Announcements Culture Environment Posted on

Anambra State Launches Plastic Waste Recycling Challenge: Community with Highest Collection Wins One Million Naira

Author admin 0 311

 

Anambra State Commissioner for Environment, Mr. Felix Odimegwu, announced an ambitious plan to create over 5,000 jobs through waste and plastic recycling. This initiative is part of the second edition of the Anambra Community Plastic Waste Recycling Challenge, organized in collaboration with the Anambra State Waste Recyclers Association (ASWRA).

Speaking in Awka, the state capital, Odimegwu emphasized that the administration, led by Governor Chukwuma Soludo, aims to recover 100,000 tonnes of plastic waste in 2024. The recycling efforts will help sanitize the environment and address ecological challenges such as erosion.

“The challenge will engage our 179 communities in a spirited competition to collect the most plastic waste. It will include awareness programs, clean-up drives, and innovative solutions to plastic waste management. We will recognize and reward the communities that demonstrate outstanding commitment to a cleaner Anambra,” he stated.

The prizes for this year’s challenge include:

– First Prize: One million Naira
– Second Prize: Five hundred thousand Naira

– **Third Prize**: Two hundred and fifty thousand Naira

This initiative aims to foster economic growth by creating indirect jobs in the industrial and environmental sectors while promoting sustainability.

 

#Anambra #RecyclingChallenge #Sustainability #EnvironmentalProtection #CommunityEngagement

Leave a Comment

Your email address will not be published.

You may also like

Business Economy Events Investments Posted on

OADC CEO, Dr. Tunde Coker, Named Among Global Top 100 Leaders in Digital Infrastructure by Capacity Media

Author admin 0 0
post-image

In a major recognition of African leadership in the global digital economy, Dr. Ayotunde (Tunde) Coker, Chief Executive Officer of Open Access Data Centres (OADC), has been named to the prestigious 2025 Power 100 list by Capacity Media, a leading global publication under the Techoraco brand.

The Power 100 is an annual list that recognises the most influential executives and thought leaders driving innovation, growth, and transformation in the global digital infrastructure landscape. Curated by Capacity Media’s editorial board and informed by peer nominations from across the industry, the list celebrates individuals who are setting new benchmarks in data centre development, cloud technologies, network services, and cross-border digital connectivity.

OADC, in an official statement, expressed immense pride in Dr. Coker’s inclusion, highlighting it as a testament to both his…

Read More
Announcements Business Culture Economy Posted on

Governor Sanwo-Olu Launches N10 Billion LASMECO Fund to Boost SMEs in Lagos

Author admin 0 114
post-image

 

Lagos State Governor, Babajide Sanwo-Olu, has unveiled a groundbreaking financial initiative aimed at empowering grassroots entrepreneurs and boosting the state’s economy. The program, known as the Lagos State Access to Finance for SMEs Through Cooperatives (LASMECO), was officially launched following a landmark agreement with the Bank of Industry (BOI) and Sterling Bank.

The N10 billion public-private fund will provide Micro, Small, and Medium Enterprises (MSMEs) with non-collateralized loans of up to ₦10 million at a competitive 9% annual interest rate. Beneficiaries will also enjoy a six-month moratorium period. The loans will be disbursed through verified cooperative societies, a move Governor Sanwo-Olu described as a strategic model to ensure both accountability and community impact.

Speaking at the launch, the governor said, “Today marks a significant step forward in our journey to build a more inclusive and resilient economy in Lagos State. This isn’t just about funding — it’s about removing systemic barriers…

Read More
Business Economy Posted on

NITDA, Google Hold Strategic Workshop to Accelerate Nigeria’s Digital Transformation Agenda

Author admin 0 243
post-image

In a landmark move to fast-track Nigeria’s digital economy and position the country as a global tech powerhouse, the National Information Technology Development Agency (NITDA) and technology giant Google have commenced a high-level two-day collaborative workshop. The event, which kicked off this week in Abuja, marks a pivotal step in actualizing a broader strategic partnership between the Federal Government and Google, following a significant meeting between President Bola Ahmed Tinubu and Google CEO Sundar Pichai in Paris on February 10, 2025.

The workshop aims to validate critical findings and refine a draft framework built around five transformative pillars that will guide the collaboration between NITDA and Google. These pillars include:

  1. Scalable Digital Infrastructure – Expanding and strengthening Nigeria’s tech backbone to enable widespread internet access and digital connectivity across urban and rural areas.

  2. Read More
Business Culture Economy Entertainment Events Software Tourism Travels Trends Posted on

Tayo Folorunsho Calls for Investment and Structural Reforms to Propel Abuja’s Entertainment Industry to Greater Heights

Author admin 0 124
post-image

Tayo Folorunsho, a leading Nigerian entertainment expert and Founder of Edutainment First International Ltd/GTE, has raised concerns about the challenges of running an entertainment business in Abuja. Despite the difficulties, he remains committed to overcoming these obstacles, urging for significant investments and coordinated reforms to unlock the full potential of Abuja’s entertainment industry.

Abuja, Nigeria’s capital city, is renowned for its political significance, booming real estate sector, and vibrant economy. However, Folorunsho, who has successfully run entertainment ventures in Lagos, notes that Abuja’s entertainment market is still in its infancy. Unlike Lagos, where the entertainment scene operates year-round, Abuja’s calendar is more limited, with events mostly concentrated around festive periods. This seasonal nature, coupled with inconsistent support from agencies and organizations, poses a challenge for entertainers and event managers seeking to build long-term businesses in the city.

In…

Read More
Business Economy Finance Fintech Posted on

CBN Governor Cardoso Highlights Nigeria’s Economic Progress, Reform Commitment at IMF/World Bank Spring Meetings

Author admin 0 222
post-image

By Anthony Emeka Nwosu


At the close of the 2025 International Monetary Fund (IMF) and World Bank Spring Meetings in Washington D.C., Central Bank of Nigeria (CBN) Governor Olayemi Cardoso delivered an optimistic and reform-driven message at a media briefing with Nigerian journalists, reaffirming Nigeria’s commitment to macroeconomic stability and inclusive growth.

Addressing the press, Governor Cardoso described the week as one of “highly productive engagements” with global financial leaders, international investors, and members of the Nigerian diaspora. According to him, the CBN delegation leveraged the global forum to spotlight Nigeria’s ongoing economic reforms and to explore strategies to deepen stability, enhance the financial sector, and stimulate broad-based growth.

“Thanks to the steps taken over the past 18 months, we have strengthened our monetary buffers and positioned Nigeria to better…

Read More
Business Culture Economy Posted on

Nnewi-Born Industrialist, Dr. Stella Okoli, Set To Commission ₦35 Billion Pharmaceutical Factory in Ogun State

Author admin 0 141
post-image

 

 

By Ada Lilian Sunday

From the industrious heartland of Nnewi in Anambra State, a town renowned for producing some of Nigeria’s most formidable entrepreneurs, comes yet another monumental achievement that reinforces the legacy of enterprise that defines the region. Dr. Stella Chinyelu Okoli, founder and Group Managing Director of Emzor Pharmaceutical Industries Ltd., is set to unveil a ₦35 billion Active Pharmaceutical Ingredients (API) manufacturing facility in Sagamu, Ogun State — a project that not only highlights her entrepreneurial foresight but also signals a bold step towards Nigeria’s pharmaceutical self-reliance.

Dr. Okoli’s journey is one deeply rooted in the enterprising spirit of Nnewi, often referred to as the “Japan of Africa” for its robust manufacturing culture. As a daughter of the soil, she has not only upheld but also elevated the town’s proud tradition of innovation and industrial excellence. With over four decades of business leadership, she has transformed Emzor from…

Read More
Business Economy Technology Technology Trends Telecoms Posted on

Oluremi Tinubu Commissions Cutting-Edge IT Centre in Honour of Onikepo Akande, Announces Rollout of 10 Additional Centres Nationwide to Drive Tech Inclusion and Economic Growth

Author admin 0 90
post-image

In a historic and forward-looking event, Her Excellency, Senator Oluremi Tinubu, the First Lady of the Federal Republic of Nigeria, officially commissioned a modern Information Technology (IT) Centre named in honour of a distinguished Nigerian icon, Mrs. Onikepo Akande. The facility, situated in a strategic location within the state, is designed to serve as a springboard for digital empowerment, particularly targeting women and young people—two demographic groups that have long been underserved in Nigeria’s rapidly advancing tech ecosystem.

The well-attended ceremony brought together prominent government officials, traditional leaders, members of the diplomatic corps, tech stakeholders, youth groups, and women-led organisations who all gathered to witness the unveiling of what is expected to become a landmark centre for skills acquisition and digital transformation.

In her keynote address, the First Lady underscored the importance of digital literacy and innovation in the…

Read More
Announcements Business Economy Posted on

ProvidusBank Launches N50 Billion Commercial Paper Program for Investor Subscription: A Crucial Move for Nigeria’s Economy

Author admin 0 367
post-image

ProvidusBank, one of Nigeria’s leading financial institutions, has announced the launch of a N50 billion commercial paper program, offering investors the opportunity to subscribe to short-term debt securities issued by the bank. The program, which will be available for investor subscriptions, is aimed at raising funds to support the bank’s growth and operations while contributing to the broader stability and growth of Nigeria’s economy.

Key Features of the Commercial Paper Program

The N50 billion commercial paper program is designed to raise funds for general corporate purposes, including working capital needs and the funding of key projects. The program will provide investors with a secure investment avenue while ensuring that ProvidusBank maintains the financial strength necessary to drive its operations and support Nigeria’s economic development.

The commercial paper is being offered with attractive interest rates and…

Read More