Buhari congratulates Tony Elumelu on recognition by Time


President Muhammadu Buhari on Wednesday lauded Chairman, United Bank for Africa, Mr Tony Elumelu, on his being named among Time100 most influential people of 2020.

In a statement by his Special Adviser on Media and Publicity, Femi Adesina, the President commended Elumelu’s vision of Africapitalism, “which espouses that Africa’s private sector must play a leading role in the continent’s development through long-term investments, entrepreneurship, and regional connectivity.”

He said that it was just a matter of time before such caught global attention.

Adesina added that the President said Elumelu’s commitment to the development of African youths, whom he had given a voice and empowerment, investing $5,000 in 1,000 young entrepreneurs per year across 54 countries, “pedestals him as a visionary, with milk of human kindness, and such, among others, must have qualified him for the Time Hall of Fame.”

He said the President wished Elumelu greater successes on all fronts, and recommended his strides to other high networth people in the country.

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