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Nigeria launches waste marketplace to boost circular economy

Barikor says the plan turns waste into jobs and innovation

admin by admin
October 30, 2025
in Economy, Human Interest, News
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Nigeria launches waste marketplace to boost circular economy

The unveiling ceremony of NWMP held in Abuja

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Nigeria Government has officially launched the National Waste Marketplace Programme, NWMP, a groundbreaking digital platform designed to revolutionize waste management, promote recycling, and stimulate green enterprise across the country.

The unveiling ceremony, which was held in Abuja on Thursday, brought together representatives from government, the private sector, academia, civil society organizations, and international development partners, including the European Union, EU, German Development Cooperation, GIZ, United Nations Industrial Development Organization, UNIDO, and United Nations Development Programme, UNDP.

The event was marked by addresses from key figures in Nigeria’s environmental sector, including Prof. Innocent Barikor, representative of the Legal Business School Sustainability Centre, and the Honorable Minister of Environment, Balarabe Lawal, who served as the guest of honor.

Barikor described the National Waste Marketplace Programme as an innovative step by the National Environmental Standards and Regulations Enforcement Agency, NESREA, to bridge environmental sustainability with economic opportunity through digital technology.

He said: “The National Waste Marketplace Programme represents our national resolve to harness innovation and partnership for sustainable waste management and a thriving circular economy.

Also read: Premium Blue Economy unveils plastic-to-diesel innovation

“It embodies the idea that waste, when properly managed, can drive growth, enterprise, and inclusion across society.”

The programme, he explained, aligns with the Renewed Hope Agenda of President Bola Tinubu, which emphasizes economic diversification, innovation, and effective governance. By connecting waste generators, recyclers, aggregators, and end-users in a transparent, traceable system, the initiative aims to transform waste from an environmental burden into an economic asset.

Delivering the keynote address, Balarabe Lawal hailed the initiative as a “landmark innovation” that formalizes Nigeria’s waste value chain.

“The National Waste Marketplace is an opportunity to close the gap in our waste management system by modernizing operations and advancing the principles of the circular economy,” the Minister stated.

He highlighted that millions of tonnes of recyclable materials are lost annually due to poor disposal practices a challenge that the NWMP seeks to address by creating economic linkages across the recycling ecosystem.

The Minister noted that the initiative aligns with several national and international frameworks, including the National Policy on Solid Waste Management, Extended Producer Responsibility, EPR, Programme, National Circular Economy Roadmap, and global agreements such as the Basel Convention and the Paris Agreement.

“This programme will not only promote responsible production and consumption but also contribute to achieving the Sustainable Development Goals, SDGs, — particularly Goals 6, 8, 9, 12, 13, 14, and 15,” he said.

The Minister also acknowledged the Recycle Start Nigeria Limited, NESREA’s technology partner, for its role in developing the digital infrastructure behind the platform.

“The success of this programme demonstrates how regulatory reform, private sector participation, and technological innovation can converge to deliver environmental and economic benefits,” Lawal said.

He urged all stakeholders government agencies, private sector players, recyclers, investors, and civil society to take ownership of the National Waste Marketplace Programme.

He said: “By working together, we can build a more organised waste management system that promotes accountability, creates jobs, and safeguards our environment.”

Through the NWMP, waste will no longer be seen as refuse but as a resource for value creation. The platform enables efficient trading of recyclable materials while ensuring traceability and accountability across the waste management chain.

Barikor emphasized that the system will empower youth and small businesses, stimulate investment, and expand livelihood opportunities in local communities.

“This initiative gives practical expression to our collective aspiration for a cleaner, more prosperous Nigeria where waste management becomes a driver of innovation and employment,” he said.

Both speakers expressed gratitude to Nigeria’s development partners including GIZ, UNDP, UNIDO, and the European Union for their continued collaboration and technical support in promoting circular economy initiatives.

The launch of the National Waste Marketplace Programme marks a defining step in Nigeria’s transition toward a circular economy, one that prioritizes innovation, sustainability, and inclusive growth turning the nation’s waste challenge into a powerful engine for green development.

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Tags: NESREANWMPPresident Bola TinubuUNIDO
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