What do you believe is the single most important factor driving up the cost of living in Nigeria?

In a statement, the firms stated that the novel approach addressed several pressing issues simultaneously.

It stated, “Firstly, it tackles the problem of UBC waste, which often ends up in landfills or littering the environment. By incentivising recycling, the scheme encourages residents to dispose of their waste responsibly. Secondly, it provides a sustainable income stream for locals, particularly in a city where economic opportunities can be scarce.

“Effective waste management is a critical challenge in many developing countries, where rapid urbanisation and population growth often outpace the infrastructure needed to handle the resulting waste. In cities like Lagos, waste frequently accumulates in streets, waterways, and informal dumpsites, creating environmental and health hazards.

“Traditional waste management systems struggle to keep up, and innovative solutions are urgently needed to address the growing problem.”

The statement noted that experts believed that such initiatives were crucial in addressing Lagos’ waste management crisis.

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