Local News

Circular Economy, Viable Alternative to FG’s Green Taxation Model

The Nigeria Climate Innovation Center (NCIC) is advocating a shift towards a circular economy as a more viable alternative to the green taxation model proposed by the government for single-use plastics.

This was contained in a new report, themed ‘Positioning Plastic Waste Recycling as an Inclusive Catalyst for Unlocking a Sustainable Circular Economy in Nigeria.’

While calling for implementation of an actionable policy on Circular Economy over Green Taxation on Plastic Waste recycling in the country, it added that the move will spur environmental sustainability and preserve the economy for clean production, smart agriculture, renewable energy, circular economy amongst others.

NCIC said, this comprehensive report explores the potential of a circular economy for plastic waste management in the country, highlighting the limitations of green taxation and presents the circular economy as a more holistic and transformative solution.

Speaking at an interactive session with Journalists in Lagos, the chief operating officer (COO), NCIC, Adamu Garba, said that plastic waste has become a critical environmental concern in Nigeria,  adding that, rapid population growth and urbanisation have exacerbated the issue, with plastic waste posing a serious threat to public health, ecosystems, and the overall well-being of Nigerians.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top