May 11, 2023

SUSTAINABILITY

Our 3 Decades Sustainability Operation of Waste Plastic to Finished Products

and the positive impact on Nigeria’s Circular Economy.

RIDA National Plastics is the largest private sector waste plastics recycling and manufacturing company in West Africa that single handily carries out Five Waste Plastics Processes of: i) Collection, ii) Sorting, iii) Recycling, iv) Reprocessing and v) Manufacturing waste plastics into finished plastic products such as furniture and essential household waresOur finished plastics production is 100% sustained by waste plastic supply from landfills, dump sites and other waste streams – supplied by over 2,500 Nigerians engaged in our Plastic Waste ‘Circular Economy’ supply chains.

We recycle over 12,000 tons of waste plastic every year and remanufacture into new quality plastic products such as Basins, Buckets, Bowls, Chairs, Tables and  sell these finished plastic products at a proportional sales value that is LOWER than the cost of virgin plastic raw material resin (price weight to cost ratio per kilogram) – meaning we sell our finished plastic products cheaper in weight compared with the equivalent cost of the exact same weight of imported plastic raw material – clearly demonstrating plastic product pricing subsidies to the Nigerian population

Each year, we produce over 1,500,000 Chairs and over 8,000,000 Basins out of 100% Waste Plastics Pollution. In its history, Rida National Plastics has manufactured over 55 million plastic chairs and over 160 million Basins of various sizes between 100 litres to 25 litre that have enormous positive impacts on the lives of tens of millions of Nigerians towards usage for water storage, for food preparations, cleaning/washing and multiple other uses. Having provided the Nigerian population with our subsidised plastics homeware products for over 2 decades, over 200 million Nigerians have been afforded a better quality of life by our household plastic wares that are life improvement products giving enormous positive impacts on the lives of hundreds of millions of people.

Our 20-year waste plastic to finished plastics sustainable operation generates a net positive contribution to the Nigerian Economy worth over N27.9 billion per year by each linear operational economic impact and exchange savings from dependency on virgin plastic raw materials imports, demonstrating our positive circular economy impact on the Nigerian economy. 

In 2024 we paid over N6,000,00,000 (SIX Billion Naira) on Waste Plastic collections.

WHO IN AFRICA HAS DONE ANYWHERE NEAR WHAT RIDA DOES??