RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Households waste bill rises 50% due to rise in diesel cost.

Rate Captain by Rate Captain
May 8, 2023
in Economy
Reading Time: 2 mins read
A A
0
Households waste bill rises 50% due to rise in diesel cost.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The high cost of diesel in Lagos has forced Private Sector Participators (PSPs) in waste management to increase the cost of waste bills, causing concern for the living expenses of Nigerians.

The average increase in waste bills of about 50 percent in the Lagos metropolitan area is making it difficult for households to balance their budgets while managing their waste. Consequently, some households and traders are burning their waste or discarding it in gutters, canals, and roadsides, leading to environmental degradation and health concerns.

AlsoRead

Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show

Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase

FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease

The impending rainy season will see a significant impact of the increased practice of discarding waste in these areas due to the obstruction of the natural flow of water, which increases the likelihood of flooding, especially in low-lying areas.

Godswill Agodichi, a supervisor from Continental Waste Management, Lagos, told News reporters that due to economic hardship, some residents in densely populated areas like Sari Iganmu, Ajegunle, and other slums in Lagos prefer to throw their waste in drainages and roadside than pay PSP operators for collection.

Olubunmi Ogunsanya, a resident of Ogolonto, Ikorodu, Lagos, told our correspondents that the price of waste bills in her area has increased by 100 percent.

“Some months ago, we used to pay N500 for our waste bill. However, it increased to N700, then N1,000. The increase might look small, but it negatively affects my budget during this strenuous economic situation,” Ogunsanya said.

“Whether your waste bin is filled to the brim or not, you will still have to pay the N1,000 bill.”

According to Ogunsanya, despite the increase in waste bills, PSP waste operators have reduced the number of times they collect waste.

“We were told they will come four times a month, that’s once every week. However, it’s now twice a month. There was a time it was so bad they did not come for a month,” she said.

Ogunsanya said that when the waste management did not come for a month, she had to improvise by burning the waste outside the compound. She had to separate the bottles and other things so they would burn easily.

Last year, the Lagos Waste Management Authority (LAWMA) had announced its plan to shut down Ladipo and Oyingbo markets for reckless waste dumping and poor waste management situations. The waste bill’s increase was due to the high cost of diesel, making it challenging for PSPs to operate. Some PSPs have been forced to reduce their collections, leading to non-payment by customers. Despite the need to improve waste management, PSPs face various challenges, including scarcity of foreign exchange, logistics costs, and reduced enforcement by governmental agencies.

The Lagos state government has planned to launch new legislation to curb the waste menace in the state and support businesses in the circular economy.

Previous Post

Dangote Refinery to generate $10 billion from exports- Aliko Dangote.

Next Post

TECNO releases first magic skin materials for smartphones in Africa

Related News

Naira depreciates to N755/$ in the parallel market.

Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show

by Stephen Akudike
September 22, 2026
0

Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025 from $7.43 billion in 2024, according...

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase

by Akpan Edidong
September 22, 2026
0

Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit by N25 a litre to N1,325. The cut...

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease

by Victoria Attah
September 17, 2026
0

The Federal Government raised N748.64 billion from its September 2026 domestic bond auction, with investors showing strong demand for both...

NEC Affirms CBN $3 Billion Loan for Naira Stability

Foreign Reserves Climb $12.76 Billion in a Year, Gain $708 Million in September

by Victoria Attah
September 17, 2026
0

Nigeria’s gross foreign exchange reserves rose by $12.76 billion year-on-year to $54.61 billion as of 14 September 2026, reinforcing the...

Next Post
TECNO releases first magic skin materials for smartphones in Africa

TECNO releases first magic skin materials for smartphones in Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Banking System Liquidity Falls N3.86 Trillion as CBN Open Market Operation Drains Cash

September 22, 2026
Naira depreciates to N755/$ in the parallel market.

Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show

September 22, 2026

Popular Story

  • Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

    Naira Strengthens to N1,329.80 per Dollar Officially and N1,390 on Parallel Market

    0 shares
    Share 0 Tweet 0
  • Banking System Liquidity Falls N3.86 Trillion as CBN Open Market Operation Drains Cash

    0 shares
    Share 0 Tweet 0
  • Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase

    0 shares
    Share 0 Tweet 0
  • Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>