Aug 28, 2008 (Leadership/All Africa Global Media via COMTEX News Network) -- The Lagos State government in partnership with the Clinton Climate Initiative waste management in Lagos state, have concluded plans to shop for over N4 billion from investors to carry out its waste management at the down stream level.
Speaking at press conference in Lagos , the Lagos State Commissioner for Finance, Mr. Rotimi Oyekan, said the state had come up with a standard plan to manage waste in the state which was fast acquiring the status of a mega city.
The commissioner who was flanked by the Managing Director of the Lagos Waste Management Authority (LAWMA), Mr. Ola Oresanya , the Special Adviser to the Lagos State Governor on Environment, Mr. Sesan Olarenwaju said the state government after several deliberations came out with Request For Proposal (RFP), to encourage competent investors to participate in the project which he said had been secured by institutionalised legal framework.
Oyekan explained that the initiative was in furtherance of the state government's, Public Private Participation initiative (PPP), adding that the project would be implemented by a consortium of local and foreign investors as well as financial institutions.
The Lagos State government and CCI, jointly selected waste management as its priority area for technical assistance after the initiative sent environmental experts to Lagos to assess the state of its residual waste collection and disposal infrastructure in March 2008. The LAWMA boss said that the Clinton Climate Initiative role, would be limited to technical assistance, to complement the state government's waste to wealth project at Ikorodu axis of Lagos State to covert waste to compost manure for agricultural use.