Billionaire Family Elumelu Donates N100m, Food Items to Orphanages
- The family of Tony Elumelu donated N10 million in cash and food supplies to 10 orphanage homes
- Rice, beans, sugar, milk, and noodles were among the foods provided for the needy
- Dr. Awele Elumelu, Tony Elumelu's wife, stressed the importance of lending a helping hand
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Ten orphanage homes in Lagos have received food supplies and N10 million in monetary donations from the family of Tony Elumelu, Chairman of United Bank for Africa.
Among the food items supplied were noodles, rice, beans, milk, and sugar.
Speaking about the donation's goal, Tony Elumelu's wife, Dr. Awele Elumelu, chairperson of Avon Healthcare Limited, who embraced the kids at Hearts of Gold Hospice, emphasised the value of offering assistance.
According to a Daily Trust report, she praised the founders and staff of orphanage homes for their efforts in caring for the children, highlighting the difficulties they face.
“We are trying to support in our own little way and the least we can to support those who have dedicated their lives is to give to these children,” she said.
In her remark, the creator of Heart of Gold Children Hospices, Laja Adedoyin, expressed gratitude for the actions shown to the kids and acknowledged the importance of food for their well-being.
“We are humbled to welcome the wife of the chairman of UBA Group for what they have done. It is so unbelievable. In the history of Heart of Gold Children’s Hospices, it has never happened with the magnitude of the foodstuffs that they brought for my children.
“Food is life. At this present moment, if you have food in Nigeria today, you have everything,” she said.
Also speaking, Alero Ladipo, UBA's group head of marketing and corporate communication, said the outreach was based on the findings of a study conducted to ascertain the needs of the orphanage homes.
Earlier, the Tony Elumelu Foundation (TEF) announced the opening of its 2025 Entrepreneurship Programmes applications.
In a statement obtained by Legit.ng, the foundation retreated its continued commitment to empowering African entrepreneurs, eradicating poverty, catalysing job creation across the continent and increasing women’s economic empowerment.
TEF said the programmes are open to African entrepreneurs with scalable business ideas or existing businesses over five years old. Successful applicants stand a chance to get seed funding of $5,000.
The statement reads,
"The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, is pleased to announce that applications for its 2025 Entrepreneurship Programmes are now open.
"Aspiring and existing entrepreneurs from across Africa are invited to apply for a chance to receive world-class training, expert mentoring, and non-refundable seed capital funding to scale their businesses."
Elumelu names two challenges in Nigerian banks
Legit.ng earlier reported that Elumelu named regulatory and compliance expenses as two major challenges facing the banking industry in Nigeria.
Elumelu said this while delivering a speech on Tuesday at the 17th annual banking and finance conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja.
The Nigerian businessman claimed that the nation receives vital financial support from the banking industry.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.
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Source: Legit.ng