Feature/OPED
Circular Economy in Nigeria: Rethinking the Road to Economic Diversification
By Timi Olubiyi, PhD
Where do all the old stuff and waste we generate go? From the package boxes, used cloths, e-wastes, used water bottles and can, medical waste, worn-out vehicle parts, food waste, and so on, without a doubt, it all end up in one of the dumpsites due to the persistent linear economic model in the country.
Unfortunately, the current economic model involves “take, make, use and dispose of” which makes many of these used items end up in landfills and waste sites across the country.
For a long time, our economy in Nigeria has been ‘linear’. This means that raw materials are used to make products, and after the life spans, it becomes waste and all thrown away.
In fact, the largest open waste site in Africa is situated in Nigeria, in Olusosun Ojota Lagos State, according to findings.
Furthermore, with Nigeria’s growing estimated 203,000,000 population, the level and magnitude of waste generated annually are projected to go on the increase.
However, considering no proper waste management system in the country, this is a cause for concern. It can be said that over 90 per cent of waste is linearly handled annually in Nigeria; empirical evidence supports this assertion, that most of the waste is indiscriminately dumped or burnt.
Additionally, in the country, waste is considered to have no significant economic value, and this is the reason for the dumping and burning – which eventually pollutes, like the burning of heavy metals and toxic chemicals which affect the quality of air, water, and soil.
Agreeably, raw materials are largely from the earth, businesses, particularly manufacturing companies use these to make products and sell to consumers, however, once these products have reached the end of their useful life span, they are disposed of. This is referred to as a linear economy and that is significantly the current model in the country. Consequently, this pushes waste and waste management to the forefront of environmental challenges in the country, especially with medical waste, which includes the novel coronavirus pandemic (COVID-19) wastes.
COVID-19 has had a serious impact on all parts of our society and waste management is no exception. The already limited capacity of waste management in the country is further affected by COVID-19 waste which requires additional careful consideration and operation.
Therefore, indiscriminate disposal of this form of healthcare waste could be harmful to sanitation, and serious public health consequences.
More so, the impact of COVID-19 has made thinking about the socio-economic and environmental future more important than ever, especially in the area of sustainability.
From context observation, a waste problem exists in the country and is prevalent, and this could fuel health risk and a further increase in the poor quality of the air and pollution in the country. This is a disturbing trend, and this instigated this piece.
Since the linear economy principle is still dominant in the production and consumption model across the country, there is a need for advocacy to effect a change in the orientation because it is only reasonable to imbibe proper management and control of wastes- organic, e-waste, health, industrial, agricultural and food, vehicle parts among others in the country. This should be seen as a priority and an avenue to create wealth, economic development, and an improved environment.
On a positive note, the purpose of the circular economy is to prevent waste and it also encourages the reuse of materials and waste, which can, in turn, create economic value.
For example, waste glass can be used to make new glass and waste paper can be used to make new paper. This can ensure enough future raw materials for food, shelter, heating, and other necessities; therefore, our economy must become circular. That means waste will be prevented by making and reusing products and materials more efficiently.
Simply put, a circular economy (CE) is the opposite of a linear economy and a major concept that is relevant to economic sustainability.
The circular economic model can help achieve and promote environmental awareness, reduce the indiscriminate dumping of refuse, which usually results in an outbreak of diseases such as malaria and typhoid.
Waste management in developing countries is usually not operated in accordance with international standards. Therefore, this gap can create economic benefits, aimed to ensure healthy, safe living, revenue generation, and cause less harm to the environment.
Substantially, many developed countries like Finland had built tremendous capacity and business experience in managing the high-yield circular economy.
Consequently, to ensure there are enough raw materials and prosperity as a country, we need to switch from a linear to a circular economy and stimulate economic growth.
A circular economy can present innovative ways to recycle products and materials for the future. This can help to conserve the environment and climate change.
A circular economy can offer a waste-to-wealth path for our economic growth and a sustainable way to tackle health, safety, and environmental landscape.
Many initiatives can be introduced aimed to promote a circular economy in Nigeria.
For instance, the switch to Green Programme can promote the use of biogas technology. E-waste management is another, organic agriculture, and eco-industrial parks can also be explored.
The government can have policy implementation and legislations to encourage a circular economy geared towards innovative and regenerative resources and consumptions.
The circular economy offers better prospects for solid waste management, a steady supply of resources, for both present and future generation, reduction of government expenditure on waste management, environmental protection. It will also offer opportunities for economic and industrial development (job creation and GDP growth).
The circular economy is more profitable and harmless to the environment and its main goals include sustainable economic growth, increased competitiveness and job creation.
It is important to note that recycling is an essential means of keeping resources in circulation; it is just one part of the circular economy.
The circular economy model can revolutionise our economy if well harnessed. It can become a guiding force in livelihood, business, and government particularly diversification of the economy.
This initiative can transform Nigeria’s current informal and hazardous recycling in some quarters into a formally legislated system that benefits all actors, stakeholders and investors.
A platform for public-private collaboration and bilateral cooperation can be explored which can include knowledge transfer by the government. This will further stimulate economic development, improve private sector participation, and open business opportunities for entrepreneurs because the economic, ecological, and environmental benefits of a circular economy are very clear.
The socio-economic disadvantages, insufficient expert knowledge and a lack of information have hindered its appropriateness and implementation in low and middle-income countries. Therefore, the Nigerian government and stakeholders need to be aware of these and cues can be taken from developed climes with an established process.
In conclusion, the circular economic model needs joint efforts by government, entrepreneurs, researchers, industries, users, lawmakers, and international agencies but most of all, it needs innovative mindsets. Good luck!
How may you obtain advice or further information on the article?
Dr Timi Olubiyi, an Entrepreneurship & Business Management expert with a PhD in Business Administration from Babcock University Nigeria. He is also a prolific investment coach, seasoned scholar, Chartered Member of the Chartered Institute for Securities & Investment (CISI), and Securities and Exchange Commission (SEC) registered capital market operator. He can be reached on the Twitter handle @drtimiolubiyi and via email: dr***********@***il.com, for any questions, reactions, and comments.
Feature/OPED
Building 234 Solutions: A Response to Everyday Workforce Challenges
By Owoloye Emmanuel
Every business starts with a problem. For us, that problem was hiding in plain sight.
Across organisations, we kept seeing HR professionals, payroll teams, and business leaders spend significant time navigating processes that should be simpler. Employee records sat across multiple systems, payroll processes required manual intervention, and routine workforce tasks often became more complicated than they needed to be.
As businesses grow, workforce operations naturally become more complex. Yet many organisations still rely on disconnected tools and workflows that create unnecessary friction for both employers and employees.
The consequence is more than operational inefficiency. HR teams spend valuable time managing systems instead of supporting people. Business leaders struggle to access timely workforce insights, while employees experience delays in processes that should be seamless.
These weren’t isolated challenges. They were recurring realities across workplaces, regardless of industry or size.
That observation led us to a simple question: what if workforce management could be easier?
What if HR, payroll, and workforce operations could work together within a single, connected experience?
That question became the foundation for 234 Solutions.
We are building 234 Solutions with a clear belief that workplace technology should reduce complexity, not add to it. Our goal is to help organisations spend less time navigating processes and more time focusing on productivity, growth, and people.
As we prepare for launch, our focus remains simple: building practical solutions for real workplace challenges and helping organisations create better experiences for the people who power them every day.
Owoloye Emmanuel is the founder of 234 Solutions
Feature/OPED
The Role of TV in Preserving African Stories and Identity
Scroll through social media today, and you will notice something interesting: everyone is either reacting to a series, quoting a movie line, or debating a character as though they personally know them. Beneath the memes and binge-watch culture, however, lies something deeper. Television remains one of the most powerful tools shaping how Africans see themselves, remember their history, and tell their own stories. In a continent as diverse and expressive as Africa, that matters more than ever.
TV as a Cultural Archive, Not Just Entertainment
Long before streaming algorithms began shaping our viewing habits, television was already preserving African identity. From Nollywood dramas that capture the rhythm of everyday Lagos life to documentaries exploring Maasai traditions and Ghanaian folklore, TV has served as a living archive of the continent’s stories.
It preserves more than entertainment; it preserves language, culture, humour, values, and shared experiences. Unlike fleeting social media content, television allows stories to unfold with depth, exploring the realities of family, tradition, ambition, and modern African life without reducing them to stereotypes. That is the power of TV: preserving not just stories, but perspective.
Why Representation on TV Still Matters
There is a subtle but important truth: if people do not see themselves on screen, they may begin to believe their stories are not worth telling. This is why African TV content is more than entertainment; it is affirmation.
Seeing a character who speaks like you, struggles like you, or celebrates like your community does something powerful. It validates identity and challenges outdated narratives that have historically defined Africa through external lenses.
This is where MultiChoice Group, through platforms such as DStv and GOtv, plays an important role. They do not simply broadcast content; they help distribute cultural memory at scale.
GOtv, DStv, and the Everyday African Viewer
Think about a typical evening in many African homes: the TV is on in the background, someone is laughing at a comedy show, another person is watching a local series, and someone else is catching up on the news. That shared viewing experience remains very real.
Through platforms such as DStv and GOtv, African households are exposed to a blend of local storytelling and global content. More importantly, they have helped amplify African-produced content by bringing Nollywood films, African reality shows, talk shows, and documentaries into mainstream rotation.
It is not just about access. It is about visibility.
A young filmmaker in Lagos today is more likely to believe their story matters because they have seen similar stories broadcast widely. A child in Accra grows up hearing familiar accents and seeing environments that look like their own on screen, not as exceptions, but as the norm.
TV Is Also Shaping Modern African Identity
African identity is not static; it is evolving. Television reflects that evolution in real time.
Today, audiences see:
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Young Africans balancing tradition and modern dating culture
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Stories tackling mental health in African households
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Fashion and music influences spreading through TV series
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Political satire shaping public conversation
Conversations that were once confined to homes are now being explored on screen, giving audiences the language to discuss issues that were previously unspoken.
In many ways, television is doing what oral tradition has always done: passing stories, values, humour, warnings, and history from one generation to the next. The difference is that today’s griots are writers, directors, and broadcasters.
The Future: From Watching to Owning Our Narratives
The next stage of African storytelling is not just about being seen; it is about ownership.
As more African creators produce content and platforms continue to invest in regional storytelling, television becomes more than a mirror. It becomes a tool for shaping how Africa is represented to itself and to the world.
While streaming continues to grow, television, particularly accessible platforms such as GOtv, remains one of the most effective ways to reach everyday audiences across different income levels and regions. After all, storytelling only matters if people can access it.
African stories are not new. They have always existed in families, on streets, in markets, in history books, and through oral traditions. What television has done, and continues to do, is give those stories a stage wide enough for millions to experience them at once.
The next time you watch a local series or documentary on DStv or GOtv, remember that you are not just being entertained. You are participating in the preservation of African identity itself.
Feature/OPED
The Future of AI in Nigerian SMEs: Overcoming Barriers to Implementation
By Kehinde Ogundare
Ask a tech entrepreneur in San Francisco what AI means for their business, and they are likely to talk about competitive advantage, product differentiation, and scale. Ask a small business owner in Kano or Onitsha the same question, and the conversation shifts entirely.
For many Nigerian SMEs, the priority is keeping the lights on, managing costs, and finding sustainable ways to grow in a challenging economic environment. This difference in perspective explains why the global AI conversation, often shaped by assumptions about stable infrastructure, deep capital, and abundant technical talent, frequently fails to address the realities facing Nigerian SMEs.
This matters because Nigerian SMEs are not a peripheral concern. In 2024 alone, MSMEs contributed 46.32% to Nigeria’s GDP, accounting for 96.9% of businesses and 87.9% of employment. These businesses are the backbone of the Nigerian economy, and if AI is going to mean anything for Nigeria’s development, it has to work for them in the daily conditions they actually operate in.
However, research drawing on empirical data from 144 Nigerian SMEs found that inadequate infrastructure, low digital literacy, skills shortages, and regulatory gaps are collectively preventing them from meaningfully engaging with AI. Awareness of AI is high and growing. What is missing is a clear and honest conversation about what adoption actually requires in this specific context. The barriers are real, but none of them are insurmountable. The question is whether the tools, pricing models, and support structures being offered to Nigerian SMEs are designed with those barriers in mind, or whether they have been built for another market entirely.
Subscription models making AI affordable for small businesses
When most small business owners hear “AI,” they imagine expensive software, specialist consultants, and a hefty upfront bill.
That assumption is not entirely wrong, but it describes a particular way of buying technology, not AI itself. The shift that makes AI genuinely accessible at the SME level is the move away from large, one-time capital purchases towards tools that charge a predictable monthly subscription. Businesses can pay for what they use, scale back when necessary, and avoid the debt that a major technology investment can create.
The deeper opportunity here is consolidation. Many SMEs are already spending money across multiple disconnected tools—one for invoicing, another for customer records, another for stock tracking—none of which talk to each other. An integrated platform that handles several of these functions together, with AI built in, can actually cost less than the sum of those separate subscriptions while giving business owners a clearer picture of their operations.
With margins already under pressure, any technology a business adopts needs to visibly show an increase in productivity or bottom line. Subscription-based, integrated platforms, priced transparently and honestly, are the model that best fits this reality.
Infrastructure challenges demand a mobile-first approach
No conversation about technology in Nigeria is complete without confronting the infrastructure problem, and AI is no exception. Nigeria continues to face major infrastructure barriers, including limited broadband access, unreliable power supply, and high data costs, all of which constrain deeper AI adoption. These are structural features of the operating environment that any sensible technology strategy must account for today.
The electricity situation alone is significant. The World Bank estimates that the lack of stable electricity costs Nigeria’s economy approximately $26.2 billion annually, equivalent to about 2% of GDP, forcing many businesses to run on expensive diesel generators. That cost ripples outward.
In practical terms, AI tools built for Nigeria cannot assume a stable broadband connection or a computer that is always powered on. The tools that will actually get used are the ones that work on a smartphone, consume minimal data, and can function offline when connectivity drops, syncing back up when it returns. The mobile phone is already how many Nigerian SME owners run their businesses. AI that meets them there, rather than demanding infrastructure they do not have, is AI that has a genuine future in this market.
The direction is clear: build capability from within, using tools that make that possible. Recent AI performance research reveals that 64% of African workers are already actively using AI at work, signalling massive grassroots readiness and driving forward-thinking organisations across Nigeria, Kenya, and South Africa to aggressively prioritise internal upskilling frameworks to bridge the talent gap.
As the policy groundwork is being laid, the commercial ecosystem is beginning to respond. What remains is a clear-eyed acceptance that AI tools built for this market need to look different from those built for markets with different realities. Low cost, low bandwidth, and usability for non-technical people are not modest ambitions; they are the actual requirements. Build for those realities, and AI has a real future in Nigeria’s SME economy.
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