Recycling firm to create over 6,500 jobs in Ogun 

A recycling firm, Neveah Limited, has said its aluminium and copper recycling facility in Ogun State would create over 6,500 jobs for residents of the state.

The company added that it hoped the employment opportunities would offer a significant boost to the local economy and address rising concerns around youth unemployment in the region.

A statement by the company on Tuesday said its Executive Officer,  Ibidapo Lawal, disclosed this during the announcement of the plant’s first production run.

Lawal described the milestone as more than a technical achievement.

He said, “This milestone is more than just production, it’s a glimpse into our future. The recycling plant, a multi-billion Naira investment, is designed to process over 44,000 metric tons of aluminium and copper annually, generate over $150 million in export revenue, create 500 direct and over 6,000 indirect jobs, and cut carbon emissions by more than 377,000 tons yearly.

Such environmental and economic benefits align with Neveah’s broader mission to foster sustainable growth and support national development goals. We are not just recycling; we are redefining how Africa contributes to the global circular economy.”

He also said that as full-scale operations begin, the plant hopes to become a cornerstone of Nigeria’s green industrial future, transforming waste into opportunity and setting a precedent for environmentally responsible industrial development in West Africa.

Beyond our domestic implications, Neveah’s venture enhances Nigeria’s standing in the global raw materials supply chain. The plant’s output meets international purity standards, making it viable for export and a potential foreign exchange earner.

“With an estimated $150 million in expected export revenue, the project aligns with national efforts to diversify the economy and strengthen non-oil sectors,” he added.