He said it is important for government to focus on small companies that use local materials, not imported materials.
The three states to benefit from the first phase of the development of processing zones are Oyo, Kaduna and Cross River.
The aim, he said, was to expand renewable and rural electrification initiatives, providing additional resources to Nigeria during a challenging period.
He noted that the intervention of the federal government in developing local industries would boost economic growth and development.
“We are losing $7 billion annually, and the essence of this conference is to invite investors and people to join us in this advocacy for recycling.”
No fewer than 60 people, including farmers, coconut growers, researchers, processors, producers, marketers, and financial institutions, participated in the workshop.
