The minority caucus in the House of Representatives has congratulated the Chairman of the United Bank for Africa (UBA) group, Dr Tony Elumelu, for making the list of top 100 most influential people in the 2020 Time Magazine Award.
In a statement signed by the Minority Leader of the house, Rep. Ndudi Elumelu (PDP-Delta), the caucus described the recognition as “well deserved”.
The caucus said that the foremost African entrepreneur and philanthropist Dr Elumelu had selflessly contributed to human capital development, wealth creation, economic growth as well as empowerment of young entrepreneurs across Africa.
It said that Dr Elumelu’s entrepreneurial spirit, hard work and innovativeness had again brought respect and honour to Nigeria in the International arena.
“As lawmakers, we are proud of Dr Elumelu, whose performance in global business competitiveness has further reinforced our individual and collective resilience to add value in our national, continental and global quest for economic growth and better living standard.
”We celebrate Dr Elumelu’s achievement in providing corporate and consumer banking services to more than 21 million customers every year in no fewer than 20 African countries, the United Kingdom and France.”
It noted his feat in financial services, hospitality, healthcare, power and energy to boost wealth creation, business and employment opportunities and better living standard in Nigeria and across Africa.
The caucus also noted that the recognition by Time was another loud ovation to the Tony Elumelu Foundation (TEF) for its creation of millions of jobs particularly through the investing in 1000 young entrepreneurs every year, across all 54 African countries.
The reps said that Dr Elumelu’s economic philosophy of Africapitalism had repositioned private sector engagement across the continent.
The lawmakers urged Dr Elumelu to see this recognition as a voice speaking for the beneficiaries of his programmes and a call for more service to humanity.
The caucus also commended other public-spirited individuals, who in no small measure had been contributing to development and economic empowerment in our nation. (NAN)
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