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Scrap dealers appeal to FG for soft loans

Harrison Willie by Harrison Willie
January 22, 2024
in Business, Development, Politics
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Scrap dealers appeal to FG for soft loans
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The National Association of Scrap and Waste Dealers Employers of Nigeria has appealed to the Federal Government to provide them with soft loans to expand their business.

Experts say the business generates a turnover of more than N1 trillion annually.

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The scrap dealers also urged the government to prevail on security agencies to stop harassing their members.

The Chairman of the association’s Chairmen Forum, Aminu Hassan, made the plea on the sideline of the association’s stakeholders meeting on Sunday in Abuja.

The association is a registered trade union under the Trade Union Act, Cap. T14, laws of the Federation of Nigeria 2004.

It is the umbrella body of all persons engaged in recycling, scrap and waste business, including scavengers, dissemblers, sorters, processors, converters and suppliers.

The association regulates the activities of dealers and employers in the recycling, scrap and waste business in Nigeria.

According to Hassan, the association is in dire need of funding and protection to enhance its contribution to the national economy.

“We have up to five million members, but they are operating in a very difficult environment,” he fumed.
Mr Hassan alleged that security agents usually harass them “especially in the process of conveying our products to smelting companies”.

“We, therefore, call on the federal government to intervene and assist us in checkmating the ugly trend to enable us carry out our business seamlessly.

“In Kano State alone, we have about a million members spread across the state not to talk of Lagos State where we have almost two million members in the business of scrap and waste.

“Businesses that have such huge number of members deserve financial assistance and protection from the federal government to enable them function optimally,” the chairman added.

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