Tony Elumelu | InsideOjodu https://www.insideojodu.com ...conecting the community Thu, 17 Mar 2022 11:09:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.10 http://www.insideojodu.com/wp-content/uploads/2018/12/favicon.ico Tony Elumelu | InsideOjodu https://www.insideojodu.com 32 32 Businesses are suffering, leaders should be held accountable – Elumelu https://www.insideojodu.com/businesses-are-suffering-leaders-should-be-held-accountable-elumelu/ https://www.insideojodu.com/businesses-are-suffering-leaders-should-be-held-accountable-elumelu/#respond Thu, 17 Mar 2022 11:09:46 +0000 https://www.insideojodu.com/?p=29859 The Chairman of United Bank for Africa Plc, Tony Elumelu, has stated that businesses…

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The Chairman of United Bank for Africa Plc, Tony Elumelu, has stated that businesses in Nigeria were suffering and citizens should hold leaders accountable.

Elumelu noted that despite being a rich country, over 90% of Nigerians lived in hardship and poverty.

In a long Twitter thread on Thursday, the philanthropist berated the country for allowing its citizens to suffer no electricity for days, hikes in the price of diesel, and frightening food inflation.

He said, “This morning, I am listening to my colleagues at the office bemoan the very pressing issues that they face every day in this country, and how things have been getting worse and worse – no electricity for 5 days, hikes in the price of diesel, frightening food inflation, etc.How can a country so rich in natural resources have 90% of its citizens living in hardship and poverty? I have often said that access to electricity is critical for our development, alleviation of poverty and hardship. And speaking of security, our people are afraid!Businesses are suffering. How can we be losing over 95% of oil production to thieves?Look at the Bonny Terminal that should be receiving over 200k barrels of crude oil daily, instead it receives less than 3,000 barrels, leading the operator @Shell to declare force majeure.Why are we paying taxes if our security agencies can’t stop this? It is clear that the reason Nigeria is unable to meet its OPEC (Organisation of the Petroleum Exporting Countries) production quota is not because of low investment but because of theft, pure and simple!Meanwhile, oil-producing countries are smiling as their foreign reserves rise. What is Nigeria’s problem? We need to hold our leaders more accountable!Elections are coming – security and resources need to be everyone’s agenda – let’s be vocal for our nation’s priority.Evil prevails when good people are silent. We need to be vocal about 2023. Let’s focus on Nigeria. Demand and advocate for leaders that deliver.In 2023, Nigeria must be on a strong trajectory for progress and development.”

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Tony Elumelu, to feature in the TIME 100 Talks https://www.insideojodu.com/tony-elumelu-to-feature-in-the-time-100-talks/ https://www.insideojodu.com/tony-elumelu-to-feature-in-the-time-100-talks/#respond Thu, 30 Jul 2020 09:40:16 +0000 https://www.insideojodu.com/?p=15213 Tony Elumelu, group chairman of United Bank of Africa, will feature in the TIME…

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Tony Elumelu, group chairman of United Bank of Africa, will feature in the TIME 100 Talks series on Thursday, July 30.

The founder of The Tony Elumelu Foundation will feature alongside Microsoft co-founder, Bill Gates, and US Senator Tammy Duckworth.

The TIME 100 Talks series features live conversations with influential people around the globe. Discussions, which spotlight solutions and encourage action “towards a better world”, will start at 1 pm EDT — which is 6 pm Nigerian time.

TIME100 Talks is a “new live event series that convenes leaders from every field to spotlight solutions to urgent global problems and encourage cross-disciplinary action”.

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Support the President, Elumelu Urges Nigerians https://www.insideojodu.com/support-the-president-elumelu-urges-nigerians/ https://www.insideojodu.com/support-the-president-elumelu-urges-nigerians/#respond Sat, 13 Apr 2019 16:14:41 +0000 https://www.insideojodu.com/?p=3423 Chairman of the United Bank for Africa (UBA), Mr. Tony Elumelu, has urged Nigerians…

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Chairman of the United Bank for Africa (UBA), Mr. Tony Elumelu, has urged Nigerians to support President Muhammadu Buhari’s administration.

He gave the urged on Friday after visiting President Buhari at the presidential villa in Abuja, the nation’s capital.

Elumelu expressed that “Elections are over, let’s all rally round the President and help him to realise those things that are important to him that will define his legacy, the infrastructure, improving access to electricity, road transportation.”

He noted that the President has done well in the sector, while commending the current administration for its achievements in agriculture.

Meanwhile, he wants the Federal Government to build infrastructure and engage the youths in productive ventures.

Elumelu opts that when the youths are gainfully employed, poverty in the country will be reduced to the barest minimum.

“It’s always good to see how we can create a better society where our young men and women are gainfully engaged,” he added.

He also congratulated the President on his re-election victory, urging him to leave a lasting legacy that will stand the test of time.

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