President Muhammadu Buhari has hailed the Founder of the Tony Elumelu Foundation, Mr Tony Elumelu on his remarkable vision in training, mentoring, and funding entrepreneurs from all 54 African countries, describing it as ‘a truly lasting legacy’ which he would always be remembered for.
The President pointed out that Nigeria remains very proud of Mr. Elumelu, a global icon, whose business and philanthropic interests continue to create opportunities for growth and development not only in Nigeria but in Africa as a whole.
According to him, ‘I would like to specifically congratulate the Tony Elumelu Foundation on this extraordinary humanitarian act of funding 4,949 entrepreneurs!
‘I am particularly pleased that this year alone, the Tony Elumelu Foundation will fund 1,522 Nigerian entrepreneurs from all the 36 states and Federal Capital Territory of the Federation. This unifying act by a private-sector leader is commendable and worthy of emulation by others,’ the President said in a statement.
Read Also: Why I Invested $120m In Transcorp Hotels – Elumelu
He noted that entrepreneurship and youth empowerment are important components of the work of this administration, adding; ‘we believe that they are the key to the future and recognize that by empowering our youth, we will build businesses that in turn sustain our economy.’
To all 2021 Tony Elumelu Foundation beneficiaries unveiled in Lagos Friday, November 12, President Buhari congratulated them on the accomplishment and wished them all the best in the future.
Africa Today News, New York reports that Elumelu has always stressed the need to unlock the potential of youths in Nigeria and Africa generally, stating that failure to do that could be disastrous.
In an address he delivered to 21,000 youth at the Joshua Generation International Youth Conference organised by the Anglican Church at the University of Nigeria, Nsukka, Enugu State The banking Czar maintained that youth restiveness remains a ticking time-bomb in the continent, noting that countries in the region continue to face issues around extremism, banditry, robbery, senseless killing, kidnapping, and political thuggery, among others which are all products of a malfunctional system.
AFRICA TODAY NEWS, NEW YORK