From Adanna Nnamani, Abuja

Nigerian entrepreneur Mosope Olaosebikan has unveiled the prestigious MO Sustainability Prize, a $1 million initiative over five years aimed at fostering innovation in electric mobility solutions among Nigerian university students. This ambitious project seeks to propel sustainable transportation advancements in Nigeria, starting with this year’s winners.

Olaosebikan emphasizes that the MO Sustainability Prize goes beyond celebrating creativity. It provides crucial financial support and mentorship to help transform groundbreaking ideas into tangible realities. “By focusing on electric mobility in its inaugural year, the prize sets the stage for future editions to explore diverse sustainability themes, offering a platform for students to showcase their dedication to a greener future,” he stated.

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The entrepreneur expresses confidence in the potential impact of the prize, emphasizing that concepts emerging from the competition could reshape Nigeria’s electric vehicle landscape and contribute to addressing pressing environmental challenges. “With a vision to advance sustainable development within the transportation sector, the prize aims to empower young Nigerian entrepreneurs to drive positive change and accelerate the transition towards a clean energy economy,” he said.

“The MO Sustainability Prize represents an opportunity for Nigerian university students to showcase their ingenuity, gain exposure to industry experts, and secure vital resources to further their innovative solutions. By nurturing local talent and fostering a culture of green entrepreneurship, Mosope Olaosebikan hopes to cultivate a new generation of leaders in sustainable mobility, steering progress towards a brighter future for both Nigeria and the planet,” he added.

Aspiring participants are encouraged to visit the MO Sustainability Prize website for more information and to submit their groundbreaking ideas for a chance to shape a greener tomorrow for Nigeria.