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HomeFinance, MoneyUK approves more investments in Lagos State.

UK approves more investments in Lagos State.

Loveth Okoli

The UK has approved more direct investments in Lagos State, and has concluded plans for the take-off of the first waste to energy plant in the state.

This project would attract investment of between $125 million and $150 million to build a waste to energy facility.

This approval was given by the Deputy British High Commissioner in Nigeria, Mr Ben Llewellyn Jones while speaking at Igando Refuse Dumpsite after a guided tour of facilities of the West African ENRG, in the company of some Lagos State officials, led by the Commissioner for the Environment and Water Resources, Mr Tunji Bello.

Llewellyn Jones said, “Though some people think about Nigeria and investments and look the other way, we say ‘look this way’,  we will help you and it is a real opportunity here as it is being demonstrated today and even opportunities to grow beyond even what is being achieved now, which is so fantastic.

“It is absolutely outstanding what is being achieved using British technology, finance and real great Nigerian drive and expertise to create something special that is really going to grow and grow,’’ the diplomat added.

Jones reiterated that so many issues of climate change, the challenge of pollution, challenge of drainage and of plastics getting into the drains cropped up at the site but are being solved by the West African ENRG waste conversion facility, which is so impressive.

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