Skip to content
July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Energy Efficiency Could Save Nigerian Industries 40% in Costs — NACCIMA
  • National News

Energy Efficiency Could Save Nigerian Industries 40% in Costs — NACCIMA

Admin March 30, 2026

…As Nigeria Generates 32 Million Tonnes of Solid Waste Annually

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) says Nigeria generates over 32 million tonnes of solid waste annually.

The Director-General of NACCIMA, Mr. Sola Obadimu, disclosed this on Monday in Abuja at a project-specific interactive session with the organised private sector and other stakeholders.

The event was organised by the Global Environment Facility (GEF), the United Nations Industrial Development Organisation (UNIDO), and the Resource Efficient and Cleaner Production (RECP) project.

Obadimu, represented by Mr. Kunle Fadare, Senior Manager, Administration, said the intervention was timely and strategic.

He said Nigeria’s industrial sector accounts for over 30 per cent of national energy consumption but operates below optimal efficiency levels.

“Studies indicate that energy efficiency improvements in Nigerian industries could deliver savings of between 20 and 40 per cent, translating into reduced costs and lower greenhouse gas emissions.

“At the same time, Nigeria generates over 32 million tonnes of solid waste annually, much of which is industrial and can be reduced through cleaner production techniques,” he said.

He said the Resource Efficient and Cleaner Production approach provides a practical pathway for environmental sustainability, improved profitability, and long-term business resilience.

According to him, the initiative aligns with NACCIMA’s mandate to promote a competitive private sector.

“We will continue to advocate policies and practices that enhance productivity, reduce operational inefficiencies, and open new frontiers for sustainable growth,” he said.

Obadimu reiterated NACCIMA’s commitment to working with stakeholders to deepen awareness, build capacity, and promote the adoption of energy-efficient and cleaner production practices.

“Together, we can build an industrial sector that is productive, competitive, sustainable, and globally relevant,” he said.

Earlier, Mr. Jacob Oladipo, National Project Coordinator, GEF-UNIDO Industrial Energy Efficiency (IEE) and RECP Project, said stakeholder participation reflected strong commitment to sustainable industrial development.

He said the project had recorded major progress in promoting industrial energy efficiency and cleaner production practices.

According to him, improving resource efficiency and reducing energy consumption are not only environmentally responsible but also sound business strategies that enhance productivity and competitiveness. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Kunle Fadare Mr. Jacob Oladipo Mr. Sola Obadimu NACCIMA UNIDO

Post navigation

Previous Police intercepts 14-year-old over Lagos Airport stowaway attempt
Next AfDB says Africa’s growth risks were tilted to downside even before Iran conflict

Related Stories

APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference
  • National News

APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference

July 18, 2026
Court dismisses Bayelsa traditional ruler’s suit against SPDC FG vs ASUU
  • National News

Court dismisses Bayelsa traditional ruler’s suit against SPDC

July 17, 2026
LUTH awards research grants to 3 resident doctors treatment
  • National News

LUTH awards research grants to 3 resident doctors

July 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

How civil servants used Access Bank, First Bank, 15 others to perpetrate ₦941.9m payroll fraud
  • Crime and Justice

How civil servants used Access Bank, First Bank, 15 others to perpetrate ₦941.9m payroll fraud

July 18, 2026
APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference
  • National News

APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference

July 18, 2026
Oborevwori unveils digital advertising platform to boost Delta revenue
  • Business & Economy

Oborevwori unveils digital advertising platform to boost Delta revenue

July 18, 2026
Court sentences two to death for rape, murder of 17-yr-old Pastor jailed for rape
  • Crime and Justice

Court sentences two to death for rape, murder of 17-yr-old

July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.