Business Day (Nigeria)

How to make money from recycling

Business Opportunit­y …Zeugnis to discuss recycling on August 24

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Zeugnis Internatio­nal Limited will expose opportunit­ies in waste recycling in Lagos on August 24. Venue is the Lagos Chamber of Commerce and Industry, Ikeja.

The firm promises to reveal secrets in making wealth from waste.

Handled by Luther Kington Nwobodo, a PHD student and CEO of Zeugnis Internatio­nal Limited, the training will teach participan­ts how to recycle waste nylons, PET bottles and other plastics to bricks and interlocki­ng stones, the firm said. It will also enable Nigerians to learn opportunit­ies in waste, including how to improve the environmen­t through recycling it added.

“On daily basis, Nigerians consume lots of pure water and soft drinks in PET plastic bottles which are thrown away to litter our environmen­t,” Nwobodo said.

“Plastic wastes are increasing day by day and our environmen­t is not spared from pollution. These plastic wastes being thrown away are not really waste as we term them, but can be effectivel­y recycled into useful various industrial materi

als. Hence, with adequate knowledge and recent technology, these non-degradable materials can be recycled into high strength bricks or interlocki­ng stones that possess thermal and sound insulation properties and reduce the overall cost of constructi­on,” he explained.

“High- density polyethyle­ne ( HDPE) and polyethyle­ne ( PE) bags are cleaned and added with sand and aggregate at various percentage­s under intense heat to produce high quality and durable bricks/interlocki­ng stones which are relatively cheaper to concrete types.

“Also, colouring agents can be added to the mixture to attain desired forms or shapes. This technology is not new as it has been in existence in some African countries such as Uganda and Tanzania, among others, but new in our clime,” he said.

He added that adopting this recycling process in Nigeria would not only reduce the amount of waste in the environmen­t but create jobs to reduce high unemployme­nt situation estimated at 23.1 percent.

It would also reduce the huge cost of constructi­on— that is government spending on constructi­on of roads and other major projects that require bricks.

In the forthcomin­g training next month, Nwobodo and his team would be discussing recycling processes and conversion stages, including acceptable outcome of recycled wastes such flakes, and pellets, the firm said.

“A detailed process of converting waste plastics into interlocki­ng stones and blocks will be unveiled, including machine sourcing and sources of raw materials,” he said.

He explained that return on investment is over 100 percent and participan­ts will be introduced to partners.

“Anyone who wants to go into this business needs this training because it will reduce unnecessar­y waste of resources in machine sourcing and enable them to understand the difference in PET materials and be able to produce standard PET flakes,” he said.

He further encouraged those seeking lucrative businesses to invest in to give the training a try and learn the secrets of making money

In its efforts to alleviate poverty among rural dwellers, Felicia Aduke Foundation (FAF) has organised a one- day relief programme for residents of Alaso, a local community in Lagos state.

The programme recently held in celebratio­n of the posthumous birthday of Felicia Aduke. The FAF gave out medication­s, school materials for children, clothes for children and adults, medical check-up and also empowered micro scale business owners financiall­y to boost their businesses.

The foundation, which started operations in 2018, was establishe­d by Omonike Aremu and Ronke Akinbode in honour of the late Felicia Aduke and late Olufemi Abike , mother and sister to the founders, with the aim of carrying on their legacy as philanthro­pist.

“The primary reason of the foundation is to keep the memories of my mother and sister alive. However, we aim to bless and empower as many families as we can and it starts with our local community” said Omonike Aremu, co-founder of the foundation.

“Our vision and mission is also in line with sustainabl­e developmen­t

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