As part of efforts to reduce environmental pollution, Ecobank has revealed it has succesfully removed more than 2 million plastic bottles in exchange for cash from the streets of Lagos.
Ecobank had announced people should exchange plastic bottles for cash at designated locations within the state after the campaign kick started in May.
Speaking on the success recorded so far, the managing director of Ecobank Nigeri, Patrick Akinwuntan restated the commitment of Ecobad to supporting the sustainace of the envronment.
He said, “So far we have succeeded in removing over two million bottles from the streets of Lagos. We hope to get to the 4 million target we set for ourselves within the next few months. We are grateful to our partners who have been consistent in their push to achieve this target.
“I use this opportunity to renew the call on residents to take their used plastics to the Lagos sewage treatment plant in Amuwo Odofin and get cash instantly. Plastic waste is seriously affecting our food, oceans, harming marine life and threatening our food chain. As a responsible corporate organisation, we will do all it takes to check the trend to ensure a safer living environment,” he stated.
Akinwuntan stressed that “the initiative was part of a deliberate policy of the bank to support environmental sustainability for all. Our sustainability activities are part of the universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. The idea for this is to support the removal of non-biodegradable materials from the environment to support healthy and safe living.”
Speaking about the “Cash for Plastic” initiative, the executive director and chief risk officer of Ecobank Nigeria and the coordinator of the initiative Biyi Olagbami said Ecobank is optimism the scheme will go a long way in improving the lives of the people by removing bottles which usally constitute clog in water channels, leading to flooding in some parts of Lagos.
“We appreciate the response we are getting from residents and we hope to sustain this effort in assisting to clean our environment.
initiative to other major cities in Nigeria in the future,” he stated.