Businessman, Tony Elumelu Berates Nigerian Leaders Over Insecurity, Power Outage, Fuel Scarcity
Business 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.
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.
— Tony O. Elumelu, CON (@TonyOElumelu) March 17, 2022
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!
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!
— Tony O. Elumelu, CON (@TonyOElumelu) March 17, 2022
Speaking about businesses, the businessman also questioned how the country can be losing over 95% of oil production to thieves.
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.— Tony O. Elumelu, CON (@TonyOElumelu) March 17, 2022
He also lamented about Nigeria not meeting Organization of the Petroleum Exporting Countries (OPEC) oil production quota.
Why are we paying taxes if our security agencies can’t stop this? It is clear that the reason Nigeria is unable to meet its OPEC production quota is not because of low investment but because of theft, pure and simple!
— Tony O. Elumelu, CON (@TonyOElumelu) March 17, 2022
Meanwhile, oil producing countries are smiling as their foreign reserves rising. What is Nigeria’s problem? We need to hold our leaders more accountable!
Elections are coming – security and resources need to be everyone’s agenda – let’s be vocal for our nation’s priority.
— Tony O. Elumelu, CON (@TonyOElumelu) March 17, 2022
Evil prevails when good people are silent. We need to be vocal about 2023. Let’s focus on Nigeria. Demand and advocate for leaders that deliver.
In 2023, Nigeria must be on a strong trajectory for progress and development.
— Tony O. Elumelu, CON (@TonyOElumelu) March 17, 2022