Stanbic IBTC Pension Managers has unveiled plans to award N50 million to winners of its upcoming FUZE 3.0 talent show.
This is as the pension company unveiled the panel of judges for the event at the FUZE festival media parley held in Lagos.
The chief executive, Stanbic IBTC Pension Managers, Olumide Oyetan revealed this year’s theme: ‘Light it up’, saying the theme encapsulates the show’s mission to illuminate and celebrate Nigerian youths’ boundless creativity and talent.
Olumide emphasised the transformative power of the FUZE Talent Show, stating, “each season, we have witnessed this platform’s ability to uncover, foster, and propel young talents into the spotlight; giving rise to new stars who now shine across the realms of music, dance, fashion, and technology.”
He noted that “the grand prize of N50 million for this year’s winners set new stakes for talent competitions in Nigeria.
This substantial increase in prize money underscores Stanbic IBTC Pension Managers’ commitment to providing life-changing opportunities for young Nigerian talents.”
Olumide called on Nigeria’s youths to seize this opportunity to participate.
The executive director of Business Development at Stanbic IBTC Pension Managers, Nike Bajomo, added that the event, which celebrated technology, fashion, dance, music and other various sectors in the country, aimed to empower Nigerian youths by providing a platform for artistic expression and innovation, emphasising that the talent show went beyond mere competition.
Bajomo noted that for each category, the winner would be rewarded with N7.5 million, while the first runner-up would get N3 million, and the second position would get N2 million.
Also, the head of Business Development at Stanbic IBTC Pension Managers, Kenneth Omeogu, revealed that this year’s competition had attracted a larger number of participants, doubling the entries from Lagos.
“This year we have doubled the number of participants coming out of Lagos. We also improved our platform regarding registration and entries,” he added.