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Monday, July 13, 2026

Trillion-Naira drainage: Inside Africa’s lost billion E-Waste boom by Remmy Nweke - WeekendDigits@ITREALMS

In this WeekendDigits@ITREALMS investigative feature, REMMY NWEKE uncovers how Africa is losing trillions of naira through the illegal e-waste trade, exposing weak regulation, missed recycling opportunities, environmental damage, and the urgent need to transform electronic waste into sustainable economic prosperity.
Despite its massive digital footprint, booming telecommunications sector, and undisputed status as one of Africa’s largest economies, Nigeria is suffering a multi-billion-dollar economic hemorrhage. The nation is completely missing out on the $89.48 billion global electronic waste (e-waste) recycling market.
Trillion-Naira drainage: Inside Africa’s lost billion E-Waste boom by Remmy Nweke - WeekendDigits@ITREALMS
Instead of a formalized, high-tech industry driven by state-backed incentives, green bonds, and automated processing plants, Nigeria has left the management of over 1.1 million tonnes of annual discarded electronics entirely in the hands of an unorganized shadow economy of informal "hustlers," scrap dealers, and roaming door-to-door collectors.