RIDA CIRCULAR ECONOMY IMPACT
Integrating 5 Linear Operations into
1 Sustainable Circular Economy from Waste Plastics
Worth N14,540,291,225 per annum in 2025
Data for our 2025 Operations
CIRCULAR ECONOMY VALUE OF OUR 2025 OPERATIONS = N14,540,291,225
| Linear Economic Impact | Value Chain (%) | Waste Processing in Tons 2025 |
|---|---|---|
| Waste Plastic Collections | 41.3% | 9,128 Tons |
| Waste Plastic Sorting | 4.2% | 1,915 Tons |
| Recycling Waste Plastic | 21.5% | 7,937 Tons |
| Reprocessing Recycled Plastic into Plastic Resource | 9.5% | 3,466 Tons |
| Plastic Manufacturing | 23.5% | 7,636 Tons |
| Total | 100% | 30,082 Tons |
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Plastic Collections: N6.005 billion per annum paid to local supply chain that collect and supply 10,000 tons waste plastics, haulage transportation providers.
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Waste Plastic Sorting: N0.611 billion per annum paid in new job creation to local employed indirect labour for waste plastic sorting.
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Waste Plastic Recycling: N3.126 billion per annum paid on labour direct and manufacturing expenses or local engineering, tooling, transportation, local consumptions, and other local companies, paid for local electrical power content, direct labour costs, indirect expenditure spent on local content companies, engineering services providers, utilities providers etc.
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Recycled Plastic Reprocessing: N1.381 billion per annum paid on labour direct and manufacturing expenses or local engineering, tooling, transportation, local consumptions, and other local companies, paid for local electrical power content, direct labour costs, indirect expenditure spent on local content companies, engineering services providers, utilities providers etc.
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Plastic Manufacturing: N3.417 billion per annum paid on labour direct and manufacturing expenses or local engineering, tooling, transportation, local consumptions, and other local companies, paid for local electrical power content, direct labour costs, indirect expenditure spent on local content companies, services providers, utilities providers etc.