President Muhammadu Buhari has lauded the efforts of Tony Elumelu, the chairman of United Bank of Africa (UBA) Group, in shaping and mentoring young entrepreneurs in Nigeria and across Africa.
In a statement issued on Wednesday to commemorate Elumelu’s 60th birthday, Buhari described the philanthropist as a man who has brought honour and pride to Nigeria.
Elumelu, who was ranked among the World’s 100 Most Influential Personalities in 2020 by Time Magazine, has been credited with laying the groundwork for many young entrepreneurs to succeed.
He has been instrumental in providing mentorship and training to budding entrepreneurs, thus shaping the future of business in Nigeria and Africa.
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The President’s statement read: “Elumelu’s benevolence typifies his humble background and upbringing, starting out as a young banker, daring to dream of a modern and technologically friendly financial institution, Standard Trust Bank, and leading one of the biggest mergers with the UBA, which made history and strengthened the economy.”
President Buhari also praised Elumelu’s leadership qualities, stating that his “combination of youthfulness in style, broadness in networking, with both old and young, and the passion in pursuing and realizing dreams” makes him an exceptional entrepreneur and mentor.
Elumelu, who is also the chairman of Heirs Holdings and Transcorp, has dedicated his life to philanthropy and empowering young Africans to achieve their dreams.
He has been recognized for his efforts in promoting entrepreneurship and economic development across the continent.
On his 60th birthday, President Buhari joined family members, particularly his wife, Dr Awele Elumelu, in thanking God for all the resourcefulness and impact that Elumelu has made in Nigeria and beyond.
The President also prayed for Elumelu’s long life, good health, and wisdom.