Nigeria Shortlists 65 Students for ₦50m Innovation Grant

ABUJA, Nigeria – Nigeria’s Federal Government selects 65 student innovators from over 30,000 applicants for the final stage of its ₦50 million Student Venture Capital Grant programme.

Announced by the Ministry of Education under Bola Ahmed Tinubu’s Renewed Hope Agenda, the initiative targets scalable, high-impact ventures.

“The quality and ambition demonstrated… is deeply encouraging,” says Education Minister Maruf Olatunji Alausa.

Launched with the Bank of Industry, the programme offers equity-free funding to startups ready for commercialisation.

Finalists will attend a bootcamp before winners are announced at the UNDP Innovation Hub.

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Otamere Gladness

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Otamere Gladness, a Political Science graduate, is interning with Africa Health Report (AHR) as a multimedia journalist. With experience in photography and digital content creation, she produces compelling visual narratives that shed light on both the challenges and resilience within health systems and underserved communities across Africa. X (Twitter): @glad_nex

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