The World Bank Urban Development and Resilience Specialist, Salim Rouhana, has said the bank was ready to provide necessary support for the government of Oyo State in waste management and recycling.
Speaking at the investors’ roundtable held at the Kakanfo Inn and Conference Centre, Ibadan, Rouhana, said the bank would provide technical support and bring in relevant firms to drive the project.
READ ALSO Suarez Misses Out On Ballon d’Or Finalists
“The World Bank is bringing in technical know-how into the project through the mobilisation of firms. The bank is ready to bring experts to help the government and build capacity to be able to structure private sector participation in solid waste management. With the diagnostic that we have done, we hope that the agenda will be a success,” Rouhana said.
According to the partnership with the world apex financial institution, private sector will be involved in the generation of the waste, transportation, disposal and regeneration to earn huge income.
READ ALSO Bloomberg Media Initiative Africa Creates $1m Fund For African Media
Representative of the Oyo State Government and General Manager, Oyo State Waste Management Authority, Mr. Joseph Alagbe, commended the World Bank for the support, adding that the project would involve relevant waste management agencies from foreign countries, local contractors and other investors.
Alagbe said the project had the target of providing employment, generating electricity, producing biogas, compost fertiliser and other by-products from the waste generated with the help of the bank and private investors.
He said, “This is a technical assistance from the World Bank. It’s about the issue of solid waste, urban and integrated solutions, from the generation chain of collection, transportation and disposal. At the end, conversion and reuse of the waste will happen,” Alagbe said.
previous post
next post
