President Muhammadu Buhari has commended the Chairman of the United Bank for Africa (UBA), Mr Tony Elumelu, on his being named among Time 100 Most Influential People of 2020.
The President, in a statement today, September 23, by his spokesman, Femi Adesina, commended Elumelu’s vision of Africapitalism, which he said, espouses Africa’s private sector must play a leading role in the continent’s development through long-term investments, entrepreneurship, and regional connectivity, adding that it was just a matter of time before such caught global attention.
Buhari said that Elumelu’s commitment to the development of African youths, whom he has given a voice and empowerment, investing $5,000 in 1,000 young entrepreneurs per year across 54 countries, described him as “a visionary, with milk of human kindness.
“Such, among others, must have qualified him for the Time Hall of Fame.”
The President wished Elumelu greater successes on all fronts, and recommendes his strides to other high networth people.
