Business

Tinubu celebrates Tony Elumelu, hails Africapitalism vision

Photo caption: Chairman of Transcorp, Tony Elumelu. Photo credit: Transcorp

 

President Bola Tinubu has congratulated renowned economist, banker and philanthropist, Tony Onyemaechi Elumelu, on the occasion of his birthday on March 22.

In a statement on Saturday signed by Bayo Onanuga, Special Adviser to the President on Information and Strategy, the President described Elumelu as “an African business icon and a standout advocate of the Nigerian and African enterprise.”

Elumelu is the chairman of Heirs Holdings, United Bank for Africa, Transcorp, and the founder of the Tony Elumelu Foundation.

President Tinubu commended the business leader for “his resilience, the excellence that governs his entire enterprise and his staunch belief in Africapitalism.”

The President also praised Elumelu’s commitment to youth development, particularly through the Tony Elumelu Foundation’s entrepreneurship programme, which he noted “has so far trained 2.5 million young Africans in 54 countries and empowered over 24,000 budding African entrepreneurs with non-refundable seed capital of $5,000 each.”

As Elumelu marks the occasion, Tinubu joined his family and associates in wishing him “good health and strength and continued success in his pursuits.”

 

 

 

Related posts

Sahara Group Foundation unveils MADAA to drive innovation across Africa

Editor

Nigeria, India to increase collaboration in corruption fight

By Meletus EZE

Businesses hit with N96.4tr losses as power failure worsens

Our Reporter

NEITI urges smarter borrowing, transparent debt management to safeguard grassroots development

Editor

Save N25trn investment, 500,000 jobs, FOBTOB begs FG

Editor

Brazil vows retaliatory tariffs against US if Trump follows through on 50% import taxes

Editor