Further to our story earlier today, we write to correct the misrepresentation that Mr. Tony Elumelu, Chairman, United Bank for Africa, was part of the economic management team of the last administration.
We have since been informed that the serial entrepreneur and philanthropist was never a member of former President Jonathan’s economic team and therefore could not have exploited same for selfish interests. We apologize for the error.
Elumelu is a strong advocate of foreign investment inflow into the country, traveling extensively to promote Nigeria as an investment destination. He freely offers advice to businesses and governments in many areas, including competitiveness, private and public sector collaboration for inclusive development as well as creating the enabling environment for businesses to grow.
