President Muhammadu Buhari has praised Chairman, United Bank for Africa, Mr Tony Elumelu, on his being named among Time 100 Most Influential People of 2020.
The president, in a statement issued on Wednesday by his Special Adviser on Media and Publicity, Mr. Femi Adesina, commended Elumelu’s vision of Africapitalism, which espouses that Africa’s private sector must play a leading role in the continent’s development through long-term investments, entrepreneurship, and regional connectivity.
He added that it was just a matter of time before such caught global attention.
President Buhari said Elumelu’s commitment to the development of African youths, whom he said had given a voice and empowerment, investing $5,000 in 1,000 young entrepreneurs per year across 54 countries, showed him as a visionary, with milk of human kindness, “and such, among others, must have qualified him for the Time Hall of Fame.”
The president said he wished Elumelu greater successes on all fronts, and recommended his strides to other high networth people.
