The company says they have retrieved over 600,000 tyres, 400,000 of which have been recycled into new products.
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NewsTranscript
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00:02 Before now, the majority of these tires you see around,
00:20 they waste away.
00:21 And this is source of wealth, from waste to wealth.
00:26 A lot of people have been imparted at the factory.
00:29 You can see how many people are working there.
00:32 They are earning their source of livelihood there.
00:35 It's a great thing.
00:36 And the products they make from there, they can sell locally,
00:41 and they can sell internationally.
00:42 Now we have solution for insulation.
00:45 We have solution for transportation flooring
00:48 as well.
00:48 And now we are also moving into the sustainable fashion space.
00:51 We are rolling out our flip-flops
00:53 made from the same recycled tires.
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01:18 Not recycling our waste tires and disposing of them properly
01:22 actually causes huge threat to our environment.
01:26 Over time, because the tires are non-bulky,
01:28 we spend so much time on our dump sites.
01:30 And you see in major dump sites, what happens over time
01:33 is to make space for new waste, for new solid waste,
01:36 we usually have to resort to burning them.
01:38 And burning them will release CO2 emissions as well as
01:41 other greenhouse gases, which are quite detrimental
01:45 to our climate.
01:46 And also some of the tires we've discovered
01:48 end up in our drainages.
01:49 And during the raining season, this
01:51 contributes to flooding in some areas,
01:53 especially in major cities like Lagos.
01:55 And then you also have piles of tires,
01:57 stockpiles in waste grounds.
02:00 Over time, they collect waters.
02:01 And this becomes a breeding ground for mosquitoes.
02:03 And then you have a huge surge in the spread of malaria.
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