We Must Fix Electricity To Build $1 Trillion Economy – Elumelu

Chairman of Transcorp Group, Mr Tony Elumelu, has said that Nigeria’s ambition to build a $1tn economy cannot be realised without urgent and sustained efforts to address challenges in the country’s electricity sector. Elumelu, who spoke on Wednesday at the company’s Annual General Meeting held in Abuja, said access to reliable power remains the single…

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FLASH: Tony Elumelu Gets International Monetary Fund, IMF Appointment

The International Monetary Fund (IMF) has appointed Tony Elumelu, founder and group chair of Heirs Holdings, to its advisory council on entrepreneurship and growth, convened by Kristalina Georgieva, IMF managing director. The entrepreneur’s appointment was announced in a statement on Friday. The IMF advisory council comprises global business leaders, policymakers, and academics, dedicated to identifying…

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Govt Should Reveal Identifies Of People Behind Oil Theft – Elumelu

The founder and chairman of Heirs Energies, Mr Tony Elumelu has asked the Nigerian government and security agents to disclose those behind oil theft in the country. Elumelu spoke in an interview published by the Financial Times (FT) on Friday. Elumelu said oil theft contributed to the divestment of international oil companies in Nigeria. “Who…

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