NBTI announces $600m pipeline for Nigerian innovation

The National Board for Technology Incubation (NBTI) announced a financing pipeline exceeding $600 million after 298 Nigerian innovators took part in the NextGen Innovation Challenge 2026 in London. The proposed package includes $500 million for solar programmes at universities and polytechnics and $100 million for the Tinubu Light Initiative, though the funds have not been confirmed as received or fully mobilised. Tinubu Light aims to deliver solar solutions to one million micro and small businesses, create 50,000 direct youth jobs and train 10,000 field marketers. Other announced outcomes include a $100,000 investment commitment for three women innovators and acceleration opportunities and scholarships for 16 participants.