Nigeria targets N100bn revenue from 800,000 tons of metals recycling
Nigeria is set to recycle more than 800,000 tons of metals annually and generate over N100 billion in revenue through the newly launched End-of-Life Vehicle (ELV) Regulation, the National Automotive Design and Development Council (NADDC) has said. The Director-General of NADDC, Mr. Oluwemimo Joseph Osanipin, disclosed this at a sensitisation and advocacy workshop on the […]
Nigeria is set to recycle more than 800,000 tons of metals annually and generate over N100 billion in revenue through the newly launched End-of-Life Vehicle (ELV) Regulation, the National Automotive Design and Development Council (NADDC) has said.
The Director-General of NADDC, Mr. Oluwemimo Joseph Osanipin, disclosed this at a sensitisation and advocacy workshop on the regulation in Kano.
He said the initiative, which was officially launched by the Minister of State for Industry, Senator John Owan Enoh, in March 2025, represents a landmark step toward sustainable automotive waste management in the country.
Osanipin, represented by the Director of Policy, Planning and Statistics, Sani M. Musa, explained that the regulation will not only address waste disposal challenges but also provide a “strategic blueprint” for economic diversification and environmental protection.
“The regulation will recycle vast quantities of valuable materials, generate revenue, and reduce Nigeria’s carbon footprint. Through this process, we anticipate the creation of more than 40,000 direct and indirect jobs,” he stated.
He added that NADDC would set up a steering committee comprising government agencies, industry players, environmental experts, and local communities to guide the implementation process.
Also speaking, the Managing Director of the Recycling and Economic Development Initiative of Nigeria (REDIN), Dr. Fyneray Mbata, highlighted the benefits of adopting modern ELV recycling technologies.
He said Fabtech Company has proposed an ELV plant in Abuja equipped with depollution systems, vehicle shredders, sensor-based sorters, and catalytic converter recovery systems.
“These technologies will ensure efficient recycling and recovery of ferrous and non-ferrous metals as well as platinum group metals from catalytic converters, thereby creating value for the economy,” Mbata said.
On his part, the Deputy Chairman of the House Committee on Environment, Hon. Terseer Ugbor, said the regulation, modeled after Japanese and Dutch systems, would enhance Nigeria’s recycling capacity.
He noted that the framework would enable the recovery of over one million used batteries annually alongside the recycling of 800,000 tons of metals, generating more than N100 billion in revenue.
Ugbor further revealed that an “automotive recycling fee” would be introduced in line with the ‘polluter pays principle’. The levy, to be collected at the point of vehicle registration, would range from N2,000 for motorcycles to N10,000 for heavy-duty vehicles.
“The funds, projected at about N60 billion annually, will support recycling facilities, research, and auto parts manufacturing across the country,” the lawmaker said.