The project will generate jobs, the executors say.
The Federal Capital Territory Administration, FCTA, said on Thursday that it is collaborating with the Abuja Council of the Nigeria Labour Congress, NLC, and private investors to build a recycling factory that would promote waste-to-wealth business in the city.
The Chairman of NLC in Abuja, Yahaya Abdullahi, said the business venture is aimed at creating jobs, managing the huge waste generated in the FCT and also generating profit for stakeholders.
Mr. Abdullahi was speaking in Abuja on Thursday during the presentation of a feasibility study on the project by the Executive of the Council to the Minister of State for Abuja, Olajumoke Akinjide.
According to the NLC Chairman, the Congress would own 40 per cent equity in the joint venture, while the FCTA and private investors would take up 60 per cent equity.
“The NLC FCT Council had during a meeting last year with the Minister of FCT, Bala Mohammed and Minister of State raised the issue of helping to mop up the wastes from empty water sachets scattered all over the city by setting up a recycling factory that would turn them into better economic use.
“The establishment of a recycling factory is aimed at creating employment and helping to keep the environment clean as well as generating little income for the partners,” Mr. Abdullahi said, adding that the FCTA is seeking to partner with the NLC, Council and other interested members of the Community, as the project requires a huge capital it cannot carry alone.
He said the Council has already acquired a 75-hectare land area for the project, while N5 million has also been paid for feasibility study for the plant.
He explained that the waste-to-wealth project, which would comprise a recycling plant, a clinic, and a restaurant, would provide jobs for drivers, waste collectors, doctors, nurses and pharmacists, among other groups of professionals.
“The project is our contribution towards reducing unemployment in the country and ensuring a clean environment. We don’t want the FCTA to be the sole proprietor of the project. It should partner with labour and private investors,” Mr. Abdullahi added.
The Minister of State for Abuja gave the assurance of the Administration’s commitment to partner with the NLC, Abuja Council towards transforming the territory, saying it is an initiative that would help create jobs as well as help rid the city, area councils and satellite towns of wastes.
The minister approved the constitution of a task team headed by the Director of Establishment and Training in the FCT, Nuhu Ahmed, to work with the NLC FCT Council to produce a business development model for the project.
Members of the task team include the Director of Economic Planning, Research and Statistics in the FCT, Ari Mohammed; Director of Satellite Towns Development Agency, Tukur Bakori, and Director of Administration and Finance, Area Council Services Secretariat, Yusuf Tsaiyabu.