FG Sets Aside N365m Annual Prize for Nigeria’s Top Academic Minds

Kuni Tyessi in Abuja

The federal government has unveiled a N365 million annual National Laureate Prize to reward outstanding academic research, innovation and intellectual excellence across Nigeria’s universities, polytechnics and colleges of education.

Minister of Education, Dr. Tunji Alausa, unveiled the initiative on Wednesday in Abuja, describing it as part of efforts to reposition tertiary institutions from predominantly certificate-awarding centres into hubs of research, innovation, enterprise and national development.

Speaking at a press conference on the initiative, Alausa said the Tertiary Institutions National Laureate Prize was designed to give national recognition and tangible rewards to scholars and students whose academic work could address Nigeria’s developmental challenges or be translated into commercial ventures.