Lagos Targets New Wealth from Circular Economy

Idea aimed at minimising waste, creating sustainable production patterns’ — Sanwo-Olu

Lagos State is shifting to an innovative and sustainable consumption model, aimed at saving the future generations of resource scarcity.

The launch of Circular Economy Hotspot in Lagos on Wednesday pioneered the transformation of the current production order towards regeneration and sustainability.

Governor Babajide Sanwo-Olu formally unveiled the initiative at a conference organised by the state government in collaboration with Circular Economy Innovation Partnership (CEIP) and African Circular Economy Network.

materials in the loop for a long time.”

Sanwo-Olu disclosed that the state’s journey to circular economy began three years ago when Lagos brought stakeholders together on a roundtable to discuss options towards a resourceful and waste-free economy.

He said a technical working group on “Circular Lagos” was set up in 2021 to co-ordinate and facilitate the development of the initiative, while supporting and monitoring project implementation.

According to the governor, climate change tainting their future was exponentially higher. This simply meant there would be more people living with more scarcity in the future from the scarcity being created today.

“It makes sense to replace the current linear model of grab, use and dump to a circular model of feeding recycled materials back into the system.

The Netherlands is willing to provide the knowledge and capacity needed to build the circular economic model”, Sanwo-Olu said.

At the event, Lagos State Government signed a Memorandum of Understanding with Netherlands Circular Hotspot on technical cooperation and knowledge exchange towards accelerating the implementation of policies that will promote circular economy.