President Muhammadu Buhari has commended the founder of the Tony Elumelu Foundation, Mr Tony O. Elumelu over the selection of 4,949 beneficiaries in its 2021 entrepreneurship programme.
He praised the industrialist on his remarkable vision in training, mentoring, and funding entrepreneurs from all 54 African countries, describing it as “a truly lasting legacy.”
A statement by the Special Adviser to the President Media and Publicity, Mr Femi Adesina, said the President noted that entrepreneurship and youth empowerment are important components of the work of this administration.
The President says Nigeria remains very proud of 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 says.
He said: “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, Buhari congratulated them on the accomplishment and wishes them all the best in the future.
According to the statement, the President also lauded the pioneer of the foundation, Tony Elumelu, for his vision in mentoring and funding African entrepreneurs.
Buhari described Elumelu’s vision as “a truly lasting legacy” in the statement titled, ‘President Buhari Congratulates Tony Elumelu Foundation on Selection of 5000 Young Africans for 2021 Entrepreneurship Programme.’
“I would like to specifically congratulate the Tony Elumelu Foundation on this extraordinary humanitarian act of funding 4,949 entrepreneurs,” the statement quoted Buhari as saying.
He added, “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.”
Buhari noted that his administration viewed entrepreneurship and youth empowerment as important components.
He added, “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.”
Buhari also congratulated the beneficiaries of the programme unveiled in Lagos on Friday, wishing them the best in the future.