President Tinubu celebrates Tony Elumelu’s birthday, praising his impact on African enterprise and youth empowerment through $5,000 grants
Tinubu Celebrates Tony Elumelu at Birthday, Praises Africapitalism and Youth Empowerment
President Bola Ahmed Tinubu has paid glowing tribute to renowned investor, banker, and philanthropist Tony Elumelu, describing him as “an African business icon and a leading advocate of Nigerian and African enterprise.”
In a birthday message marking Elumelu’s celebration on March 22, the President spotlighted his far-reaching influence across Africa’s economic landscape.
Tinubu highlighted Elumelu’s leadership roles as chairman of Heirs Holdings, United Bank for Africa (UBA), and Transcorp, alongside his work as founder of the Tony Elumelu Foundation.
He commended the business mogul for “his resilience, the excellence that governs his entire enterprise, and his steadfast belief in Africapitalism,” noting that his contributions continue to shape Africa’s economic future.
The President gave special recognition to the Tony Elumelu Foundation’s flagship entrepreneurship programme, describing it as a powerful engine for youth empowerment across the continent.
According to him, the initiative “has so far trained 2.5 million young Africans across 54 countries and empowered over 24,000 budding African entrepreneurs with non-refundable seed capital of $5,000 each.”
“As a strong supporter of youth investment,” Tinubu said, he “particularly lauds the Tony Elumelu Foundation’s entrepreneurship programme,” underscoring its role in expanding opportunities and driving inclusive growth.
“As Elumelu marks this special occasion,” the President added, he “joins his family and friends in wishing him good health, strength, and continued success in all his pursuits.” Read More
