NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
Minister hails Tony Elumelu’s commitment to job creation, poverty alleviation

By News Express on 20/07/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 670


Minister of Labour and Employment, Chris Ngige, has commended the relentless efforts of the chairman, Transnational Corporation of Nigeria Plc (Transcorp), Tony O. Elumelu CON, towards job creation as a strategy for poverty alleviation in Nigeria and Africa.

“I am here because Tony Elumelu creates jobs. I take interest in those who create jobs and Tony is one of them,” the minister stated at the 30th Anniversary celebration of the award-winning Transcorp Hilton Abuja. He spoke of statistics showing that 1,500 to 2,000 people are employed at the Transcorp Hilton alone.

Elumelu’s commitment to poverty alleviation finds expression in a theory he continues to champion called Africapitalism — the belief that Africa’s private sector can, and must play a leading role in the continents development.

Africapitalism can be seen in action through the entities under Tony Elumelu’s Heirs Holdings Group, including the Transnational Corporation of Nigeria Plc. which currently has over 3,000 Nigerian’s in its employ, United Bank for Africa with over 14,000 Nigerian staff and the Tony Elumelu Foundation that has so far empowered 3,000 Africans through its flagship Entrepreneurship Programme.

“Social intervention is about attending to those who are vulnerable, those who can’t afford to eat three, two or even one square meal a day. Social intervention is what Tony Elumelu does,” Ngige also said in his speech.

He praised Tony Elumelu’s continued investment in power generation through Transcorp Power Limited, as well as the steps he took at UBA to retain employees through the recession when other companies chose to retrench. At a time when other institutions were laying off, UBA promoted 3000 staff in one day.

The minister closed by recognising the fact that Elumelu has done a lot to create jobs but more should be done, to which Tony Elumelu replied: “Help us create the right enabling environment and we will.”

Chairman, Transnational Corporation of Nigeria Tony O. Elumelu CON, Minister of Labour & Employment, Senator Chris Ngige, and Executive Vice President, Hilton Europe, Middle-East & Africa Rudi Jagersbacher at the 30th Anniversary Celebration of award-winning Transcorp Hilton Abuja.

Source News Express

Posted 20/07/2017 2:24:37 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Uncertainty as Senate suspends deliberations on 2017 Budget...

Anxiety in Aso Rock over fate of Jonathan’s...

Breaking: Chinese textile smugglers nabbed in Kano to...

Pictured: We are Boko, not herdsmen —Captured terrorists...

FG woos Japan for job creation

PDP chair, Mu'azu, laments Amaechi, others' defection to...

Dangote to buy Arsenal within 4 years

Factory owner, electrician electrocuted in Nsukka

Trial of those who stole NNPC money begins...

PDP alleges another plot by APC to implicate...

‘Systematic plan by Boko Haram to wipe out...

Ozubulu Church Killings: Questions Anambra Government, Police and...

 

Latest News Violence mars APC meeting; 3 killed during fracas, many wounded 2019: Okorocha vows to crush Madumere •Weeds out loyalists from government 3 soldiers, 2 Civilian JTF die in showdown with Boko Haram •Troops gun down 3 terrorists ‘2,000 medical doctors leave Nigeria yearly’ 3rd Force pitches tent with Nigerian workers ahead of May Day, launches PVC-Ballot revolution for 2019 in Lagos 3 masqueraders in police net over attack on church in Anambra FG not serious about wooing foreign investors — Sanusi Gunmen kill 22 farmers in Ortom’s town World Bank jacks up share capital by $13 billion Who wins Big Brother Naija’s N45m? APC group, PDP, SDP, Obasanjo’s CNM, others to form new party Forex: IMF Seeks Unified Exchange Rate Regime

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (339,318 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (334,228 views) Shameless Genevieve Nnaji exposes breasts in public (267,468 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (219,927 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (201,903 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (197,871 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (172,638 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (154,994 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (146,930 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (138,734 views) Lagos plane crash: Journalist releases victims’ names (136,688 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (129,413 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (36) Business & Economy (3,065) Business Verdict (40) Columnists (836) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (482) Features (568) Global Business Monitor (262) International (1,920) Interview (149) Live Commentary (28) Love Matters (116) News (34,651) Opinion (915) Pidgin (10) Politics (4,800) Religion (722) Sports (1,483) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

NLNG Science and Literature Prize Awards

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement