Impact of Circular Economy on Sustainable Development in Lagos Mega City
Keywords:
Circular Economy, Lagos Megacity, Stakeholders, Sustainable DevelopmentAbstract
The circular economy is a concept that has gained considerable attention in recent years due to
its potentials to contribute to sustainable development. Lagos, the largest city in Nigeria, is
faced with numerous environmental and social challenges that require innovative solutions.
This research aims to assess the impact of circular economy on sustainable development in
Lagos megacity. A cross-sectional survey was conducted using a set of structured questionnaire
randomly administered, 121 responses were returned the data collected was analyzed using
statistical analysis techniques. The result revealed that 42.1% of the respondent are not aware
of circular economy at all and 32.2% have heard of it but not familiar only 25.7% are aware of
what circular economy it all about. Also, 43.8% of the respondent have a clear insight of the
challenges/drawbacks of implementing circular economy principles in Lagos megacity
development; while 46.3% are clear on the possible impacts of circular economy of sustainable
development in Lagos megacity. The study concludes that the level of awareness is very low
and its potentials to impact in sustainable development of Lagos megacity. The challenges and
drawbacks are visible. It is recommended that the level of awareness of circular economy be
intensified among students and all stakeholders as a whole.