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Tony O. Elumelu, CON Profile picture
@TonyOElumelu
May 9 • 5 tweets • 3 min read Twitter logo Read on Twitter
We all know the importance of power in Nigeria. We all experience the consequences of power deficit – the implications for our people, our businesses, our schools, hospitals, and institutions – our national destiny. Image
Therefore, I am so proud that today we convened key stakeholders, including the Nigerian Vice President @ProfOsinbajo, at the commissioning of Afam III Fast Power Plant; a 240MW installed capacity plant comprising eight (8) trailer-mounted mobile gas turbines of 30MW each. ImageImage
@TranscorpGroup is a key player in the power sector. We recognise that power is the single most critical factor to lifting our people out of poverty and enabling job creation. Image
The journey has not always been easy – but we have delivered: capacity recovery, plant investment, infrastructure improvement, excellent community relationship and a transformed and motivated workforce.
Since its inception in 2006, @TranscorpGroup has led the way in demonstrating the success of successive privatisation programmes. We are fulfilling our promises to the Government and demonstrating Transcorp’s purpose of “Improving Lives and Transforming Africa”.

#Africapitalism… twitter.com/i/web/status/1…

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More from @TonyOElumelu

Tony O. Elumelu, CON Profile picture
May 8
We all know how critical access to electricity is to the Nigerian economy. Robust, plentiful power, delivered across our country will be transformative.

Improved access to electricity yields life enhancing changes to our schools, hospitals, homes and industries. Image
At @TranscorpGroup, we are transforming a vision into a reality. We do not only have the vision – but have turned that vision into reality.
@TranscorpGroup made History today. It became the first privatized power generation company in Nigeria to fulfil all privatisation obligations and receive a discharge certificate from the Federal Government of Nigeria since the 2013 privatisation of the power sector in Nigeria. ImageImageImage
Read 5 tweets
Tony O. Elumelu, CON Profile picture
Feb 9
Success does not always breed success!

The greatest enemy of leadership is living in one’s own bubble – thinking everything is going right – ignoring external perspectives, giving in to complacency.
At the beginning of every year, I take time off to recalibrate and soul-search. I bring my team together, we reflect on our Group’s ambitions and the prerequisites for achieving them. The importance of people, of human capital, of culture, and how we work together often comes up.
I stopped by the recent @Heirs_Holdings 2023 HR Agenda Setting to share our business expectations, and emphasize the importance of HR in building the right people management culture – a fundamental condition towards achieving profound organisational success.
Read 4 tweets
Tony O. Elumelu, CON Profile picture
Sep 22, 2022
Often, I am asked what achievement I am most proud of, and my answer is always the same – the sense of fulfilment I feel, when I interact with the beneficiaries of the @TonyElumeluFDN. ImageImageImage
Hearing their testimonies, successes and challenges, the impact that $5,000 has on their businesses, ideas, and communities – this gives me joy and excitement. When people ask what motivates me – this is it!
Yesterday, on the side-lines of #UNGA77, @TonyElumeluFDN and @Google hosted a Roundtable at @UBAAmerica. We listened to 3African entrepreneurs; Ugochi Obidiegwu, founder - @TheSafetyChic; Kwabena Danso, founder - Booomers Intl. Ltd, and Chioma Ukonu, co-founder - @RecyclePointsNG ImageImage
Read 9 tweets
Tony O. Elumelu, CON Profile picture
Sep 21, 2022
I am an example of success in Africa. There are a lot of opportunities on the continent, but capital is very difficult to come by. I come from a modest background and I have been able to grow multinational businesses from this modest background.

But I'm not the only one. ImageImageImageImage
There are a lot of other young Africans who are more energetic, equally intelligent, if not more intelligent, but access to capital is very difficult to come by in Africa. Image
The @TonyElumeluFDN for the past 12 years has been catalysing and supporting African entrepreneurs and from my interactions with them and what we've seen, they need capital, mentoring and business education, so that when the capital comes they know how to manage it.
Read 4 tweets
Tony O. Elumelu, CON Profile picture
Sep 21, 2022
When I first met @PreetiSinha_, Executive Secretary of
@UNCDF, I was struck immediately by her passion, enthusiasm and advocacy for youth and entrepreneurship – and I knew I had an ally and a friend.

Her mission is our mission, at the @TonyElumeluFDN. ImageImageImageImage
Months later, what started off as a shared, but distant, vision is being executed, as we convened on Monday in NY, to sign the African Youth Entrepreneurship Agreement - a partnership between TEF and @UNCDF; UN’s catalytic finance entity capacitise even more African entrepreneurs
Youth unemployment is a tragic waste of talent and a betrayal of a generation. In Africa, we feel the harsh impact of youth joblessness. As African leaders, we must do something – more importantly, as global leaders, we must work together to address this issue.
Read 8 tweets
Tony O. Elumelu, CON Profile picture
Mar 17, 2022
This morning, I am listening to my colleagues at the office bemoan the very pressing issues that they face everyday in this country, and how things have been getting worse and worse - no electricity for 5 days, hikes in the price of diesel, frightening food inflation, etc.
How can a country so rich in natural resources have 90% of its citizens living in hardship and poverty? I have often said that access to electricity is critical for our development, alleviation of poverty and hardship. And speaking of security, our people are afraid!
Businesses are suffering. How can we be losing over 95% of oil production to thieves?
Look at the Bonny Terminal that should be receiving over 200k barrels of crude oil daily, instead it receives less than 3,000 barrels, leading the operator @Shell to declare force majeure.
Read 6 tweets

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