Browsing Tag
Tony elumelu
4 posts
Fixing Power Sector Crucial to Building $1tn Economy – Tony Elumelu
While acknowledging some steps taken by the current administration to stabilize the power sector—such as the Presidential Metering Initiative and reforms in transmission—Elumelu maintained that swift and effective execution is necessary to prevent further decline.
Abuja, Nigeria – Chairman of … Continue Reading
Tony Elumelu Claims Buhari Blocked His Oil Field Acquisition Bid
Tony Elumelu also addressed the problem of oil theft, which he believes is the primary reason Nigeria fails to meet its OPEC production quotas. He criticized the lack of accountability among Nigerian leaders and lamented the adverse effects on the
… Continue Reading
Tinubu Inauguarates Presidential Economic Coordination Council To Boost Economy
President Bola Tinubu has inaugurated the Presidential Economic Coordination Council (PECC), a team tasked with developing strategies to address the current economic challenges facing the country.
The council, comprising government officials, private sector leaders, and consultants, includes notable figures such … Continue Reading
Tony Elumelu Advocates Privatization of Transmission Lines to Boost Electricity Supply
Nigerian business magnate and philanthropist, Tony Elumelu, has called on the federal government to privatize the transmission lines in a bid to enhance electricity supply and stimulate economic growth in the country. In an interview with Bloomberg on Wednesday, … Continue Reading