Nigeria recycling revenue projected at ₦100bn by 2030

Nigeria’s recycling sector could generate ₦100bn by 2030, engineers project

Environmental engineers have outlined a major revenue opportunity from waste recycling, although the available report does not provide the assumptions behind the forecast or clarify the projected figure of 250,000.

By BriefingAfrica Newsroom

Published 26 Aug 2026, 13:35 GMT+1Updated 26 Aug 2026, 13:35 GMT+11 source reviewed

Key facts

Environmental engineers project that Nigeria could generate ₦100 billion from waste recycling by 2030.

The projection was reported by BusinessDay Nigeria on 26 August 2026.

The report’s headline includes a figure of 250,000, but the supplied evidence does not identify what that number represents.

No methodology, baseline revenue figure or implementation plan is included in the available evidence.

Why it matters

The projection identifies waste recycling as a potential source of substantial revenue for Nigeria by the end of the decade. However, the practical value of the estimate cannot yet be fully assessed because the supplied evidence does not explain how the ₦100 billion forecast was calculated or define the accompanying 250,000 figure.

Nigeria could generate ₦100 billion in revenue from waste recycling by 2030, according to a projection attributed to environmental engineers. The estimate, reported by BusinessDay Nigeria, presents recycling as a potentially significant economic activity over the remaining years of the decade.

The supplied report also places the figure of 250,000 alongside the revenue forecast. However, the available summary is incomplete and does not state whether that number refers to jobs, people, businesses, tonnes of material or another measure. It would therefore be inaccurate to assign a meaning to the figure without further evidence.

Important details behind the ₦100 billion projection are also not available in the supplied material. The evidence does not identify the engineers involved, the types of waste covered, the current size of Nigeria’s recycling revenue, the investment required or the assumptions used to reach the 2030 estimate.

The forecast nevertheless signals that specialists see economic potential in recovering value from waste. Whether Nigeria can realise the projected revenue cannot be determined from the available report, which provides no timetable, policy measures, funding commitments or named projects linked to the estimate.

Further information would be needed to evaluate the projection, particularly a definition of the 250,000 figure and a breakdown of the expected revenue. Until those details are available, the figures should be treated as an expert projection rather than a confirmed outcome.