President Tinubu Celebrates UBA Chairman, Elumelu At 61

Tony Elumelu, Chairman of the Board of the United Bank for Africa has been celebrated by President Bola Tinubu on his birthday.

Recall that the businessman turned 61 today.

Ajuri Ngelale, Tinubu’s Special Adviser on Media and Publicity, signed the statement containing the message.

The message is captioned “President Tinubu Celebrates Top Business Leader, Tony Elumelu, on His Birthday.”

“President Tinubu wishes Mr. Elumelu many more years in good health and strength as he persists in his endeavour of contributing substantially to national and continental development,” the statement read in part.

Tinubu lauded the foremost businessman and philanthropist, who chairs Heirs Holdings, Transcorp, United Bank for Africa, and is the founder of The Tony Elumelu Foundation.

Commending Elumelu for his industry and the uncommon spirit of excellence that governs the entirety of his enterprise, the President acknowledged the business leader’s “streak of genius in driving investments, creating opportunities for Africa’s ebullient youths, and providing them with the support they need to soar.”

He also commended Elumelu, who was named one of Time’s 100 Most Important People in 2020, for his unwavering belief and faith in the certainty of a bigger Nigeria, as well as for always portraying the finest of the country.

In other news, President Bola Ahmed Tinubu has urged Nigerians to give his government time to address the country’s issues.

With the promise of a more secure and prosperous future for the country, he asked Nigerians to exercise patience while his administration’s economic reforms started to take effect.

Speaking at the 16th Edition of the LEADERSHIP Annual Conference and Awards, where he was named “Person of the Year,” Tinubu argued that, despite the obstacles in the way of a more robust and stable economy, Nigeria is on track to achieve long-term economic success thanks to the government’s reforms.

Tinubu was represented by Mohammed Idris Malagi, Minister of Information and National Orientation.

He continued his speech to the audience by making a daring declaration on the state of the nation’s economy, highlighting the fact that, despite the challenges, these are special times to create a more sustainable economy.

In other news, Dele Alake, Minister of Solid Minerals Development, has promised Nigerians that President Bola Tinubu is going to transform the country.

He stated that Tinubu would turn around the country the same way he did in Lagos State.

In a statement issued by his media assistant, Segun Tomori, Alake expressed confidence that Nigeria will soon overcome its current economic difficulties.

According to Alake, the suffering is due to Nigeria’s ongoing “gestation period” of economic restructuring and reforms.

Alake stated that President Bola Tinubu remains committed to revitalizing Nigeria’s economy and positioning it for long-term growth through his Renewed Hope plan.

According to him, the president has a track record of changing a region’s economic tides, just as he did when he was governor of Lagos State.

“Going down memory lane to the experience in Lagos state, the then governor Tinubu in 1999, met a state that was almost insolvent, with a monthly Internally Generated Revenue (IGR) of N600 million,” Alake said.

“And a wage bill of over N1.1 billion monthly, with little or no resources to cater to infrastructure and other sectors of the economy.

“President Tinubu took similar measures in Lagos as he is taking in Nigeria, to turn the tide and financially re-engineer the state. Today, the state is the fifth largest economy in Africa, bigger than most African countries.

“What we are going through is the gestation period of reforms and policies for economic restructuring and like the President will say, it is like throes of pregnancy, that a pregnant woman goes through. After delivery, she heaves a sigh of relief.”