NESREA begs polluters while firms bleed dry
Nigeria’s environmental regulator has called on manufacturers to adopt circular economy practices that convert waste into revenue while protecting the environment. Prof Innocent Barikor from the National Environmental Standards and Regulations Enforcement Agency addressed business leaders during a Lagos training session organized with ACCAPPOCCO Global Services Nigeria Limited.
The agency director characterized circular models as both an environmental necessity and an economic advantage that could position Nigerian manufacturers at the forefront of sustainable industrial development across Africa. Dr. Jonathan Dayal, representing Barikor at the event, said transitioning to waste recovery systems opens fresh income sources and improves market positioning. Emmanuel Afolayan from Drugfield Pharmaceuticals raised concerns about enforcement fees from multiple government bodies, arguing these charges threaten company viability. Prof John Oyedepo from the Federal University of Agriculture Abeokuta, recommended that regulatory activities emphasize efficiency improvements alongside compliance monitoring.
Separately, online marketplace Jiji launched its month-long November sale offering price reductions reaching 85 percent across electronics, fashion and home goods categories. Chief Operating Officer Maxim Makarchuk said the campaign connects shoppers with authenticated vendors through a dedicated landing page featuring daily updated promotions.
