Flour Mills of Nigeria Set to Host Third Season of its Prize for Innovation Programme

As part of efforts to continue making a transformative impact in the food and agro-allied sector, Flour Mills of Nigeria Plc (FMN) has announced its preparedness to commence the third season of its FMN Prize for Innovation (PFI) programme.

The firm in a press release issued to journalists recently disclosed that the theme for this season, “Driving Food Self-Sufficiency in Nigeria Through Precision Agriculture,” would reflect (FMN’s) commitment to driving Food self-sufficiency in Nigeria and across the continent.
 
The organization explained that the FMN Prize for Innovation acknowledges the critical role of innovation in shaping a sustainable food system in Nigeria as the initiative would be focused on visionaries actively contributing to the realization of food self-sufficiency in Nigeria.

The brand further explained that In recognition of outstanding innovation, winners stand to receive substantial rewards as the first place winner will be awarded five million naira, the second-place winner three million naira, and the third-place winner two million naira.

Speaking on the significance of innovation in achieving a sustainable food future, The Chief Executive Officer, Flour Mills of Nigeria, Boye Olusanya pointed out that the FMN – Prize for Innovation is one of the most practical initiatives in Nigeria designed to drive food self-sufficiency in the country.

He said, “Through the FMN-PFI, the Group has been able to identify, and empower winners of the Prize such that all past winners recorded about 200 percent growth both in their business and financial outlook.

“It is an invaluable opportunity for players within the food and agro-allied space in Nigeria to build sustainable businesses and contribute to the Nation’s agenda of food sustenance.”

Olusanya added: “FMN Prize for Innovation initiative was established to encourage new ideas and innovations in the food and agro-allied sector in Nigeria and across the continent to impact and enable a sustainable food system in Nigeria.
 
Hence, we are excited to announce that from January 15th to February 15th, 2024, innovators and forward-thinkers are invited to register for the FMN Prize for Innovation Season three.

“This unique opportunity affords Nigerians an invaluable opportunity to showcase groundbreaking ideas and inventions by players within the food and agro-allied sector in Nigeria.”
 
All entries will undergo a thorough review by seasoned experts from the agro-allied sector. Beyond recognition, the selected winners will receive invaluable resources and support to foster the sustainability and growth of their businesses.