GIVO Recycling Center Launched to Stimulate Economic Activities

Omolabake  Fasogbon

A climate-tech and circular economy startup, Garbage In, Value Out (GIVO) has established a zero-carbon recycling hub in Lagos, as part of efforts to curtail pressing waste management challenges.

The facility launch which coincided with the International Day of Climate Action marked recently, provided for innovative approach to waste management in Ajah and its environs.

The firm stated that the state-of-the-art, solar-powered facility would serve communities within a 5km radius, providing door-to-door collection of recyclables.

Chief Executive Officer& Founder of GIVO, Victor Komolafe-Boyle, disclosed that the third recycling hub was part of GIVO-Warwick Project, being funded by the UK Government through UK Aid as part of the Sustainable Manufacturing and Environmental Pollution (SMEP) Programme.

He further stressed the need for technology-driven solutions to address environmental challenges and stimulate the economy, affirming that the hub would boost local economy, creating up to 70 local jobs, with a focus on employing women and youth from the surrounding community.

The company’s Head of Partnerships, Adetomiwa Isiaka, hinted at strategic collaboration efforts that brought the project to life, noting that the hub will soon be replicated in other parts of the country.

He said, “The success of our Ajah centre demonstrates the power of strategic partnerships in driving circular economy solutions. Working alongside corporate partners committed to waste-free future for Nigeria and West Africa, like Coca-Cola and Firestone, as well as local government authorities and community organisations, we have created a model that is both environmentally and economically sustainable.  This facility will process materials from our corporate partners while creating value for local communities, proving that circular economy initiatives can bridge the gap between business interests and community needs.”