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HomeBusinessElumelu acknowledges President Tinubu's reforms, sees long-term benefits for Nigerians

Elumelu acknowledges President Tinubu’s reforms, sees long-term benefits for Nigerians

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The Chairman of Transcorp Plc, Tony Elumelu, on Tuesday paid a visit to President Bola Tinubu at Aso Villa, Abuja, stating that the private sector is “encouraged” by the reforms of the President.

It is the first time Elumelu, who is also the Chairman of the United Bank of Africa (UBA) and founder of the Tony Elumelu Foundation (TEF), will be visiting the President since he was sworn in in May.

He declared that, as leaders in the private sector, they are encouraged by the policies of the government.

Speaking with State House journalists after meeting with the president on Tuesday, Elumelu lauded Tinubu for his policy initiatives since taking office.

He expressed optimism that Nigerians would reap the benefits of the reforms in due course.

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“The private sector is encouraged by the bold decisions President Bola Ahmed Tinubu has taken, and we hope that in the fullness of time, Nigerians will benefit from them because it is all about the Nigerian people,” he said.

“It is all about the youth.” It is all about making sure that women are involved and empowered.

“It is all about making sure our youths get jobs, and I think Mr. President has this at the back of his mind, and I believe, as a private sector person, that the actions and the decisions the president is taking now will help our people in the long run.”

Elumelu urged Nigerians to be more patient with the president and the ongoing process.

“A bit of patience; you know Rome was not built in a day,” he said.

Recently, Elumelu advocated investments in Nigeria’s power sector, saying it was “ironic” that Nigeria has abundant gas resources but cannot optimally operate its power plants due to a lack of gas.

(Edited by Oludare Mayowa; omayowa@globalfinancialdigest.com; Newsroom: +234 8033 964 138)

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