The Nation Newspaper Alternative Bank partners LAWMA to drive waste to wealth initiative
The nation’s waste recycling ecosystem has seen a revolution with the first-of-its-kind innovation by the Alternative Bank which unveiledThe initiative which is aimed at transforming the recycling landscape envisions a world where recycling drives environmental preservation and community well-being.
During a live demonstration of Wastebanc’s innovative platform, it was revealed that the initiative incentivises users for their eco-friendly contributions, allowing them to earn rewards by responsibly depositing recyclables, fostering personal engagement, and benefitting from their environmental actions.
Speaking at the product launch with key stakeholders in the financial and waste management experts in attendance, Mohammed Yunusa, Director of Digital Business and Innovations, The Alternative Bank emphasised that “Wastebanc isn’t just an app; it’s an ambitious initiative designed to empower individuals, businesses, and communities to profitably engage in recycling while safeguarding our planet’s future.
In his remarks, Abubakar Suleiman, CEO, Sterling Bank Limited, noted, ‘’We are confident that this collaboration with LAWMA serves as a testament to our shared dedication in cultivating a sustainable ecosystem, propelling us towards a future where responsible waste management is a fundamental pillar of a thriving, environmentally conscious society.”
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