LAWMA targets $2.5bn annually from circular economy
10 Articles
10 Articles
Circular economy needs a boost, will abolishing VAT help?
Reduce VAT on repairs and completely eliminate it on second-hand goods. This is stated in a call from Bol.com, Zeeman and eight other companies in a letter to the government. The measures should help to make society circular. Circular is an economy without waste, in which all raw materials come from reusable items and materials, says the RIVM. The government's goal is ambitious: half of the economy must be circular by 2030, and completely twenty…
LAWMA targets $2.5bn annually from circular economy
The Lagos Waste Management Authority, LAWMA, says the state will generate up to $2.5 billion annually from the circular economy when adequately harnessed. The Managing Director and Chief Executive Officer of LAWMA, Dr. Muyiwa Gbadegesin, disclosed this in an interview with NAN in Lagos. A circular economy is an economic system based on the reuse and regeneration of materials or products, especially as a means of continuing production in a sustai…
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