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Reimagining Waste in Nigeria: Fostering a Circular Economy
Nigeria faces a growing waste management problem. With rapid urbanization and increasing consumption, waste generation is exceeding capacity, leading to environmental pollution and health risks. Current estimates suggest Nigeria generates 32 million tons of solid waste per year, with only about 20-30 percent of it being collected and managed correctly
NCIC promotes a circular economy approach to waste management, aiming to minimize waste generation and maximize resource recovery.
NCIC supports the development and scaling of innovative ventures promoting circularity in the waste sector. Our programs, like the Cycle Plast Project, provide funding, mentorship, and market access to ventures addressing plastic waste challenges. This project, powered by The Coca-Cola Foundation, empowers waste pickers and helps channel clean PET plastic bottles into recycling activities. By supporting circular businesses, NCIC helps create a more sustainable waste management ecosystem
NCIC recognizes the need for a skilled workforce to implement circular waste management practices. We offer training programs and workshops, often in collaboration with partners like Coca-Cola, to equip businesses and communities with the knowledge and skills to adopt circular approaches. This empowers communities to manage waste effectively and explore opportunities for waste valorization
Access to finance remains a hurdle for many circular waste management ventures. NCIC bridges this gap by connecting entrepreneurs with potential investors through our network and programs. For instance, the Green Business Management Program provides tailored business development support to SMEs, helping them integrate green practices into their waste management strategies. This not only improves their environmental footprint but also enhances their financial sustainability by attracting investors seeking environmentally conscious businesses.
Leading and driving the growth of the Nigerian green economy in both the private and public sectors.