Tag: Tony Elumelu

Osinbajo hands Transcorp certificate of discharge
Business featured

Osinbajo hands Transcorp certificate of discharge

Vice President Yemi Osinbajo on Monday presented a discharge certificate to the chairman of Transcorp Power Limited, Tony Elumelu, who is the major investor in the Ughelli Power Plant. The Punch reported that during this presentation which was held in Abuja, Osinbanjo highlighted the need for significant private-sector investment in Nigeria’s power sector to meet […]

Oil production: Angola, Libya overtake Nigeria, says OPEC
Energy

OPEC quota: Elumelu disagrees with Sylva over low oil sector investment

Nigeria’s billionaire businessman, economist, and philanthropist, Tony Elumelu, on Thursday argued that the reason why Nigeria had been unable to meet its oil production quota as approved by the Organisation of Petroleum Exporting Countries was not because of low investment but theft. Elumelu’s position is contrary to the views expressed by the Minister of State […]