Nigerian Entrepreneur Launches $1 Million MO Sustainability Prize

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

Olaosebikan underscores that the MO Sustainability Prize surpasses the mere celebration of creativity. It offers vital financial support and mentorship to help translate groundbreaking ideas into tangible realities. “By focusing on electric mobility in its inaugural year, the prize lays the groundwork for future editions to explore diverse sustainability themes, providing a platform for students to demonstrate their commitment to a greener future,” he stated.

The entrepreneur exudes confidence in the prize’s potential impact, noting that concepts emerging from the competition could reshape Nigeria’s electric vehicle landscape and contribute to addressing urgent environmental challenges. “With a vision to promote sustainable development within the transportation sector, the prize aims to empower young Nigerian entrepreneurs to effect positive change and accelerate the transition to a clean energy economy,” he explained.

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

Aspiring participants are encouraged to visit the MO Sustainability Prize website for further details and to submit their groundbreaking ideas, shaping a greener tomorrow for Nigeria.

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