

Telling someone “You’re shit” and “You ain’t shit” are both insults.
But “You are not shit” is a reassurance, “You’re not the shit” is an insult and “You’re the shit” is a compliment.

Ladies and gentlemen, I present to you English language.

kingemzy5:
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the company was established in 2011,buhari came in 2015,read the article again.

kingemzy5:
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He is since 2011 when this company was established.

kingemzy5:
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4G nko