LASG Promises Policies to Drive Full Transition of Circular Economy
The Lagos State Government has pledged its commitment towards developing and implementing policies to achieve full transition to a circular economy.
The Governor of the State, Babajide Sanwo-Olu, explained as a government, it is building a system that aims to eliminate waste and pollution, circulate products and materials at their highest value in its bid to regenerate nature.
Sanwo-Olustated this at a conference organised by the office of Climate Change and Circular Economy of the State tagged ,“The Economy of Lag os Opportunities, challenges and unlocking strategies”
Represented by the Commissioner for Ministry of Economic Planning and Budget, Moropefolu George, he said as a government, it would also continue to raise public awareness and educate stakeholders about the benefits of the circular economy and its potential to address environmental and economic challenges, promote innovation and research to develop solutions tailored to the specific context of Lagos.
He added that the state government would also advocate for significant investments required to develop the necessary infrastructure, technologies, and capacity building initiatives to support a circular economy transition by partnering with the private sector.
“Realising the immense benefits inherent in transitioning to a circular economy, in July 2023, this administration launched the Circular Economy Hotspot in Lagos and pioneered the transformation of the current production order towards regeneration and sustainability. We have seen a rejuvenation of a hitherto slow green sector that now has new jobs and businesses created by fresh investment in innovative technologies and infrastructure for waste management, resource recovery, and empowered entrepreneurs who are developing sustainable businesses,” he said.
Earlier, the Special Adviser to the Governor of Lagos State on Climate Change and Circular Economy, Titi Oshodi, said the inaugural session is a groundbreaking initiative aimed at mid-wifing the vision of the State government’s move to achieve a zero-carbon Lagos by 2050, through the growth and development of the circular economy sector.