Waste Management & Recycling Company

Collect, sort, and sell recyclables (PET, aluminium, cardboard) to offtakers while charging estates and businesses collection fees. Nigeria generates 32 million tonnes of solid waste annually — most uncollected.

Monthly Potential

₦350k–₦8.0M

Difficulty

Advanced

Capital Needed

₦500,000

Income Period

Per Month

🧠 Skills You'll Need

B2B Green Energy Scalable Recurring Construction Route Planning App QuickBooks WhatsApp Business Weighing Scale + Receipt Printer

📍 Works Best In

Lagos Abuja Port Harcourt Nationwide

🚀 How to Get Started

1

Register a limited liability company — collection contracts require corporate identity
2

Buy a truck or hire: Kia K2700 (₦500k–₦2m) or hire at ₦15k–₦25k/trip
3

Sign collection contracts with estates (₦150k–₦500k/month each), schools, factories
4

Sort waste at depot: PET bottles ₦100–₦150/kg, aluminium ₦400–₦600/kg — sell to Wecyclers or Vicmart
5

Apply for UNIDO and Lagos LASEPA recycling grants and equipment support

🎓 Sign Up Free to Get Waste Management & Recycling Company Course

💰 Ways to Fund This

National MSME Awards Grant (FG "Renewed Hope for MSMEs")

₦100,000–₦5,000,000

Grant

Registered or registering Nigerian MSME (CAC registration usually required or fast-tracked). Application windows open periodically, not year-round.

📊 Non-repayable grant — no interest, no repayment.

🌐 Apply

SMEDAN Programmes (free registration, training, grant windows)

₦0–₦3,000,000

Government Fund

Nigerian-owned micro or small business. Free CAC business name registration via the CAC-SMEDAN partnership is a common entry point.

📊 Varies by scheme — many components are free or grant-based; some link to subsidized loans.

🌐 Apply

NIRSAL Microfinance Bank — AGSMEIS (Agri-Business/SME Investment Scheme)

₦500,000–₦10,000,000

Microloan

Nigerian SME or agribusiness owner; must complete a NIRSAL-approved Entrepreneurship Development Institute (EDI) training and get a completion certificate before disbursement.

📊 9% per annum interest (non-interest/Sharia-compliant option also available) — well below commercial or fintech rates. Up to 18-month moratorium before repayment starts.

🌐 Apply

NIRSAL Microfinance Bank — Targeted Credit Facility (TCF)

₦50,000–₦25,000,000

Microloan

Nigerian household, micro-enterprise, or small business; originally COVID-era, has continued as a general SME/household facility — confirm current status before applying.

📊 5% per annum interest — among the cheapest business credit available in Nigeria.

🌐 Apply

⚠️ Informational only — not financial advice. Confirm current terms directly with each provider before applying, and borrow only what you can repay.