By Zeniat Abubakar, Abuja
The National Environmental Standards and Regulations Enforcement Agency has concluded plans to launch a digital marketplace for waste transactions, in line with the implementation of Circular Economy in Nigeria.
The platform, Waste Marketplace Nigeria is a collaboration between NESREA and Recyclestack for the digitization of Circular Economy in Nigeria.
Speaking on the project, the Director General of NESREA, Prof. Innocent Barikor said, “Waste Marketplace Nigeria will provides a transformative opportunity to digitize Nigeria’s waste economy while enabling regulation, accountability and economic empowerment.
Professor Barikor says the project is inline with the government focus on addressing environmental concerns through innovative solutions and partnerships.
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He added, “this joint initiative between NESREA and Recyclestack is well positioned to formalize the sector, create inclusive green jobs, drive investments and ensure environmental compliance. It is also in line with National Development Goals and will serve as a model for other African countries.”
Through Waste Marketplace Nigeria platform, NESREA plans to enhance digital inclusion and job creation for the informal sector, boost material recovery, reduce illegal dumping and increase the rate of recycling.
The platform targets to onboard at least 10,000 verified users within the first four months by serving as a data mining source in the waste management, it will
also strengthen compliance and enforcement of environmental standards.
The project will kick off in Lagos and Abuja, with subsequent roll out in major cities across the country.