Circular Economy: NESREA to unveil digital market place for waste

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By Mashe Umaru Gwamna

The National Environmental Standards and Regulations Enforcement Agency has concluded plans to launch a digital marketplace for waste transactions.

This was contained in a statement signed and issued by Assistant Director (Press), Nwamaka Ejiofor.

The platform, Waste Marketplace Nigeria is a collaboration between NESREA and Recyclestack for the digitization of Circular Economy in Nigeria.

Circular Economy is operationalized in Nigeria under the Extended Producer Responsibility (EPR) Programme, which extends the responsibility of a producer throughout the lifecycle of the product.

EPR is operational in sectors such as food and beverages, batteries, used tyres, and electrical electronics, with Producer Responsibility Organisations (PROs), recyclers, and collectors playing key roles along the value chain.

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Through Waste Marketplace Nigeria platform, NESREA plans to enhance digital inclusion and job creation for the informal sector, boost material recovery, reduce illegal dumping and increase the rate of recycling.

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