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Indorama, Nigerian Breweries, Genesis Energy to Build Recycled PET Factory

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Indorama Nigerian Breweries Genesis Energy

By Modupe Gbadeyanka

In the quest to strengthen circular economy infrastructure and sustainable packaging value chain, the trio of Indorama Ventures Public Company Limited, Nigerian Breweries Plc and Genesis Power and Energy Solutions Limited has partnered to establish a state-of-the-art recycled PET (rPET) plant in Nigeria.

The facility will convert post‑consumer PET bottles into high‑quality recycled material for packaging applications.

The plant, located in Lagos, should be ready in the first half of 2027. It will produce up to 45,000 tons of food‑grade rPET resin annually.

“This compelling initiative demonstrates Genesis’s commitment to deploying capital to climate-resilient investments by leveraging clean energy as a strategic nexus to advancing viable economic opportunities.

“The investment is also a testament to how cross-sector partnerships can enable sustainable industrial development.

“By combining circular economy principles with resilient infrastructure and energy solutions, the initiative supports long-term environmental impact and local value creation,” the chief executive of Genesis Energy, Mr Akinwole II Omoboriowo, said.

Also commenting, the chairman of ESG Council at Indorama Ventures, Yash Lohia, said, “This partnership marks a defining milestone in our global recycling journey. By establishing our largest recycling facility to date and one of the largest rPET sites in Africa, we are bringing Indorama Ventures’ global expertise, proven technologies, and long-term vision for circularity to a region with immense growth potential.

“This investment reflects our belief that scaling sustainability solutions locally is essential to building resilient, sustainable packaging systems that deliver lasting environmental and economic value.”

Business Post reports that the initiative aims to meet fast‑rising demand for recycled content, reduce plastic waste, and create local value through improved collection systems, job creation, and increased participation across the recycling value chain.

The partnership brings together complementary strengths across the PET value chain. Indorama Ventures, the world’s largest recycler of PET for beverages, contributes expertise in sustainable materials development.

Nigerian Breweries, a Heineken operating company, provides strong local market insight and engagement across Nigeria’s beverage ecosystem, while Genesis Energy supports the initiative with sustainable infrastructure and energy expertise.

The project is expected to support recycling capacity in Nigeria, subject to regulatory approvals, technical validation, and operational implementation. Together, the partners aim to establish commercially viable rPET operations that enable responsible growth and long-term environmental impact, as it aligns with Nigeria’s National Policy on Plastic Waste Management, introduced in 2020 to strengthen collection, recycling, and circular economy solutions, with the goal that all plastic packaging be recyclable, biodegradable, compostable, or reusable by 2030.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Kebbi Attack Claims 44 Lives Across Eight Communities

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kebbi attack

By Adedapo Adesanya

The Kebbi State Police Command says 44 people were killed following a coordinated attack on eight communities in Shanga Local Government Area of the North-Western state.

The affected villages include Gebe, Kalkami, Kawara, Kasoshi, Awaye, Tungar Rini, Binuwa, and Dabe.

In a statement issued on Friday, the Kebbi Police Command Public Relations Officer, Mr Bashir Usman, said it launched a statewide clearance operation.

Mr Usman said the operation followed the directive of the Inspector-General of Police (IGP) Olatunji Disu, aimed at preventing further banditry and violent crimes across the state.

The police stated that massive deployments of police personnel and other security agencies have been made to the affected communities, leading to the return of relative calm.

The command added that discreet investigations have commenced into the attack.

The ongoing clearance operation, according to the police, is targeting high-risk areas such as farmlands, forests, border communities, and remote settlements.

It also includes coordinated patrols, intelligence-led stop-and-search operations, and joint actions with other security agencies.

As part of the operation, the police said two AK-47 rifles were recovered along the Illo-Kamba axis, describing it as evidence of the effectiveness of intelligence-led policing.

The Commissioner of Police in the state, Mr Umar Hadejia, called on residents to remain vigilant and cooperate with security agencies by providing timely and credible information.

Mr Hadejia also urged traditional rulers, community leaders, religious bodies, and youth groups to support ongoing efforts to restore peace and strengthen security across the state.

Residents had reportedly appealed to President Bola Tinubu and Kebbi State Governor Nasir Idris to take decisive action to restore security in the area and enable displaced residents to safely return to their homes.

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TUC Calls for 60% Oil Windfall Allocation to Cut Petrol Costs

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festus osifo TUC

By Adedapo Adesanya

The Trade Union Congress (TUC) of Nigeria has proposed that the federal government deploy at least 60 per cent of excess crude oil revenue above the budget benchmark to subsidise feedstock for local refineries, including the Dangote Refinery.

The President of the group, Mr Festus Osifo, made the proposal in Abuja yesterday, warning that the rising cost of petrol has placed unbearable pressure on households and businesses and that such urgent measures remain necessary to ease economic hardship on Nigerian workers.

Mr Osifo explained that crude oil prices above the budget benchmark of $64.85 per barrel currently generate excess revenue shared among the three tiers of government.

He argued that redirecting a significant portion of this surplus into subsidising crude supply for domestic refining would reduce production costs and translate quickly into lower pump prices for petrol, diesel and aviation fuel.

The labour leader noted that the sharp increase in fuel prices, exacerbated by global supply disruptions linked to geopolitical tensions, has worsened transportation costs and manufacturing expenses, ultimately driving up the prices of goods and services.

According to him, the situation risks reversing the modest decline in inflation recorded in recent months.

He said, “We are seeing that the cost of petroleum is edging towards N2,000 per litre, and Nigerian workers are facing excruciating pain as we speak. What we are saying is that if crude oil prices exceed the budget benchmark, let the government take at least 60 per cent of that excess and use it to subsidise crude supplied to Dangote Refinery and other local refineries.

“When you subsidise production directly, it reduces the cost of feedstock, and that will translate immediately to a reduction in the pump price of petroleum products. When this is done, I can assure you that within one to two weeks, the prices of PMS, AGO, and jet fuel will go down, and Nigerians will begin to feel relief.”

Mr Osifo also stressed the need for immediate relief measures, alongside long-term investments in alternative energy such as compressed natural gas (CNG). While acknowledging government efforts to introduce CNG-powered buses, he said inadequate infrastructure remains a major challenge limiting their impact.

He also expressed concerns over the persistent insecurity across the country, urging the government to prioritise investment in modern security equipment and technology while commending security agencies for their ongoing efforts.

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NIS Suspends Officers Over Extortion Allegations on Lagos-Seme Corridor

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Nigeria Immigration Service

By Adedapo Adesanya

The Nigeria Immigration Service (NIS) has ordered the suspension of senior officers overseeing key commands along the Lagos-Seme corridor following allegations of extortion.

The suspension follows the circulation of online reports accusing immigration personnel at the busy border route of misconduct “bordering on extortion,” prompting immediate intervention from the agency’s leadership.

According to a spokesperson of the border controller, Akinsola Akinlabi, in a statement on Friday, April 10, the NIS Comptroller-General, Mrs Kemi Nandap, had “temporarily relieved the Comptrollers in charge of the affected Commands of their duties” pending the outcome of an ongoing investigation.

The service distanced itself from the alleged conduct, with Mrs Nandap condemning the actions in strong terms, describing the incidents as “unacceptable” and in “direct violation of the core values, ethics, and operational standards of the Service”.

According to the statement, a full-scale probe has been launched to uncover the extent of the нарушения, identify officers involved, and enforce sanctions without delay.

“The investigation will be comprehensive… ensuring appropriate disciplinary measures are applied with immediate effect,” the statement said.

While the probe continues, the Service sought to reassure the public of its commitment to professionalism at Nigeria’s borders.

“The service wishes to reassure the general public that it remains committed to delivering professional, transparent, and efficient services at all points of entry and exit,” it stated.

“It will not condone any act that undermines public trust or tarnishes the integrity of the service.”

The agency also called on Nigerians to report misconduct through its official complaint channels, including social media platforms and its 24-hour contact centre, noting that internal oversight mechanisms are being strengthened.

“The Nigeria Immigration Service remains resolute in its mission to serve with integrity, discipline, and professionalism while facilitating lawful migration,” the statement added.

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