Entrepreneurship

An entrepreneur in Nigeria has found value from used car tyres

2 Mins read
  • Entrepreneur Ifedolapo Runsewe has set up Freetown Waste Management Recycle, an industrial plant dedicated to transforming old tyres.
  • The company transforms old tyres into high-demand goods such as paving bricks and floor tiles.
  • This has proven to be a safe and valuable method of waste management in Nigeria.

In Nigeria, a country heavily reliant on revenues from its oil exports, entrepreneur Ifedolapo Runsewe has identified another type of black gold: used car tyres.

She has set up Freetown Waste Management Recycle, an industrial plant dedicated to transforming old tyres into paving bricks, floor tiles and other goods that are in high demand in Africa’s most populous nation.

“Creating something new from something that will otherwise be lying somewhere as waste was part of the motivation,” Runsewe told Reuters at her factory in the city of Ibadan in southwest Nigeria.

“We are able to create an entire value chain around the tyres,” she said, holding a paving brick that is one of the company’s best-selling products.

Waste management in Nigeria is patchy at best. In villages, towns and cities, piles of waste are a common sight, and residents often burn them at night for lack of a safer method of disposal. Tyres are routinely dumped and abandoned.

A worker offloads used car tyres from a cargo tricycle in preparation for recycling at the Freetown waste management recycle factory in Ibadan, Nigeria.
A worker offloads used car tyres which will be recycled.Image: REUTERS/Temilade Adelaja
Crumb rubber is seen during recycling of used car tyres at the Freetown waste management recycle factory in Ibadan, Nigeria.
Tons of crumb rubber are left during the recycling of used car tyres.Image: REUTERS/Temilade Adelaja
A man works on the recycling line of used car tyres at the Freetown waste management recycle factory in Ibadan, Nigeria.
A man works on the recycling line, supporting the process and operations.Image: REUTERS/Temilade Adelaja
 Men work on the recycling line of used car tyres at the Freetown waste management recycle factory in Ibadan, Nigeria September 17, 2021.
Men work together to support the operations of recycling the car tyres.Image: REUTERS/Temilade Adelaja

Freetown relies on scavengers who collect old tyres from dumping grounds. They are paid 70 to 100 naira ($0.17-$0.24) per tyre.

Some tyres are also supplied directly by mechanics, like Akeem Rasaq, who is delighted to have found a place where he can make some money from old tyres.

“Most of the tyres end up in public drainage clogging up the drain, but things have changed,” he said at his roadside workshop.

See also  MTN Ghana Empowers Youth Women-led Businesses with Entrepreneurship Training

Freetown started operations in 2020 with just four employees, and growth has been so rapid the workforce has jumped to 128. So far, more than 100,000 tyres have been recycled into everything from speed bumps to soft paving for playgrounds.

“It is important to support anybody that recycles in our country,” said Houssam Azem, founder of the Lagos Jet Ski Riders Club, which has purchased paving bricks from Freetown for a children’s play area.

“Taking tyres, which is an environmental nuisance, and turning them into what children can play on, I think it is a win-win for everybody.”

Source: Fikayo Owoeye |Seun Sanni | weforum.org

Related posts
EntrepreneurshipLevel Up

Raising Entrepreneurial Children in Our Brave New World

4 Mins read
Raising Entrepreneurial Children in Our Brave New World In a rapidly evolving world, fostering entrepreneurial skills in our children is critical. Cultivating…
EntrepreneurshipLevel Up

Redefining Entrepreneurship: The Inspiring Story of Yvette Adounvo Atekpe

2 Mins read
Redefining Entrepreneurship: The Inspiring Story of Yvette Adounvo Atekpe Mrs Yvette Adounvo Atekpe is an award-winning and highly respected business leader.  She…
EntrepreneurshipMatters Arising

Dragons' Den: The Rise of The Steven Bartlett Show? Brand Expert Weighs in on the Influence of Diary of a CEO Host in Attracting Younger Entrepreneurs

7 Mins read
Dragons’ Den: The Rise of The Steven Bartlett Show? Brand Expert Weighs in on the Influence of Diary of a CEO Host…

Leave a Reply

Your email address will not be published. Required fields are marked *