President Muhammadu Buhari has commended the Founder of the Tony Elumelu Foundation, Mr. Tony O. Elumelu on his remarkable vision in training, mentoring, and funding entrepreneurs from all 54 African countries, describing it as “a truly lasting legacy.”
The President, in a statement by Femi Adesina, Special Adviser to the President (Media and Publicity), said 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 Africa as a whole.
“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.
He noted that entrepreneurship and youth empowerment are important components of the work of his 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.”
President Buhari congratulated all the 2021 Tony Elumelu Foundation beneficiaries unveiled in Lagos Friday, November 12, on the accomplishment and wished them all the best in the future.