CIRCULAR ECONOMY: LAGOS GOVT UNVEILS NEW INITIATIVE ‘ECONEXUS’, RESTATES COMMITMENT TO PPP-MODEL
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The Lagos State government has reiterated its dedication to the Public-Private Partnership model for the sustainability of its programs and projects in order to guarantee the state’s economic growth through the circular economy.
Mr. Ope George, Commissioner for Economic Planning and Budget, highlighted the need of cutting waste for environmental sustainability and economic transformation during the introduction of the new Circular Economy initiative, EcoNexus.
Officially unveiled over the weekend, EcoNexus was organized by the Ministry of Economic Planning and Budget’s Office of the Special Adviser on Climate Change and Circular Economy and took place at the Four Points by Sheraton on Victoria Island.
Mr George affirmed, “As governments, we realize we can’t do everything by ourselves. We know that working with the private sector is very, very important.
“As the state government, that’s one of the things we are very proud of in Lagos, active participation with the private sector. Especially with this circular economy and climate change, the private sector, they are part and parcel of what we do.
“So we need to ensure that at any point in time, we continuously work with them and ensure that we can exchange ideas. For the betterment of our citizens, as governments, we cannot do it alone. So definitely, the private sector is very important.”
The Commissioner said that previous Circular Economy initiatives like “the ‘Leave No One Behind’ and ‘EcoCirculate’ had demonstrated the power of the Public-Private collaboration in improving living standards and promoting sustainability, especially for marginalized communities. Expanding these efforts, EcoNexus will transform Lagos into a global leader in green innovation and sustainable urban development,” he said.
Introducing the EcoNexus initiative, the Special Adviser on Climate Change and Circular Economy, Mrs. Titi Oshodi said, “We aim to catalyze connections across sectors, aligning public policy with private-sector innovation. By working together, we can shape a scalable economic model that is sustainable, resilient, and adaptable to the socio-economic and cultural shifts happening around us.”
According to her, the project will facilitate “a vibrant movement that beautifully fuses style with sustainability,” exposing “Eco Fashion” as a “challenge to rethink our consumption patterns and shows us that fashion can be a force for good.”
For women and young people, who are leading this exciting shift, it’s very powerful, she continued.
She stated further “circular economy is at the heart of Governor Sanwo-Olu’s THEMES+ agenda, particularly in areas like Health, Environment, and Economic Development. By integrating circular practices, we are addressing waste management, reducing pollution, and creating new job opportunities.”
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