Babalakin & Co. Backs Young Artists With N9m

Leading commercial law firm, Babalakin & Co., has reaffirmed its commitment to strengthening Nigeria’s creative economy by rewarding outstanding young artists and promoting the role of law in protecting creativity, intellectual property and artistic innovation.

 At the grand finale of the second edition of its Art Competition and Exhibition in Lagos, the firm presented a total of N9 million in prize money to four emerging Nigerian artists selected from 26 finalists shortlisted from more than 100 entries submitted across the country. The 2026 competition was held under the theme, “Japa to Japada”, encouraging young Nigerians to reflect on migration, homecoming and the opportunities that exist to contribute to national development.

 Speaking at the event, the Managing Partner of the firm, Olawale Akoni, SAN, said the initiative was conceived to bridge the worlds of law, art and social development by creating opportunities for young creatives to thrive in a professional environment. He explained that beyond recognising artistic excellence, the programme seeks to educate emerging artists on intellectual property rights, contractual relationships and other legal safeguards essential for building sustainable careers.

 Akoni said the idea for the competition emerged during discussions about decorating the firm’s new office, when a suggestion was made that instead of acquiring works from established artists, the firm should create opportunities for young talents to showcase their creativity. He described the initiative as a long-term investment in Nigeria’s creative industry, noting that the sector contributes significantly to Nigeria’s economy and supports millions of jobs.

 Senior Partner, Dr Bolanle Olawale Babalakin, SAN stated that this year’s theme reflects the need for Nigerians, particularly young professionals and creatives, to see the country not only as a place of challenges, but also as a land of opportunities. He urged Nigerians in the diaspora and those considering relocation to continue contributing to nation-building, expressing optimism that the competition would evolve into one of the country’s foremost platforms for discovering artistic talent.

 At the end of the competition, Segun Owolabi emerged overall winner and received the top prize of N5 million, while Faith Michael won the second prize of N2 million. Ridwanullah Zakariyau claimed the third prize of N1 million, while Joseph Oluebubechukwu received N1 million after emerging winner of the People’s Choice Award, bringing the total prize money to N9 million.

 The Organisers expressed appreciation to the panel of judges, partners and staff of the firm for supporting the initiative, reaffirming their commitment to making the annual competition a major platform for discovering young artistic talents, and demonstrating how the legal profession can contribute meaningfully to Nigeria’s cultural and creative development.