Elumelu Calls For End To Energy Poverty

THE Chairman of the United Bank for Africa Plc (UBA), Tony Elumelu, has noted that providing access to electricity for schools, hospitals, businesses and industries is the single most impactful intervention that can transform the continent, as it has tremendous implications for job creation, health, food security, education, technological advancement and overall economic development.
Elumelu, who is also the Chairman of Heirs Holdings and the Founder of the Tony Elumelu Foundation, said this in Abidjan, when African leaders, under the umbrella of the African Energy Leaders Group (AELG) gathered.
The AELG was launched during the 2015 World Economic Forum in Davos, Switzerland. The group brings together political and business leaders at the highest level to drive the reforms and investment needed to end energy poverty and to ensure sustainable fuel supplies on the continent.
Elumelu is a founding partner and Co-chair of the AELG. pledged to support the group.
“I am making a pledge to provide $150,000 over the next three years to support the operations of the AELG secretariat,” he was quoted to have said in a statement.