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Nestlé Africa Innovation Challenge To Boost Entrepreneurship In Nigeria

Nigeria’s quest to boost local entrepreneurship received a huge support with the launch of Nestlé’s Research and Development (R&D) innovation challenge, which was unveiled in Lagos.
The SubSaharan Africa challenge, which kicked off earlier in the week in Ghana, is part of the company’s efforts to contribute to the local innovation ecosystem.
It is expected that the challenge will help boost local entrepreneurship, as well as provide a platform for start-ups, researchers and developers to contribute to local sustainable growth by bringing breakthrough ideas to the market.
Oriental a News Nigeria, reports that the innovation challenge aims to bring partners together to identify sustainable and scalable science and technology solutions that help to accelerate the innovation of products that meet local consumer needs. The R&D innovation challenge will also take place in Kenya, South Africa, Côte d’Ivoire and Senegal.
The goal is to work collaboratively with start-ups and universities to identify sustainable and scalable science and technology solutions that help to accelerate the innovation of products that meet local consumer needs.
The R&D innovation challenge calls for novel solutions across four areas: environmentally friendly packaging solutions, sustainable cocoa plantlets, affordable nutrition and new routes to market.
Stefan Palzer, Nestlé Chief Technology Officer said, “There is a growing number of Africa-based entrepreneurs and local researchers with creative ideas to address issues facing their communities.
This R&D innovation challenge presents for our company an exceptional opportunity to leverage the outstanding creativity, while helping to turn the most promising ideas into reality.”
To engage with local start-ups, Nestlé partnered with Kinaya Ventures as part of the Spring Fellowship Program, which is designed to accelerate corporate start-up partnerships and catalyze digital entrepreneurship.
The challenge also calls upon universities in Central and West African countries to submit solutions.
The selected teams will enter an accelerator program to help advance and potentially commercialize their ideas. During the accelerator, the start-up and university teams will have access to Nestlé’s R&D expertise and infrastructure at the R&D Centre in Abidjan, Côte d’Ivoire, including shared labs, kitchens and pilot-testing equipment. At the end of the accelerator, teams will have the opportunity to pitch their proof of concept to Nestlé management.
Speaking on the challenge, Mr. Mauricio Alarcon, the MD/CEO of Nestlé Nigeria said, “Today, consumer needs and challenges are rapidly evolving. Individuals and families expect tasty nutritious food choices that are at the same time affordable and accessible. Innovation has a critical role to play in providing solutions to these needs and challenges.
It is also a key driver of economic growth. We are therefore happy to launch the R&D challenge today to provide a platform for collaborating with local start-ups, academia and key external partners.” The R&D innovation challenge is part of Nestlé’s Global Youth Initiative which has an ambition to help 10 million young people around the world have access to economic opportunities by 2030.
This supports the United Nations Sustainable Development Goals on promoting inclusive and sustainable economic growth, employment and decent work for all.
In 2018, Nestlé also partnered with Ashoka and the Swiss Agency for Development and Cooperation to create the Social Investment Accelerator, which accelerates social entrepreneurship and boosts economic development of Africa.
News
LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others

Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax liability.

This was disclosed in a recent notice on Sunday.
LIRS stressed that the move was in line with the implementation of the country’s NTAA and other new tax laws, which took effect on January 1, 2026.
“Where a taxpayer fails, neglects, or refuses to settle any established outstanding tax liability when due, LIRS may exercise its power under Section 60 to direct any of the following persons to pay the amount owed by the taxpayer:
“Banks and other financial institutions; Employers; tenants, debtors, or customers of the taxpayer; Agents, business partners, and any person holding money on behalf of the taxpayer; Any person owing money to the taxpayer, whether presently due or accruing. Once a substitution notice is issued, the person served is statutorily required to remit to LIRS the amount. Specified in the notice from funds belonging to, or payable to, the defaulting taxpayer,” the LIRS notice partly read.
Meanwhile, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, weeks ago ruled out claims that the government would debit personal accounts over tax remittances.
News
Anambra Cuts Monday Pay to Kill Sit-at-Home

Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner Dr. Law Mefor announced Saturday.

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Speaking at an Awka briefing after the Executive Council’s end-of-tenure retreat, Mefor said improved security and transport have eliminated excuses for the four-year disruption, which cost the state trillions in lost revenue. “Workers enjoyed full pay despite staying away; now, no work means no pay for that day, calculated over 24 working days,” he stated.
Compliance measures include mandatory Monday clock-in forms, with markets urged to reopen fully amid bolstered security. This builds on a January 22 executive order docking 20% pay from teachers absent on Mondays.
Mefor warned that lost Mondays cripple revenue collection and productivity, rejecting alternatives like Saturday shifts as capitulation to agitators.
News
Stakeholders Demand Stronger Governance and Infrastructure to Drive Tech Adoption @ Lagos AI Summit

As AI adoption accelerates across Nigeria, leaders at the “AI in Action Now” conference 2026 have called for a balance between rapid innovation and strict regulatory governance. The event, held at the Lagos Oriental Hotel, highlighted both the doggedness of Nigerian builders and the risks of unregulated data usage.

Dotun Adeoye, Co-Founder of AI Nigeria, raised alarms over “Shadow AI”, a trend where employees upload sensitive official documents to public AI platforms. He praised the Nigerian Data Protection Commission (NDPC) for its recent aggressive stance, including multi-million-dollar fines against major banks and social media brands.
“Innovation without governance is dangerous. The regulator now has the job of educating players. We are working in partnership with them to ensure players don’t just get fined, but actually understand how to protect data locally rather than storing it abroad, ” Adeoye noted.
Addressing issues of lack of infrastructure to carry AI adoption, Conference Convener Debola Ibiyode admitted that while Nigeria lacks the traditional foundation for AI adoption, the tech community cannot afford to wait.

“The simple answer is we don’t have the infrastructure, but Nigeria has never really had infrastructure to drive anything, and we still thrive, ” Iboyode said, encouraging students and builders to look beyond current limitations. “Once we start to build based on what we have now, it will encourage those who need to provide the infrastructure to do their part. The world will not wait for us,” she insisted.
To bridge this gap, she highlighted the AI Foundry Africa, an incubator designed to mentor ideas into market-ready products.
Meanwhile, speaking to journalists on the sidelines, Biodun Ogunleye, the Lagos State Commissioner of Energy and Mineral Resources, echoed the sentiment that the government’s role is to facilitate the right environment through partnership. He emphasized that data generated from interactions with the government must have long-term value.
“We must ensure that in all facets from production to interaction with government, the tools required to ensure data has value are appreciated,” Ogunleye stated.
He concluded that through private-sector collaboration, the government can focus on its primary functions while leveraging AI to ensure the nation aspires for the future.
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