Waste experts have said that Fast-Moving Consumer Goods, including food and beverage sectors, are losing N3tn annually to unrecovered packaging.
“This costs the FMCG and F&B industry alone N3tn in annual losses and regulatory exposures from unrecovered packaging,” he said.
He emphasised the need for a transformative approach to waste management in Lagos, driven by the city’s high level of consumption and waste generation.
This trend is creating more jobs in the renewable energy sector than in coal and nuclear energy combined, as well as fostering industrial innovation and decentralising power production,” Börner stated.
He remarked that inadequate and improper waste management remains one of the country’s biggest challenges, with circular economy solutions offering a way forward...
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