• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

US-Nigeria Trade Council warns of economic consequences over Lagos plastic ban

Quadri Olaitan by Quadri Olaitan
January 25, 2024
in Business
0 0
0
olowokere 1 1 559x400 1 jpeg

Titus Olowokere, President of the U.S.-Nigeria Trade Council (USTC), has voiced his concerns over the economic ramifications of the Lagos State government’s ban on single-use plastic containers.

The ban, announced on Sunday, has stirred debates on striking a delicate balance between environmental conservation and economic sustainability.

Olowokere, though acknowledged the importance of environmental conservation and sustainability, raised concerns about the potential adverse effects on the Lagos state economy.

In his statement, he urged the government to carefully weigh the economic impact of the ban and collaborate with stakeholders to implement sustainable waste management strategies.

“Lagos state relies heavily on plastic manufacturing and packaging industries that employ thousands of people. This ban directly affects not only industry workers but also countless small-scale entrepreneurs who depend on the plastic sector for their livelihoods,” noted Olowokere.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The USTC proposed a comprehensive and measured approach to address the environmental concerns without causing economic distress. Olowokere suggested alternatives to an immediate blanket ban, emphasizing the importance of public awareness campaigns and educational programs about sustainable waste management practices.

“We firmly believe that this ban will have detrimental effects on Lagos state economy and exacerbate the unemployment crisis. We urge the government to reconsider this decision and take into account alternative solutions that promote entrepreneurship, sustainable consumption, and waste management,” said Olowokere.

The council also advocated engaging with industry stakeholders to develop and adopt eco-friendly packaging alternatives, such as biodegradable materials, to minimize the environmental impact of packaging waste.

Olowokere spoke of the need for investment in recycling infrastructure, stating, “The establishment and expansion of recycling facilities will create new job opportunities and support the growth of a sustainable recycling industry in Nigeria.”

In terms of entrepreneurship development, the USTC urged supporting entrepreneurs to invest in alternative packaging materials and innovative waste management solutions. Collaborative efforts between the government, private sector entities, and civil society organizations were encouraged to develop and implement waste management projects that drive entrepreneurship and job creation.

The Lagos government on Sunday announced a ban on the use of styrofoam and single-use plastic with immediate effect.

While the USTC highlighted the economic concerns, the Lagos State Government remained resolute in its commitment to the ban, citing the serious environmental threat posed by non-biodegradable properties of styrofoam and single-use plastics, which block drainage channels in the state.

The Lagos State Government, in announcing the ban, said “Our state cannot be held hostage to the economic interests of a few wealthy business owners compared to the millions of Lagosians suffering the consequences of indiscriminate dumping of single-use plastics and other types of waste.”

Although the ban seems to be in synergy with growing global best practices on single-use plastics, the call for a measured and inclusive policy-making process aims to balance environmental concerns with the economic well-being of citizens and businesses in Lagos.

Quadri Olaitan
Quadri Olaitan

Related Posts

Two more Boeing whistleblowers go public over plane safety: ‘Like a ticking timebomb’
Business

Boeing planes are like ticking bombs, public warned over safety

by Quadri Olaitan
June 5, 2024
SANWO OLU PS1
Business

‘Landmark budget’ Lagos State defends its N521bn deficit financing plan

by Rtn. Victor Ojelabi
January 8, 2022
Appointments

Heineken Promotes Michael Gillane to Marketing Director

by Freelanews
January 28, 2020
Photo shows winners of the Lagos Roadshow Gitex Pitch Competition which was held at the Eko Innovation Center, Ikoyi, Lagos on Friday, May 12, 2023
Business

Gitex Pitch Competition: Pocket Food, Africa Comicade, Alajo, others emerge winners

by Rtn. Victor Ojelabi
May 14, 2023
Keystone Bank internet banking 1 2
Business

‘Alleviating financial burden’ Over 200 pupils school, WAEC, BECE tuition paid by Keystone Bank workers

by Rtn. Victor Ojelabi
February 22, 2022

Leave a Reply Cancel reply

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

ADVERTISEMENT

Recent News

IMG 20260425 WA0013

Tuggar Storms Bauchi as Mammoth Crowd Greets 2027 Declaration

April 25, 2026
Kirikiri

Nigerian Navy controls Kirikiri correctional quarters fire outbreak

April 24, 2026
Sirbalo

Sirbalo cries out after alleged agbero attack in Lagos

April 24, 2026
Ibadan woman

Ibadan woman in court over refusal to return N2,040 sent mistakenly to her

April 24, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
IMG 20260425 WA0013

Tuggar Storms Bauchi as Mammoth Crowd Greets 2027 Declaration

April 25, 2026
Kirikiri

Nigerian Navy controls Kirikiri correctional quarters fire outbreak

April 24, 2026
Sirbalo

Sirbalo cries out after alleged agbero attack in Lagos

April 24, 2026
Ibadan woman

Ibadan woman in court over refusal to return N2,040 sent mistakenly to her

April 24, 2026
April 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
2627282930 
« Mar    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Nigerian

    Tragedy in Canada as Nigerian woman is found dead in her home

    0 shares
    Share 0 Tweet 0
  • Leaked clips expose Russian man’s alleged affairs with thousands of Kenyan, Ghanaian women

    0 shares
    Share 0 Tweet 0
  • MasterChef Nigeria ignites thrilling race for first winner

    0 shares
    Share 0 Tweet 0
  • Nigeria records 53% drop in food prices as FG cites early agricultural recovery

    0 shares
    Share 0 Tweet 0

Just Published!

IMG 20260425 WA0013

Tuggar Storms Bauchi as Mammoth Crowd Greets 2027 Declaration

April 25, 2026
Kirikiri

Nigerian Navy controls Kirikiri correctional quarters fire outbreak

April 24, 2026
Sirbalo

Sirbalo cries out after alleged agbero attack in Lagos

April 24, 2026
Ibadan woman

Ibadan woman in court over refusal to return N2,040 sent mistakenly to her

April 24, 2026
MasterChef Nigeria

MasterChef Nigeria ignites thrilling race for first winner

April 24, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.