Tony Elumelu Hosts Associates Of The Nigeria Leadership Initiative


BEVERLY HILLS, February 24, (THEWILL) – The Tony Elumelu Foundation (TEF) – in conjunction with the Nigeria Leadership Initiative (NLI) as hosted an intimate discussion between select Associate Fellows of the NLI and Tony O. Elumelu, Chairman of Heirs Holdings and the United Bank for Africa (UBA).

NLI is an initiative that is designed to create a growing, global network of credible, accomplished community-spirited Nigerian leaders, committed to taking responsibility for driving positive change in Nigeria and Nigerian communities.

The talk, titled 'Leadership for High Impact' was designed to give NLI's Associate Fellows access to the billionaire investor and philanthropist, to ask questions and receive insights on leadership.

“Over the course of my career, I have learned that when you achieve a certain amount of experience and a certain amount of success, it is important to reflect on what principles, practices and decisions led you to success,” Elumelu told the group.

“When you find those key elements, it is important to pass that knowledge along, so that others may learn from your success, and also your mistakes. That is what today was about.”

“NLI believes that leadership is both transferable and trans-generational; the leadership dialogue with Mr. Elumelu provided an opportunity to transfer values, knowledge and experience from an accomplished leader to young, emerging and aspiring leaders,” said Dr. Yinka Oyinlola, NLI's CEO.

Elumelu, who is also a Senior Fellow of the NLI, met with the London-based NLI fellows at Oxford University on the sidelines of a speech he delivered there titled: Africapitalism as a Catalyst for the Development of Africa in May, Last year.

Chime Asonye, Associate Fellow of NLI and SSA on Sustainable Development Goals to Abia State Governor Dr. Okezie Ikpeazu, speaking on the sideline of the event said “We need to dialogue with important thought leaders and change makers who are helping to catalyze economic development and lead the way forward. Industry leaders like Tony Elumelu are helping to chart the way forward and set a development agenda for the 21st century.”

Through its flagship initiative, the 10-year, $100 million Tony Elumelu Entrepreneurship Programme (TEEP), the foundation is committed to empowering the next generation of Africa's entrepreneurs. Today's event saw TEF and NLI working together toward this goal.

TEEP is a commitment by Elumelu to identify and fund 10,000 African entrepreneurs over a 10-year period in order to catalyse change on a massive scale across Africa, seeking to add $10 billion of additional revenues to Africa’s economy; provide over one million new jobs; and create a new generation of empowered entrepreneurs.

TEEP commenced in December 2014, with a funding pledge $100million by the Foundation and the inaugural 2015 round drew over 20,000 applicants from 51 African countries where 1,000 entreprenuers were given a grant of $10,000.