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Elumelu Wants FG To Improve In Its Laws To Boost Economic Growth

Founder of the Tony Elumelu Foundation (TEF), Tony Elumelu has advocated the need to amend and improve the laws in Nigeria as he sees them as “Imperfect.”

If done, it will bring rapid improvement in the lives of Nigeria and economy of the nation.

Elumelu, spoke at the National Assembly Business Environment Roundtable in Abuja.

The Chairman of UBA wants government to create, sustain and secure an enabling environment for its citizens in order to foster creation of more jobs.

“On behalf of my colleagues in the private sector- the established big corporates, the small enterprises and the budding entrepreneurs, I thank Senate-President, Bukola Saraki and the National Assembly for taking a thorough, systematic and transparent approach to this review, and for understanding that for the best results, the public, particularly the private sector must participate in the process of identifying and debating laws meant to increase their numbers, productivity and success,” he said.

“I am a proponent of Africapitalism, which advocates for the private sector to acknowledge and embrace its critical role in Africa’s development.

Through the $100 million Tony Elumelu Entrepreneurship Program, over the next 10 years, we will seek to identify nurture and seed 10,000 African businesses based purely on the merit of their ideas and tomorrow.

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