Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,304 members, 7,780,720 topics. Date: Thursday, 28 March 2024 at 08:38 PM

Uk Endorses More Foreign Direct Investments Into Lagos - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Uk Endorses More Foreign Direct Investments Into Lagos (13542 Views)

What Igbos Need To Understand About Foreign Direct Investment. / Ikpeazu: Foreign Direct Investments And A Governor’s Strategic Thinking / Peter Obi Lied On Foreign Direct Investment-fdi (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Uk Endorses More Foreign Direct Investments Into Lagos by Lanrelagboi: 9:53pm On Feb 15, 2021
. . . As Dep. High Commissioner, Top LASG Officials Tour Proposed Waste-To-Energy Facility

The British Government over the weekend gave a seal of approval for more foreign investments in Lagos, as plans get underway for the take-off of the first waste to energy plant in the State.

The Deputy British High Commissioner in Nigeria, Mr. Ben Llewellyn Jones, gave the official nod when he spoke at Igando Refuse Dumpsite after a guided tour of facilities of the West African ENRG, alongside State officials, led by the Commissioner for the Environment and Water Resources, Mr. Tunji Bello.

In his words: “Though some people think about Nigeria and investments and look the other way, we say ‘look this way’. We will help you and it is a real opportunity here as it is being demonstrated today and even opportunities to grow beyond even what is being achieved now, which is so fantastic”.

“It is absolutely outstanding what is being achieved using British technology, finance and real great Nigerian drive and expertise to create something special that is really going to grow and grow”, the diplomat added.

Jones reiterated that so many issues of climate change, the challenge of pollution, challenge of drainage and of plastics getting into the drains cropped up at the site but are being solved by the West African ENRG waste conversion facility, which is so impressive.

The Commissioner for the Environment and Water Resources, Mr. Tunji Bello, while welcoming the team, said the quest of West African ENRG to move from waste-to-wealth to establishing the first waste-to-energy facility speaks volumes about the conducive business atmosphere in Lagos.

Bello, who was with the Permanent Secretary, Environmental Services, Mrs. Belinda Odeneye, and LAWMA MD, Mr. Ibrahim Odumboni, said West African ENRG came to Lagos in 2014 and had its waste conversion plant unveiled by Governor Fashola in 2015, saying the company now plans to set up a waste-to-energy plant.

“There were some intervals of difficulties, that we have now successfully overcome. Now, we have been able to restore all that they started with. They have also improved a lot of things. You must have observed during the inspection today a lot of conversion processes from waste to plastics, rubber, cans and bottles”, Bello stated.

The Commissioner said from the brief and visual clips on the proposed waste-to-energy project presented by West African ENRG, it is clear that if the organisation gets more enablement, it would make further progress in waste conversion.

“Lagos has always been a Mecca of investments. What we just need to do is to make sure that infrastructural developments are accelerated and substantial progress is being made in that regard. We have the roads, water and other infrastructural facilities ready”, he emphasised.

While taking the guests round, the CEO of West African ENRG, Mr. Paul O’Callaghan, said his organisation plans to invest about $125 to $150 million dollars to build a 25 megawatts waste-to-energy facility that would process 2.5 tonnes of waste daily.

“At the moment, it takes three to four hours in the dry season to tip waste at the open landfill site to the wet season that takes as much as 24 hours depending on the weather. We are committing to under 30 mins and aiming for 15 minutes turnaround time”, O’Callaghan explained.

He said the new project means the PSP will move from houses to the waste-to-energy facility and within 15mins will be back on the streets collecting wastes, thus creating better economy for the PSP and a quicker and cleaner Lagos State.

O’Callaghan, who was in company of the COO, Lolade Oresanwo, expressed readiness to convert the Olusosun dumpsite to a waste-to-energy facility that would be built to British standards in terms of emission control if closed down, adding that it would take approximately 20 months to complete after groundbreaking.

The Managing Director of LAWMA, Mr. Ibrahim Odumboni, who was part of the team, expressed confidence with what he saw, maintaining that there is capacity to cope with the level of recyclables that will be generated from the society while sorting from source.

“For me, this is an encouragement for us to give them an enabling environment to do something similar around here and other parts of Lagos, so that we can bring development and prosperity to the circular economy within the State.

“We want to have the first waste-to-energy plant in Lagos before the end of the year. So, following today’s visit, we are in discussions to be able to give them a Letter of Intent, with the possibility of signing an MOU as soon as possible to commence a step towards waste-to-energy for Lagos State”, the MD explained.

https://lagosstate.gov.ng/blog/2021/02/15/uk-endorses-more-foreign-direct-investments-into-lagos/

5 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Odua1stson: 10:42pm On Feb 15, 2021
Haters want lagos to fall but they can never succeed

38 Likes 4 Shares

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Nigeriabiafra80: 10:51pm On Feb 15, 2021
Uk
What concern colonial master and a republic

1 Like

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Tunde835(m): 11:12pm On Feb 15, 2021
Just hope we get stable power
Re: Uk Endorses More Foreign Direct Investments Into Lagos by cocolacec(m): 11:20pm On Feb 15, 2021
Nigeriabiafra80:
Uk
What concern colonial master and a republic

Republic is their company.

9 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by sweetonugbu: 5:22am On Feb 16, 2021
Good news

1 Like 1 Share

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Heiting: 5:22am On Feb 16, 2021
Nigeriabiafra80:
Uk
What concern colonial master and a republic
They have interest
Re: Uk Endorses More Foreign Direct Investments Into Lagos by Nobody: 5:23am On Feb 16, 2021
Nigeriabiafra80:
Uk
What concern colonial master and a republic

But if the uk invests in your home state....

20 Likes 3 Shares

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Kingrefreshed: 5:23am On Feb 16, 2021
Lanrelagboi:
. . . As Dep. High Commissioner, Top LASG Officials Tour Proposed Waste-To-Energy Facility



https://lagosstate.gov.ng/blog/2021/02/15/uk-endorses-more-foreign-direct-investments-into-lagos/

Witch UK Uk Wey still dey struggle under Corona virus issues.

2 Likes 1 Share

Re: Uk Endorses More Foreign Direct Investments Into Lagos by BUSHHUNTER: 5:23am On Feb 16, 2021
Systemic Modern Day Slavery

4 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Swuapideas: 5:23am On Feb 16, 2021
Okay
Re: Uk Endorses More Foreign Direct Investments Into Lagos by PHijo(m): 5:23am On Feb 16, 2021
Until private capital starts pouring into Nigeria, Nigeria remains a pariah.

2 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by GeneralPula: 5:24am On Feb 16, 2021
Good one !

Flatinoz will always be put to shame, where they belong..

8 Likes 3 Shares

Re: Uk Endorses More Foreign Direct Investments Into Lagos by chinavs9ja(m): 5:25am On Feb 16, 2021
It is good



Check out my signature
Re: Uk Endorses More Foreign Direct Investments Into Lagos by Nobody: 5:25am On Feb 16, 2021
They want to come and invest in waste because Nigeria is the most dirtiest country in the world.Well,this is talk on paper.

2 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Nobody: 5:26am On Feb 16, 2021
Kingrefreshed:


Witch UK Uk Wey still dey struggle under Corona virus issues.

Bros, business must be done, even in the midst of a pandemic.

Plus, with the way the worlld is interconnected, people can be conducting business from their house without having to fly out to the actual site.

Are you sure you are in the 21st century yet, oga?

5 Likes 1 Share

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Nobody: 5:27am On Feb 16, 2021
BUSHHUNTER:
Systemic Modern Day Slavery

The UK also invests in many other countries, including the US, europe, etc..so I guess the Americans and the Europeans are their...slaves.

12 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Nobody: 5:29am On Feb 16, 2021
Nice
Re: Uk Endorses More Foreign Direct Investments Into Lagos by RichDad1(m): 5:30am On Feb 16, 2021
Lagos will keep growing. Shame to those that wants it in ruins.
Awon Omo ale.

9 Likes 1 Share

Re: Uk Endorses More Foreign Direct Investments Into Lagos by RichDad1(m): 5:31am On Feb 16, 2021
BUSHHUNTER:
Systemic Modern Day Slavery
Continue wailing.

9 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Olominira(m): 5:36am On Feb 16, 2021
Lagos is a state that has vision, I think Akwa Ibom is following recently, then Oyo. Tinubu is the Master planner. This is obvious.

4 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by SmartPolician: 5:42am On Feb 16, 2021
Odua1stson:
Haters want lagos to fall but they can never succeed

So, this is all your dust-filled brain could muster?

You don't necessarily have to comment in some threads, you know.
Re: Uk Endorses More Foreign Direct Investments Into Lagos by JoeEeL(m): 5:42am On Feb 16, 2021
Odua1stson:
Haters want lagos to fall but they can never succeed

I have spent 20-sth years of my life in Lagos. And uhm, the most basic of amenities, free potable pipe-borne water, has been out of reach all my life.

Do I qualify as an hater too?

1 Like

Re: Uk Endorses More Foreign Direct Investments Into Lagos by Racoon(m): 5:44am On Feb 16, 2021
Commendable! This will definitely improve revenue drive hence economic development of the state.
Re: Uk Endorses More Foreign Direct Investments Into Lagos by HotPoundedYam(m): 5:45am On Feb 16, 2021
b
Re: Uk Endorses More Foreign Direct Investments Into Lagos by Kingrefreshed: 5:52am On Feb 16, 2021
Vardanes2:


Bros, business must be done, even in the midst of a pandemic.

Plus, with the way the worlld is interconnected, people can be conducting business from their house without having to fly out to the actual site.

Are you sure you are in the 21st century yet, oga?

Hey! Listen!! We are talking about the UK wey currently dey on lockdown doing business currently in Nigeria.

Your weed supplier add something for this last supply he gave you.
Re: Uk Endorses More Foreign Direct Investments Into Lagos by adioolayi(m): 5:52am On Feb 16, 2021
Lagos State is actually a Country in a Country

4 Likes

Re: Uk Endorses More Foreign Direct Investments Into Lagos by DeMonk: 5:54am On Feb 16, 2021
God bless Nigeria, We must resist giving up on this country.

(1) (2) (3) (Reply)

Police Return To APC Headquarters, Warring Leaderships Desert Secretariat / FG Signs Extradition Treaty With Italy / Femi Adesina: You Can’t Force Buhari To Make Public His Assets Second Time

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.