Flour Mills of Nigeria (FMN) has announced a fresh investment of more than N300 million in 11 food innovators as part of its Prize for Innovation programme, aimed at accelerating sustainable food systems in Niger.
The funding, which will be distributed across the selected innovators, is intended to support the development and scaling of new food technologies and practices that can improve productivity and resilience within the country’s agri‑food sector.
FMN’s initiative, which has already attracted a number of promising projects, seeks to bridge the gap between research and commercial application, ensuring that innovative solutions reach farmers and consumers alike.
While the company has not released a detailed breakdown of the allocation per project, the total investment reflects its commitment to fostering a more sustainable and self‑sufficient food system in the region.
For further details, readers can visit the original report on Punch Nigeria: https://punchng.com/fmn-invests-over-n300m-in-food-innovators/.
<small>Source: Punch Nigeria — read the original story there.</small>