AFRICAN BUSINESS ICON: TINUBU COMMENDS BILLIONAIRE TONY ELUMELU ON 64TH BIRTHDAY
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By: Muftau Fatimo
President Bola Ahmed Tinubu has extended heartfelt birthday greetings to Nigerian billionaire Tony Elumelu on the occasion of his 64th birthday, describing him as an “African business icon.”
In a statement issued on Sunday by his spokesperson, Bayo Onanuga, the President lauded Elumelu for his remarkable contributions to business growth and enterprise development across Nigeria and the African continent.
Highlighting his roles as Chairman of United Bank for Africa and founder of Heirs Holdings and Transcorp, Tinubu noted that Elumelu has consistently championed entrepreneurship and private-sector-driven growth in Africa.
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The President also praised Elumelu’s dedication to excellence and his promotion of Africapitalism—an economic philosophy encouraging long-term private sector investments to drive sustainable development.
Tinubu further recognized the impact of the Tony Elumelu Foundation, particularly its entrepreneurship program, which has trained approximately 2.5 million young Africans across 54 countries and provided over 24,000 entrepreneurs with $5,000 each in seed funding.
Wishing him continued health, strength, and greater accomplishments, the President said, “As Elumelu celebrates this special occasion, I join his family and friends in wishing him good health, strength, and continued success in all his endeavors.”
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