investment potentials in lagos state

8/13/2019 Investment Potentials in Lagos State

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Investment potentials and policiesof Lagos State.

DELIVERED BYOLA ORESANYA

MANAGING DIRECTOR,LAGOS WASTE MANAGEMENT AUTHORITY

LAGOS MEGA CITYBUSINESS EXPO 2008

September 2008


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Preambles Lagos is a mega city with a population estimate

of about 17,552,942 (2006 Census projection, byOffice of Central Statistics, Alausa).

Has an annual growth rate of 6 8%

The city of Lagos generates about 9000 metrictonnes of waste daily.

The generation per capital (GPC) is put at0.5kg/person/day.


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P I E C HA RT S HOW I N G T H E % V OL U M E D I S T R I B U T I O N OF WA S T E S T R E A M

V E G E T A B L E S

4 5 %

PA P E R S1 0 %

G L A S S

5 %

P L A S T I C S

1 5 %

M E T A L S

5 %

T E X T I L E S

4 %

F I N E S

8 %

P U T R E S C I B L E S

8 %


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The new Lagos Mega City waste management projection plan

2500 (800trucks)16,1000.723,000,000< 60,000km 22015

1200 (400 500 trucks)72000.418,000,000< 40,000km 22006

210 (70trucks)12500.255,000,00035,000km21990

100 (35 trucks)6400.23,200,00010,000km21976

6 (2 trucks)1800.12 (E)1,500,0001200km 21967

14 +0.1 (E)40,000> 200km 21945

TrucksTon/dayGeneration

rate/dayPopulationAreaYear


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PRIVATIZATION STRATEGY

Contracting/OpenCollection/Pre -collection

West (Ajegunle, Alimosho,Ojo etc)

Low Income

Contracting/FranchisingNorth East (Somolu etc.)Low Medium

DittoSouth Central (Surulere etc.)Medium

Concession/FranchisingNorth Central (Ikeja GRAetc.)

High Medium

FranchisingSouth East (V. I, Ikoyi etc)High Income

STRATEGYPREDOMINANT ZONESECONOMICGROUPS


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Efforts so far!!!

The State Government recently granted approval for theconstruction of a new landfill site in Epe (South East ofLagos), while 2 other sites are being proposed at Ikorodu

(NE) and Badagry (SW).

There are also 2 waste conversion plants in the State, theCompost plant at Odogiyan, Ikorodu and the PlasticRecycling plant at Ojo Local Government Area


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Challenges Climate conditions

Human Capacity Quality Capacity Building Cultural and Socio economic factors Budgeting Funding Technology Energy


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COM PARISON OF SW M BUDGET PROVISIONS IN SELECTED CITIES OF

THE W ORLD AS AT 2006

0

2

4

6

8

10

12

New York London Istanbul TEHRAN LAGOS

CITY

P E R C E N T A G E N e w Yo r k

L o n d o n

Is t anbu l

T E H R A N

LA G O S


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CHART SHOWI NG WAST E COLLECTION 1980-2007)

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

1 9 8 0

1 9 8 2

1 9 8 4

1 9 8 6

1 9 8 8

1 9 9 0

1 9 9 2

1 9 9 4

1 9 9 6

1 9 9 8

2 0 0 0

2 0 0 2

2 0 0 4

2 0 0 6

YEARS

T O N N A G E


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Construction of 20nos. Transfer Loading Stationsthroughout the State in the next 7years (2008 2015). Construction of additional 3 IWMF in the

metropolitan Lagos. Attainment of 35% compliance in zero waste initiativewithin the next 4 years.


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Investment Opportunities Solid Waste Management project and

programme in Lagos will requireinvestment to the tune of about N30billionand N40billion in capital and recurrentexpenditure respectively, within the next3years (2008 2011).


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3 458OTAL

420201321681202020Utility vehicles10

252379.2100.87280100Monitoringvehicles

9

283510089111348102730Plants/Equipment8

42050132168120810Resourcerecovery

7

262.5582.5105755050Communal wastedepot

66,8256502145273019501010TLS5

4,7251,50016501575150034Disposal Sites4

787.515247.53152255050Sweepers3

14,175304,4555,6704,050450650Collection trucks2

7560.18237.6302.421640006000Containers1

TOTAL(000,000)

Unit cost(000,000)

30% target +10% inflation(000,000)

40% target +5% inflation(000,000)

30% demandtarget(000,000)

Demandgap

RequiredMSW activityS/N

Cost Profile index


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Sectors worth investing in, include; Recycling Sector Composting

Landfilling Incineration Landfill gas to energy


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What is Lagos State Offering? Adequate land space Provision of required tonnage of for any waste management

facility. Construction of 20nos. TLS in the State which would be

available for management by PSP Available market for products from the waste management

facility. Tax holiday to encourage investors at early stage. Information dissemination/public enlightenment on the

benefit of technological integrated waste management facility. Provision and construction of landfills which will also bemade available to competent PSP operators to manage

Provision of infrastructure to serve the location of the facility.


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List of successful investors in

Waste Management Sector Earthcare

PSP Operators Jebba Paper Mill Ojo plastic recycling plant.


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Potential Investors in Lagos StateIntegrated Waste Management System

Ned Bank Capital Travant Capital Signature Waste Management Ltd. Shangai Asset Resources Management UBA Global Market Entag Engineering Macpresee Konsadem Associates

Southpole carbon Market


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LAWMAs Technical Partners

Clinton Foundation (Clinton Climate Initiative) World Bank USTDA Indigenous Banks

UNDP DFID


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CONCLUSION


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Investment in municipal solid waste

management sectors is a majorpanacea/catalyst required to stimulate themuch desired macro - economic growth inLagos State.


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THANK YOU FOR LISTENING.

investment potentials in lagos state

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