ElumeluPledgesN500mforDeltaEntrepreneurship Programme

The founder of the Tony Elumelu Foundation (TEF) and Chairman of the United Bank for Africa (UBA), Mr. Tony Elumelu has pledged N500 million for the creation of an entrepreneurship programme exclusive to indigenes of the state. He made the commitment after presenting 50 beneficiaries of the TEF Entrepreneurship Programme to Governor Ifeanyi Okowa of Delta state

Elumelu added: “Indeed, hearing about your commitment to our youth and the impressive work you have done in the state, I am proud to call you my Governor and it makes me even more proud of my state.” Okowa in his speech, commended Elumelu for the work of his foundation, highlighting that TEF’s recent collaboration with French President Emmanuel Macron demonstrates the level of global recognition and stature that the foundation had received.

“You didn’t restrict the impact of your foundation to Delta, or even to Nigeria, you have empowered 4000 across Africa. “What you are doing my brother is giving hope to others, who in turn will help to change the narrative of our country and continent and influence the people around them.

“You are changing the narrative of giving - not just handouts but giving skills and mentoring. In the next ten years, the impact of the Tony Elumelu Foundation will be truly transformational - the multiplier effect will be huge. The whole country should support and think positively in this same direction,” the Delta state governor said. A highlight of the event was the sharing of success stories between beneficiaries of the Foundation and the beneficiaries of the different wealth and entrepreneur development programmes of the Okowa administration.