Businessman, Tony Elumelu Berates Nigerian Leaders Over Insecurity, Power Outage, Fuel Scarcity


Businessman, Tony Elumelu Laments Insecurity, Power OutageBusiness mogul and chairman of United Bank for Africa (UBA), Tony Elumelu, has slammed Nigerian leaders about the myriad of challenges that Nigerians are battling every day.

Taking to his Twitter handle on Thursday, he revealed that he had to listen to his colleagues’ complaints about power outages, insecurity, hikes in the price of diesel and food.

The founder of Heirs Holdings, Transcorp and The Tony Elumelu Foundation said;

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.

The businessman questioned how a country so rich in natural resources have 90% of its citizens living in hardship and poverty.

Elumelu expressed stated;

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!

Speaking about businesses, the businessman also questioned how the country can be losing over 95% of oil production to thieves.

He also lamented about Nigeria not meeting Organization of the Petroleum Exporting Countries (OPEC) oil production quota.

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