“poverty anywhere is a threat to us all” – Tony Elumelu
In the wake of growing poverty rates in the country, one of Nigeria’s foremost billionaire investors, Tony Elumelu has stated that poverty anywhere in the country is a threat to everyone. Taking to the social media platform X, Elumelu elucidated how, in his ongoing dialogues with leaders from the private…
Jairus Awo
In the wake of growing poverty rates in the country, one of Nigeria’s foremost billionaire investors, Tony Elumelu has stated that poverty anywhere in the country is a threat to everyone.
Taking to the social media platform X, Elumelu elucidated how, in his ongoing dialogues with leaders from the private sector, he consistently emphasized their pivotal roles as the driving force behind innovation, the wellspring of investments, and the generators of employment opportunities to lift people out of penury.
According to him, the need to contribute his quota in poverty alleviation is what led him and his wife, Dr Awele Elumelu to commit $100 million to help democratise and empower youths through the giving an annual non-refundable grant of $5,000 seed capital to each beneficiary, now received by over 18,000 youths.
Stating the intention behind his contribution he said,
“It was not out of an abundance of wealth, rather, it was our own contribution in spreading prosperity and making the world a better and safer place for all of us.
“Poverty anywhere is a threat to all of us everywhere. The ultimate solution for insecurity and extremism is the eradication of poverty and the abundance of prosperity. This is why all of us must think of legacy and play our own role and part now that we can, urgently support”
Poverty anywhere is a threat to all of us everywhere. The ultimate solution for insecurity and extremism is the eradication of poverty and the abundance of prosperity. This is why all of us must think of legacy and play our own role and part now that we can, to urgently support…
Poverty anywhere is a threat to all of us everywhere. The ultimate solution for insecurity and extremism is the eradication of poverty and the abundance of prosperity. This is why all of us must think of legacy and play our own role and part now that we can, to urgently support…
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