The Tony Elumelu Foundation is an ‘Africa based and African funded philanthropic organisation dedicated to the promotion of excellence in business leadership and entrepreneurship and to enhancing the competitiveness of the private sector across Africa‘. It is a programme in which 1,000 entrepreneurs are selected based on the viability of their ideas, including market opportunity, financial understanding, scalability and leadership and entrepreneurial skills. The lucky young Africans undergo twelve weeks of intensive training and at the end; 5,000 dollars are given to each as non refundable seed capital and access to another five thousand dollars in convertible loan.

Chairman Heirs Holding, Mr Tony Elumelu, yesterday, called for a sustainable investment in the agriculture and energy sector for economic transformation across the continent, saying that charity and aid have failed Africa.

FORMER Chairman House Committee on Power in 2007 in the 6th House of Representatives, Godwin Ndudi Elumelu Wednesday said powerful Nigerians in all walks life killed the power sector in the country.

The member representing Aniocha/Oshimili Federal Constituency of Delta State in the House of Representatives, Mr. Ndudi Elumelu, yesterday, disassociated himself from the 2015 governorship posters which flooded different parts of Delta State.