August 4, 2025

tony elumelu

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Tony Elumelu Commits ₦25 Billion to Boost Lagos Food Production Drive

July 23, 2025 Renowned Nigerian philanthropist and businessman, Tony Elumelu, has announced a landmark donation of ₦25 billion to support the Lagos State Government’s “Produce for Lagos” initiative, a strategic agricultural scheme aimed at enhancing food security and reducing dependency on external food supplies. The announcement was made during a high-level stakeholders’ forum in Lagos,

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Nigeria’s $1tn Economic Dream Hinges on Power Sector Reform – Elumelu

Chairman of Transcorp Group, Mr. Tony Elumelu, has emphasised that Nigeria’s aspiration to become a $1 trillion economy will remain elusive unless the nation urgently addresses the lingering challenges in the electricity sector. Speaking on Wednesday during the Annual General Meeting of Transcorp Group held in Abuja, the renowned entrepreneur and philanthropist stated that access

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