Elumelu Urges Tinubu to Invest in Security, Power
Chairman of UBA Group, Tony Elumelu, has informed the Federal Government (FG) that Nigeria’s development hinges on its investment in security and electricity.
The philanthropist made this known while delivering the graduation lecture for the Executive Intelligence Management Course 17 at the National Institute for Security Studies, Abuja on Thursday.
According to him, the education sector, economy and the industry as a whole cannot grow without steady power.
“We must invest in infrastructure to ensure that all Africans, regardless of their location—whether in villages or cities—benefit from these advancements. And here, power is so important.
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“Development is impossible without reliable access to electricity. I say to our leaders, if there are two things a leader must prioritize, it should be security, one, and improvement in access to electricity, two, and the country on the continent will take on. Power is a fundamental resource that empowers every aspect of life, from hospitals to homes and businesses.
“Nigeria cannot industrialise. Our youth cannot be educated without ensuring that our abundant natural resources are translated into plentiful, affordable, available, robust power for all. A power ecosystem that encourages investment and unlocks our economy and creates prosperity,” Elumelu said.
Elumelu went further to emphasize that the only reason the country is in its present state is because it has failed to exploit its many natural resources as well as lure investments into the country.
