House crisis: PDP BoT decides Elumelu, others’ fate today

Amidst allegations of corruption, the Board of Trustees (BoT) of the Peoples Democratic Party (PDP) will meet today to discuss the report of the Iyorchia Ayu committee on the minority leadership crisis of the House of Representatives. The committee, which comprised mainly former presidents of the senate and deputy who are members of PDP, was inaugurated on July 10, to intervene in the rift between the party’s leadership and some members in the House of Representatives led by Ndudi Elumelu. PDP National Working Committee (NWC), had earlier suspended Elumelu and…

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Elumelu to speak at TICAD African Conference in Japan

Tony O. Elumelu, Founder of the Tony Elumelu Foundation and the Chairman of the United Bank for Africa (UBA), will speak at the Seventh Tokyo International Conference on African Development (TICAD), taking place in Yokohama, Japan from August 28 – 30, 2019. Elumelu will speak alongside global and African political and business leaders, including Prime Minister Shinzu Abe of Japan; H.E. Mr. Muhammadu Buhari, President of Nigeria; H.E. Mr. Abdel-Fattah El-Sisi, President of Egypt and Chair of the African Union (AU); H.E. Mr. Cyril Ramaphosa, President of South Africa; and…

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Minority leadership: PDP Reps pass vote of confidence in Elumelu

A cross section of Peoples Democratic Party (PDP) and other opposition lawmakers in the House of Representatives yesterday threw their weight behind the leadership of the minority leader, Hon. Ndudi Elumelu and his team. Addressing the media, the lawmakers, led by Hon. Leggo Idagbo (PDP, Cross River), reiterated their support for Elumelu and appealed to the leadership of the PDP to rescind its decision suspending him from the party. Idagbo submitted that the nomination and announcement of minority leadership positions in the House was carried out in strict compliance with…

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Elumelu decries growing joblessness in Africa

  Founder, Tony Elumelu Foundation, Mr. Tony Elumelu, has flayed the growing joblessness within the African continent. Delivering a keynote address at the AfricaNow Summit 19 in Kampala, Uganda, Elumelu, who also the Chairman, United Bank for Africa (UBA), said it was time development partners teamed up in the 21st Century in a manner that is different to curb joblessness since government does not even create the kind of employment to check the menace. According to him in a statement, “the joblessness we have in Africa cannot be fixed by…

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Elumelu condemns rising unemployment in Nigeria

  The consistent pattern of worsening unemployment in the country in the last few years as contained in a report by Nigerian Bureau of Statistics (NBS) has been described as unacceptable and worrisome. According to the Chairman of the United Bank for Africa Group and Founder, Tony Elumelu Foundation, Mr. Tony Elumelu, youth unemployment rate in the country had increased from 29.50 per cent in the second quarter of 2017 to 33.10 per cent in the third quarter, but which was average 21.73 per cent from 2014 till 2017. Speaking…

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Elumelu calls for urgent passage of healthcare bill

Chairman of Heirs Holdings, Tony Elumelu, has called for urgent passage of the healthcare bill into law, saying its passage will go a long way in helping to alleviate the enormous health challenges in the country. Speaking during the commissioning of Avon Dialysis Centre in Lagos yesterday, the Heirs Holdings boss, said with proper health insurance scheme in place, many Nigerians would be able to access healthcare services. Elumelu argued further that passing the bill into law would provide affordable healthcare to the citizenry, promote health tourism and increase enormous…

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Elumelu boosts Okowa’s job creation with N500m

The job-creation programme of the Delta State Governor Ifeanyi Okowa has received a boost following a N500 million donated by the Chairman of the Tony Elumelu Foundation, Mr. Tony Elumelu to support the initiative. Elumelu hinted that the job-creation initiative of the state government had empowered over 3,069 beneficiaries in the three cycles of the Skill Training and Entrepreneurship Programme (STEP) and the Youth Agricultural Entrepreneurship Programme (YAGEP) since 2015, when it was established. The business mogul, who visited the governor yesterday in Asaba, the state capital, with a team…

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Elumelu seeks more multilateral organisations’ support for African entrepreneurs

The Chairman, United Bank for Africa (UBA) Plc, and founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent. Elumelu, who stated this on the side-lines of the 2018 World Economic Forum currently ongoing in Davos, Switzerland, pointed out that ultimately, such growth will affect the world positively. He said organisations must come together to provide solutions to key challenges negatively impacting African economies, especially with regards to power supply and infrastructural challenges…

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