₦airaland Forum

Authortee:
"Plastics and plastic articles which accounts for 3.2% of Nigeria's annual import gulped up $1.5 billion in 2019," Damilola, CEO of Deo-Enterprise, a company creating awareness about an untapped gold-mine in Nigeria.

Many tonnes of plastic waste pollute our major cities, but the paradox of the situation is that it presents an incredible opportunity for entrepreneurs to create immense wealth. Take a ride through the Lagos metropolis or other commercial centres like Port Harcourt, Benin, and others, and you will see piles upon piles of plastic garbage, yet few understand the potentials of those pollutants generating millions of naira as profit.

You can enter the business by either setting up a recycling plant or simply collecting and distributing waste plastic. It is usually easier to start with collecting and distributing, which will help you gain a good understanding of the whole business. The first thing to consider is what type of plastic are recycled? Our investigations show that Polyethylene Terephthalate (PET) are the easiest to recycle and commonly accepted by recycling plants. These are the bottles used for coca cola drinks, bottled water and other similar products. These recycled by-products can be used to make products like bags, ropes, furniture, combs, car bumpers, and of course, plastic bottles. This does not mean that other types of plastic cannot be recycled, but PET comes tops and is more easily available.

Having identified the prized waste to target, it is then important to have a good strategy to collect plastic waste. Event centres are a good target to collect plastic bottles and other types of plastic. Most event centres in cities are booked with events weekly, and drinks are usually packed in PET and other plastics. So, after events you can negotiate with the organizers and pack all those wastes to your dump or storage site. You can also put in place robust arrangements with restaurants, hotels and bars to collect their waste. Then also, the popular dump sites across the city could be the main sources of waste collection. As a beginner, you can also liaise with numerous scavengers and waste collectors who are already in the business to save yourself initial startup hitches.

From your dumpsite, you can sell directly to recycling plants but you can also do some more processing to earn more money. First, you earn more money by cleaning and sorting the plastic waste before you sell. You can as well make much more profit by purchasing and baling and cutting machine, which you will use to compress the plastic to smaller sizes. Adding this value gives you more profit as the recycling plant will be more interested with this stage of the product.

To still make more money, you can grind the product after baling and cutting for higher returns. First, the recycling plant will pay more for this stage of the product, and secondly, you may end up paying less for transportation to the recycling plant as the plastic is compressed and your vehicle can move more kilograms in the available space. Equipment required for bailing, cutting and grinding may cost up to N3m, depending on the make and type.

However, the dream of many people in the business would be to set up a recycling plant. It is a no brainer that the entrepreneur will make more money from processing the waste and producing or selling to manufacturers of the end product. There is yet more opportunity in this stage of production. Nigeria, as well as other countries, used to export thousands of tonnes of waste to China every year. The waste was processed and used in making pipes, carpets and other products. But that business has come to an end since China banned the importation of solid waste like mixed paper, plastic bottles and 24 types of solid waste. It therefore presents a huge opportunity to develop Nigeria’s recycling industry.

Some Chinese companies are already investing millions of dollars to start up recycling plants in Nigeria, and it is important that local entrepreneurs also see the opportunity and grab it. What we used to do was export plastic flakes and import the end product from them. Now, we can boost our economy by processing and producing here in Nigeria. We generate up to 30 million metric tons of waste annually and out of this figure, 2.5million metric tons are plastic waste. Lagos alone accounts for almost half of the total waste. Establishing recycling plants will also create employment as well as improve the environment by reducing pollution and improving the ambiance. An average recycling plant may cost between N20m to N30m.

Waste is piling up and with our population of over 170 million people the dumpsites will keep growing, so participating in the huge plastic recycling business is a sustainable and profitable venture.

DOE: De-Olivette Enterprise is organizing a 1 week seminar to train budding young Nigerians about this new untapped market. The program is totally free and encourages mostly young women to attend the seminar. You can learn more about the program by visiting their website: doe.com.ng

Cof1ex:
yeah I plan taking my time, do a thorough research with a business plan.... thanks so much, I really appreciate.

lanreni:
There's a legit opportunity I can give to you straight up and for anyone else who is also interested.
You can actually buy a standard plot of land (648sqm) for less than #500,000 (Since we are working with your budget. There are other lands in other places whose prices are more than 500k budget)
Secondly, you will be paid 5% of the amount you used to buy the land, for the next 6months monthly.
It means after 6 months, you would be having a plot of land with your name and some money to do other things with. No referral needed. No hidden charges involved.
Note: This offer is valid till August 31st, 2020, but that doesn't mean you should wait until last minute o!
Contact me on 0-8-1-3-1-1-8-2-7-3-5

kahal29:
Our women are ready to sweep out an incompetent government that failed on all its promises and wasted time and resources on meaningless conflicts, violence, and self-aggrandizement.


https://mobile.twitter.com/PastorIzeIyamu/status/1287327235012202496

nwachukwu9:
all this requirement for 5k

aikfrank:
You can earn up to N1,000,000 from each referral. Go to https://autocoins.ng and refer people to sell their Bitcoins there and get paid instantly automatically.

Ladipamela:
For real? I don't think that's enough reason to cheat. If that's your opinion then do you mean all married people would cheat?? Just asking tho

articleme:
sharp babe

dangermouse:
Amebo. Wetin concern u with who she marry?

Ihechiopara:
In two minutes, listen to how a juju made me empty my account. Such a bad experience.

https://gist.digital/gist/R6cZqUtACMAxG4zGfytT

*HOW A JUJU MAN MADE ME EMPTY MY ACCOUNT*

mmadu4:
So I just came back and I wanted to rest out of curiosity I lifted her bed and I found a bag I opened it and I saw this

But she'll always complain of not having money or being broke or low on food stuffs I'm waiting for her to get back


Fear women

Nbotee:
It is funny how ppl who aren't married seem to have an opinion about marriage

uuzba:
Ehn!?
You were in Primary 4 when he was still wearing napkin?

Una dey try o.

Gmailboy:
Obodo-Oyinbo on a platter of gold, pesin wey get head no get cap.. Took me years of formats and sleepless nights and multiple late night bombings to fly to odinary Cyprus...but we thank God sha.. Na him you come see dey search internet for answers.. Oga Dog for yankee ehn, e get hope pass pesin wey dey naija dey collect 400k monthly

taylor88:
No long Talk here I need strong advice We’ve been friends on Facebook for over two years I never asked her for a dime you wouldn’t know she was a man before surgery we do video calls I see boobs and pussy with beautiful face sexy body till she broke the most scary news to me

I took off stopped texting or calling her for a year now she came back last month with the communication told me she likes me(God forbid me that hates the word gay) offered to make all the necessary paperwork’s and send money to me to take care of my own parts here like passports and all the rest she even connected me to a Ghanaian man who married one of her nurse friend so the guy Dey always instruct me here too

She’s 34. Black American, tall and a Registered Nurse she Bought her own house lives alone in Atlanta promised to get me a job ASAP

But I can’t even swallow the thoughts of marrying or making love to a transgender I might throw up on just a mere thought but she’s serious and u know how this country hard reach

She wants to send money down here on Monday but I need the money but don’t want to go, what do I do now on the other hand I wouldn’t want to be tagged a scammer or played her for her money

I would have given it a chance if I had a brother or married with kids but I can’t right now

Guys what do I do Monday it’s almost here please advice

Penaldo:
Chimaobi Udeson is an Uber driver in Lagos and sharing his experience since he started driving, he wrote things one wouldn't naturally hear these days.


Using the platform of his Twitter account, Chimaobi wrote: "2 weeks of driving Uber in Lagos made me decide never to get married .......Majority of the ladies you meet are just Civilized Prostitutes...Majority.

"Imagine picking a corporately dressed lady from a hotel to another while she is on call with her fiancee all through and yet went rogue".

https://www.inform.ng/post/as-an-uber-driver-most-of-my-female-passengers-are-corporate-prostitutes

coded28:
Good afternoon my people, please if there is anyone that want to sell his bolt or Uber account or if u knw someone that want to sell, please I'm in need of one.

U can contact me: whatsapp or call: 08169419729
Thanks

Not9ce:
I beg who get Nokia big mouth charger?

DonCarlos1:
The animals sure love him, no pretense.