Elumelu Tells What He Will Rather Do Instead Running For President
Proponent of Africapitalism and billionaire businessman, Tony Oyemaechi Elumelu has once again maintained he is not interested in running for the office of the president of Nigeria.
The Africa business leader, who chairs Africa’s global bank, United Bank for Africa, maintained this while speaking with Financial Times some days back.
The founder of Heirs Holdings whose worth in 2015, according to Forbes ranking, stands at $700m – interestingly still soaring – said “People ask me this question… All of us don’t have to be president but what we all want is good leadership”.
Elumelu, who for the first disclosed how his bid to make a strategic investment in the nation’s oil sector was blocked by former President Muhammadu Buhari and his late Chief of Staff, Abba Kyari , after raising $2.5bn, insists the most important thing is to provide needed support for those he believes are providing good leadership.
He told Financial Times the response he got was “Nigeria couldn’t allow something of such strategic importance to fall into the hands of a private operator.”
“We will coalesce around people we believe are providing good leadership”, the chairman of Hiers Holdings – with Transcorp Power, Transcorp Hotels, Transcorp Afam, Avon Medicals, United Capital, Heirs Energies, Heirs Technologies, Heirs Insurance, Heirs Insurance life, Afriland, Properties and AP Registrars as subsidiaries – declared.
