Our idea bank houses our original ideas & innovative projects.
The Alder Prize
What is the Alder Prize? The Alder Prize is an award for innovative ideas that have the potential to move the Nigeria nationstate forward. It was organised by Alder Consulting between 2005 and 2006 to spur public involvement in national progression.
Ideas were welcome from all fields, including Economics, the Sciences, Technology, Culture, the Arts, Humanities, Political Sciences and Engineering. The competition was open to all nationalities and age groups. It was judged by an expert panel of distinguished Nigerians.
Features
1. The cash award for 2006 was N0.5m (about $3,600.00 at the time).
2. The ideas remained the intellectual property of the originator, thus he/she maintained proprietary right to the idea.
3. Shortlisted and winning entries were published online and in other media.
A panel of esteemed professionals reviewed the shortlisted entries and selected the winner.
The winner of The Alder Prize (2006) was: Students’ Research Group (University of Benin, Edo State)
Production of cheap, safe and esterified organic fertilizer as an alternative to inorganic fertilizer in Nigeria.
The other shortlisted entries in ranking order were: Seriki Adive Ege Importance of biotechnology in food processing: The use of nisin
Engr. Fidel A. Ogar Low-cost high quality building innovation / block bonding and lintel (e-z lay /e-z lintel)
Binuomoyo Yinka Kehinde Using faith-based organisations to empower people
Dr. Kuponiyi Olugbenga Temitope The emergence of the Nigerian geniuses
Olajide Adeyeoluwa Science and technology: Using a biotechnology product to solve two major problems in Nigeria
Ogankpa Wilson Okechukwu Strategy for controlling malaria infestation in Nigeria
The Award Ceremony took place on Monday, 9th October, 2006, during Alder’s brand conference and seminar, mind the_gap 2006, at the Transcorp Hilton, Abuja, Nigeria.
Seriki Adive Ege 
Importance of biotechnology in food processing: The use of nisin