NEWS
Recycling: Equipment Lease, an Alternative to Accessing Advance Machines — Experts

Experts in the waste recycling space have urged operators within the ecosystem to embrace equipment leasing as innovative means to access advanced and latest machinery to remain competitive in the business.
They made the urge at an awareness consultation with the title: “Enhancing Micro, Small and Medium-sized Enterprises (MSMEs) Access to Financing Through Equipment Leasing”, held on Thursday in Lagos.
The awareness consultations and networking event was put together by the Lagos State Ministry of Environment and Water Resources, Lagos State Waste Management Agency (LAWMA), in collaboration with the Equipment Leasing Association of Nigeria (ELAN).
Report says that the collaboration was supported by the Pro-Poor Growth and Promotion of Equipment in Nigeria Programme (SEDIN), a programme by the German Agency for International Corporation (GIZ).
In her Welcome Address, Mrs Sina Uti-Waziri, Head of Component, Local Economic Development (GIZ-SEDIN), said that leasing had emerged as a viable option to support MSMEs to easily access financing.
Uti-Waziri said: “Equipment leasing is a financial product that allows businesses to rent equipments for a period of time as against purchasing it outrightly and not incurring the significant cost associated with procurement.
“It is especially important for MSMEs with limited financial resources. It is an opportunity for businesses to access the latest and most advanced equipment and machinery which allows them to stay competitive .
“Equipment leasing is particularly an interesting product in the plastic recycling sector because they are quite expensive to procure and leasing comes as an innovative alternative,” she said.
Mr Markus Wauschkuhn, Head of Programme, GIZ-SEDIN, said that the limited awareness and knowledge of leasing to MSMEs had slowed the development of the industry as it should focus mainly on assets that are suitable for MSMEs.
Wauschkuhn said: “The event is to enhance the knowledge of equipment leasing among state MSME agencies and other key stakeholders within and outside the plastic recycling ecosystem in the state.
“To capitalise on the opportunities for equipment lessors and other private sector players, who are keen on supporting MSMEs and provide business case for seeking additional investment, to the plastic recycling value chain,” he said.
He added that bringing stakeholders together was to discuss strategies and recommendations that leasing companies and other investors should follow in other to implement policies to grow access to finance for MSMEs in the plastic recycling ecosystem.
Mr Ibrahim Odumboni, Managing Director, Lagos Waste Management Authority (LAWMA), in his Opening Remarks, said that Lagos State generates 13,000 metric tonnes of wastes daily and 15 per cent was plastic.
Odumboni, who was represented by M Akinbulo Ayobami, said that recovery of plastic wastes had been challenging, noting that only about 10 per cent of plastic waste was recovered daily.
He said collection of sorted wastes after they had been recovered was a challenge and for recovered wastes to be profitable, value should be added.
Mrs Elizabeth Ehigiamusoe, the Chairman of ELAN said that the recycling industry in Nigeria had been estimated to worth two billion dollars, while struggling to live up to this lofty estimation.
According to him, this is due to the menace of indiscriminate disposal of waste, poor orientation and capacity to effectively convert this liability to a viable economic opportunity.
Ehigiamusoe, who was represented by Mr Tunde Netufo, Vice Chairman, ELAN, said: “This is where equipment leasing comes in to provide the necessary productive assets to strengthen the capacity of operators in this industry.
“Leasing can be brought to bear in this regard, as it facilitates easy and convenient access to the much-needed assets for productive ventures,” she noted.
Mr Andrew Emonuwa, the Executive Secretary of ELAN said that some of the challenges faced in the plastic recycling space included; insufficient funding; rapid population growth; poor investment in infrastructure development; inadequate technical capacity among others. (NAN)
NEWS
NASC: Senate Confirms Nnanna Uzor Kalu as Commissioner For S/east

The Senate on Tuesday confirmed the appointment of Dr Nnanna Uzor Kalu as a commissioner in the National Assembly Service Commission (NASC) to represent the South-East geopolitical zone.
The confirmation followed the presentation and adoption of the report of the Senate Committee on Establishment and Public Service, chaired by Sen.
Cyril Fasuyi, during plenary.Kalu’s confirmation was previously stepped down in March due to a petition filed against him.
At the time, the senate had confirmed 12 out of 13 nominees for the NASC, withholding only the nomination from the South-East pending resolution of the matter.
Presenting the report, Fasuyi explained that the petition had been thoroughly investigated and dismissed by the Senate Committee on Ethics, Code of Conduct and Public Petitions.
The committee found no grounds to disqualify the nominee.
“In line with the findings and recommendations of the relevant committees, the Senate Committee on Establishment and Public Service recommends the confirmation of Dr Nnanna Uzor Kalu,” Fasuyi said.
In his remarks, Senate President Godswill Akpabio thanked both committees for handling the issue with diligence and fairness.
He congratulated Kalu on his confirmation and urged him to serve with integrity.
“I urge the newly confirmed commissioner to uphold equity, fairness, and constitutional values while representing the South-East in the commission,” Akpabio said.(NAN)
NEWS
APC Seeks Arrest of Zamfara PDP Women Leader

The Zamfara chapter of the All Progressives Congress (APC) has condemned the calls for violence by the State Women Leader of the Peoples Democratic Party (PDP), Hajiya Rabi Madawaki.
In a statement issued in Gusau on Tuesday by the State APC Publicity Secretary, Yusuf Idris, the party called on security agencies to thoroughly investigate the matter.
Idris said, “We call on the security agencies to immediately arrest the women leader, Hajiya Rabi Madawaki, over her uncultured utterances.
.“APC as a strong opposition party in the state will not be intimidated by any threats from the Zamfara PDP government and they should know that the will of the people must prevail.
“The state PDP Women Leader, Hajiya Rabi Madawaki, made the statement in the presence of the Governor’s wife, Hajiya Huriyya Dauda.
“The threat and intimidation by the PDP women leader came out with a completely different but savage way of forcing out support and subsequently, votes for the governor, Mr Dauda Lawal in the 2027 governorship election.
“Madawaki said in the presence of governor’s wife in Hausa language, at a gathering held in Gusau on Friday that translated as ‘anyone who does not vote for Dauda, we will maim, beat, kill him, (zamu ci ubanshi zamu yi mashi duka)’.
According to him, in a civilised scoiety, elections are always supposed to be free, fair and non violent.
Idris said, “President Bola Tinubu’s administration is trying to remove such threats to lives and property as well as any form of intimidation from politics.
“The Zamfara chapter of the APC will not be scared by any form of intimidation and harassment or any act of violence.” (NAN)
Foreign News
Thousands Protest in Pakistan After Drone Strike Kills 4 Children

Thousands of people in north-west Pakistan on Tuesday blocked a highway by placing the coffins of four children who were killed by a suspected drone strike.
The protests in the Mir Ali area of North Waziristan region began earlier on Monday after a family home was hit, local resident Mohamed Jamal Dawar said.
It is not clear who was behind the incident.
Local activist Zahid Wazir said the drone was operated by the Pakistani military.
He said the home was likely mistaken as a hideout used by Islamist militants.
Pakistani intelligence officials said the explosives were fired by a quadcopter that was being operated by the Taliban militants to target a nearby military post, but that it missed the target.
An independent verification was not possible as the region is inaccessible to outsiders.
Activists of a local rights group, the Pashtun Tahafuz Movement, which is against the militarisation of the region by both the military and the Pakistani Taliban, vowed to continue the protest.
“We will continue to demand justice for our kids,” Wazir said.
The Pakistani military and Islamist militants have been fighting each other in the region for more than two decades.
More than 80,000 Pakistanis, an overwhelming majority of civilians, have lost their lives in years of violence. (dpa/NAN)