NASENI Grants N435.5 Million to Nigerian Innovators

The National Agency for Science and Engineering Infrastructure (NASENI) awarded N435.5 million in grants to innovators across Nigeria during an award ceremony on Wednesday at the State House Banquet Hall, Presidential Villa, Abuja. The Innovate Naija competition's national winner received N100 million, while the first and second runners-up were awarded N30 million and N20 million, respectively.

Additionally, 37 state champions, including Abuja, received N2.5 million each. The NASENI Intra-Agency and Inter-Agency competitions awarded a combined N162 million, with N140 million allocated to three winners of the Inter-Agency competition and N22.5 million to three winners of the Intra-Agency competition.

The top six finalists in the Future Makers competition received a total of N23 million, with the overall winner taking home N5 million. President Bola Ahmed Tinubu, represented by Minister of Innovation, Science and Technology Dr Kingsley Tochukwu Udeh, reaffirmed the federal government’s commitment to fostering innovation and urged grant recipients to responsibly utilize the funds for national development.