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.