CRMI Awards ₦3m To Students In First University Risk Management Pitching Contest
By Sunday Etuka
The Chartered Risk Management Institute of Nigeria (CRMI) has launched a competition that challenges university students to use risk management thinking to solve national problems, as part of activities marking its 25th anniversary.
In a statement signed by its President and Chairman of Council, Kevin Ugwuoke, the institute said the maiden University Risk Management Pitching Essay Competition was a strategic step towards building risk awareness and strategic thinking into Nigeria’s educational system, at a time of economic reforms, technological advancement and global uncertainty.
Ugwuoke said a resilient Nigeria needs more than strong institutions and sound policies. It also needs a new generation of professionals who can anticipate uncertainty, make informed decisions and turn risks into opportunities for sustainable national development.
The competition, themed “Building a Resilient Nigeria Through Strategic Risk Management,” was held at the Oriental Hotel, Victoria Island, Lagos.
Students from Nigerian universities were asked to identify critical national challenges and propose practical, sustainable solutions using risk management principles.
The institute said the initiative aims to bridge academia and professional practice.
Finalists were judged on their grasp of risk management, depth of analysis, innovation, feasibility, presentation and evidence, and made live pitches before industry professionals and stakeholders.
Dominican University emerged overall winner, while Covenant University and Ajayi Crowther University took first and second runner-up positions respectively.
The three teams received ₦1.5 million, ₦1 million and ₦500,000 respectively, along with plaques.
All participants will receive certificates and free membership of CRMI, giving them access to professional development opportunities.
Eligible teams can also apply for the 2027 Spencer-RIMS Student Risk Management Challenge, with the top eight teams advancing to RISKWORLD in New Orleans, USA.
