As part of efforts to drive food security and foster agricultural innovation, the Lagos State Government, through its Ministry of Agriculture & Food Systems in collaboration with the Lagos State Employment Trust Fund (LSETF) and EkoInnovation Centre, awarded grants totaling N100 million to 26 young agripreneurs at the maiden Lagos Agrinnovation Summit.
Held under the theme “Shaping Sustainable Agriculture and Food System for the Next Generation,” the summit emphasized the government’s commitment to transforming agriculture and leveraging innovation to sustain Lagos as a leader in food production.
Government’s Commitment to Food Security
Governor Babajide Sanwo-Olu, represented by Chief of Staff Tayo Ayinde, reiterated Lagos State’s determination to achieve food security and establish itself as a model for agricultural development in Nigeria and Africa.
His remarks highlighted the importance of youth-driven initiatives in revolutionizing agriculture. “This event demonstrates what Lagos can achieve when we trust and support our youth. With technology, collaboration, and sustainable practices, Lagos is poised to lead Africa in agricultural excellence.”
The Governor also acknowledged the role of the newly formed Lagos Agrinnovation Club, describing it as a community hub for young, creative agripreneurs to drive change and innovation in the sector.
Agrithon and the Agrinnovation Fund
The Agrithon competition, a flagship initiative of the summit, saw 316 business case entries from startups across the state. Following rigorous evaluations, 26 finalists were selected to share the N100 million Agrinnovation Fund. These winners, equipped with mentorship and networking opportunities, are expected to scale their enterprises and contribute significantly to Lagos State’s agricultural goals.
Celebrating Innovation in Agriculture
Abisola Olusanya, Commissioner for Agriculture & Food Systems, commended the finalists and emphasized the state’s commitment to encouraging more people to explore opportunities in agriculture. “Our young agripreneurs have shown that agriculture is not only a pathway to national prosperity but also a promising career choice.”
The Special Adviser to the Governor on Agriculture, Dr. Oluwarotimi Fashola, urged beneficiaries to make the most of the resources provided. “The future of agriculture in Lagos is bright, thanks to your innovative ideas. Let’s work together to turn these ideas into sustainable solutions.”
Winners and Their Vision
Some of the standout winners shared their excitement and plans:
– Jumamai Abalaka, founder of PricePally, received ₦7 million, stating that the funds would enable her to expand operations and drive impact.
– Dada Oyindamola, co-founder of Homal Foods, expressed gratitude for the opportunity, noting that the grant would help scale their production capacity.
– Happy Coffee Enterprise, represented by Ifeoma Ara, secured ₦5 million, which will be invested in acquiring new processing machinery.
Impact and Future Goals
The Lagos Agrinnovation Summit marks a pivotal moment in the state’s agricultural evolution. Beyond providing funding, the summit created a platform for collaboration, mentorship, and technological advancement.
The state government remains committed to monitoring the progress of these agripreneurs, ensuring that the grants are effectively utilized to strengthen the sector.
As Lagos continues its journey toward sustainable agriculture and food systems, the contributions of these young agripreneurs are expected to shape a future where Lagos thrives as an agricultural hub and an example for Africa.
