• Tuesday, September 17, 2024
businessday logo

BusinessDay

Lagos to embrace circular economy, empower marginalised communities -Sanwo-Olu

businessday-icon

Lagos State Governor, Babajide Sanwo-Olu has affirmed the state’s commitment to exploiting all the benefit of circular economy.

The governor made the affirmation while speaking at the close-out event of the ‘Leave No One Behind Initiatives,’ held at the Special Correctional Centre for Girls, Idi-Araba, Lagos over the weekend.

Sanwo-Olu, who was represented at the event by the state’s Commissioner for Economic Planning and Budget, Ope George, said the circular economy framework is not just an alternative but a necessity for sustainable development.

He said: “Our world is changing rapidly, and with it, the dynamics of our economies and societies. The circular economy framework is not just an alternative but a necessity for sustainable development. By focusing on reducing waste, reusing resources, and recycling materials, we create a system that benefits both the environment and the economy.

“This initiative has equipped our participants with the skills to thrive in such a system, turning challenges into opportunities and waste into wealth.

“The impact of this initiative goes beyond numbers. Each of the 20,000 girls and women who have participated in this program represents a story of resilience, ambition, and transformation.

“They have learned to harness their potential, to see value where others see waste, and to create sustainable livelihoods for themselves and their communities. They are now champions of change, pioneers in their fields, and role models for future generations.”

Read also: Sanwo-Olu denounces “IgboMustGo” planned protest in S/West

In her welcome address at the event, the governor’s Special Adviser on Climate Change and Circular Economy, Titi Oshodi, said the initiative is to create wealth, reduce carbon emissions, and create jobs across Lagos State.

According to her, Leave No One Behind Initiative has the potential to contribute to Lagos State’s economy through its innovative revenue-generating practices.

“The correctional centre for girls, now functioning as a collection centre, engages approximately 1,000 community members, collecting 200 kg of recyclables weekly. This operation not only supports community welfare but also aims to generate substantial revenue by converting waste into valuable resources.

“This emerging revenue stream will support Lagos State’s economic growth by promoting sustainable waste management practices and creating financial incentives for local communities”.

Oshodi stated that the initiative has had a profound impact on both social and economic fronts by empowering women to produce marketable goods from waste materials.