By Lucy Ogalue
The Tony Elumelu Foundation (TEF) has disbursed 15.25 million dollars to 3,050 selected candidates for the 2019 Tony Elumelu Entrepreneurs.
The Chairman of the foundation, Mr Tony Elumelu, at the unveiling of the applicants on Friday in Abuja, said that 5,000 dollars would be disbursed to each candidate.
According to him, the amount will serve as seed fund to empower the entrepreneurs in their various businesses.
Elumelu said entrepreneurship was the way to go at impacting on humanity and growing the continent, hence it was important to invest in it.
“We should contribute our quota to humanity as we do in the foundation”
“We have decided to use this as opportunity to unveil the selection of 3,050 young entrepreneurs so that there will be more prosperity on our continent.
“We urge the President Muhammad Buhari’s led administration to improve access to electricity in the country for the benefit of the entrepreneurs,”…
Source: News Agency of Nigeria
