On October 20, 2024, the Lagos State Government signed a Letter of Intent (LOI) with British companies GreenDeal Chemicals and Recycling and Greenback Recycling Technologies Ltd to convert plastic waste into energy.

The signing ceremony took place at Alausa, Ikeja, and was led by Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab.

Each of the four modules will require 32 metric tonnes of flexible plastic waste per day, processing a total of 11,680 metric tonnes of plastic waste annually.

Dr. Akintayo Adisa, CEO of GreenDeal Chemicals, emphasized their commitment to reducing waste and promoting sustainable practices in alignment with Lagos State's circular economy plan.

The project is a pilot initiative in partnership with GreenDeal Chemicals and Recycling and Greenback Recycling Technologies Ltd.

The LOI signing was attended by key officials, including the Permanent Secretaries of Environmental Services and Drainage Services, as well as the Managing Director of LAWMA.

The British companies involved specialize in converting plastic waste to energy and will operate at the Abule Egba landfill.

This project will focus on collecting flexible plastic waste from the Abule Egba landfill for chemical recycling.

This initiative is expected to create approximately 1,100 jobs for waste pickers in Lagos and prevent 75,920 kilograms of CO2 emissions.

The Lagos Waste Management Authority (LAWMA) will provide waste deliveries as feedstock for four chemical recycling modules that will be installed at the site.

If successful, additional recycling modules will be deployed to increase the volume of plastic waste processed.

The initiative aims to reduce plastic waste in Lagos and facilitate its conversion into energy.