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A board member of Sustainable Electronic Recycling International (SERI), United States, Prof. Oladele Osibanjo, yesterday advised the Federal Government to consider recycling old phones, computers and other electronics, saying it was a good source of wealth and employment.
Addressing newsmen at the “PZ Cussons Chemistry Challenge” media and stakeholders meeting in Lagos, Osibanjo said there were about 250 kilogrammes of gold in one million phones, adding that with e-recycling the country would witness economic prosperity and massive job creation.
He stated that the United Nations had acknowledged the wealth potential of recycling, noting that Nigeria would no longer have to bank on oil, as she would be getting gold and silver from e-recycling.
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The analytical chemist further stated that although plans were underway to attract investors into the country for the establishment of e-recycling centres, poor regulations suffocating business environment were impeding efforts.
