FMN Price For Innovation 2.0 recognizes and rewards Local Businesses with 10 Million Naira in Cash prizes

The high-octane pitch event which aired on February 18, 2023, brought together six finalists with businesses that have made significant contributions to the food and agro-allied sector in Nigeria through their innovative ideas and practices. After a highly competitive pitch session before the judges, the winner and first two runners-up were selected.

The winner of the grand prize of N5 Million was Eugene Olumese Osomobegbe of Osomobegbe Global Ventures, whose innovation involves the design and fabrication of highly efficient solar dryers in Nigeria. The first runner-up and winner of N3 Million was Musa Pashi Ali of Palmark Syndicate, with an innovative idea of the production of tomato powder from tomato fruit, and the second runner-up and winner of N2 Million was Damilare Jacob Ogundipe of Indigo Farms and BioResources, an entrepreneur involved in the production of Cassava Residue Pellets for Animal Feeds.