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Tony O. Elumelu, Founder of the Tony Elumelu Foundation (TEF) and President of the United Bank for Africa (UBA), pledged 500 million N to create an exclusive entrepreneurship program at natives of the state
. a courtesy call to the Governor of his native Delta State, after presenting to Governor Ifeanyi Okowa the 50 beneficiaries of the TEF Entrepreneurship Program
"Your Excellency, on behalf of the Heirs Holdings Group, we will work with your office to put in place a new program to support the young people of the Delta State and I pledge N500m for this purpose, "said Elumelu." Indeed, hearing about your commitment to our young people and the impressive work you have done in the state, I am proud to call you my governor and this makes me even more proud of my condition. "
congratulated Mr. Elumelu for the work of his foundation, pointing out that TEF's recent collaboration with French President Emmanuel Macron demonstrates the level of recognition and global prestige the Foundation has received:
"You have not limited the impact of your Foundation on Delta, or m me in Nigeria, you have empowered through the 4000 & # 39; Africa. What you do, my brother gives hope to others, who in turn will help change the narrative of our country and our continent and influence the people around them. You change the narration of the gift – not just giving, but also skills and mentoring. Over the next ten years, the impact of Tony Elumelu Foundation will be truly transformational – the multiplier effect will be huge. The whole country should support and think positively in this same direction. "
He continued," I would also use this opportunity to encourage our brothers, sons, daughters and fathers that it would be comforting if we could do that kind of positive impact that we see with the Tony Elumelu Foundation. . This will help us reduce reluctance and create jobs so that we have young people who are not just jobseekers but job creators.
The event was marked by the sharing of successful experiences between Foundation Recipients and beneficiaries of the various wealth development programs and the entrepreneur of the administration of the Governor Okowa. Zion Oshiobugie, a prominent Delta State scholar and former student of the TEF program, confided that:
"I've already been a house boy, thinking of committing suicide when I've lost my job. When I started my business, I always asked for guarantees, but Mr. Elumelu did not ask me that an idea with a potential for transformation. Today, I run a school that provides quality education to those who need it most. I am proof that with the money and training of the Tony Elumelu Foundation, dreams can come true.
The TEF Entrepreneurship Program is Tony Elumelu's $ 100 million commitment to identify, train, mentor and fund 10,000 entrepreneurs in Africa. . Since its fourth year of existence, the program has enabled 50 entrepreneurs from Delta, 251 from the Niger Delta region and 1,862 Nigerians in all. Combined with this new commitment of $ 500 million, the total investment of Elumelu in Nigerian entrepreneurs to N4.4 billion since 2015.
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