Ten orphanage homes in Lagos have received food supplies and N10 million in monetary donations from the family of Tony Elumelu, Chairman of United Bank for Africa.
Among the food items supplied were noodles, rice, beans, milk, and sugar.
Speaking about the donation’s goal, Tony Elumelu’s wife, Dr. Awele Elumelu, chairperson of Avon Healthcare Limited, who embraced the kids at Hearts of Gold Hospice, emphasised the value of offering assistance.
According to a Daily Trust report, she praised the founders and staff of orphanage homes for their efforts in caring for the children, highlighting the difficulties they face.
In her remark, the creator of Heart of Gold Children Hospices, Laja Adedoyin, expressed gratitude for the actions shown to the kids and acknowledged the importance of food for their well-being.
Also speaking, Alero Ladipo, UBA’s group head of marketing and corporate communication, said the outreach was based on the findings of a study conducted to ascertain the needs of the orphanage homes.
Earlier, the Tony Elumelu Foundation (TEF) announced the opening of its 2025 Entrepreneurship Programmes applications.
In a statement obtained by TimesNow.com.ng, the foundation retreated its continued commitment to empowering African entrepreneurs, eradicating poverty, catalysing job creation across the continent and increasing women’s economic empowerment.
TEF said the programmes are open to African entrepreneurs with scalable business ideas or existing businesses over five years old. Successful applicants stand a chance to get seed funding of $5,000.
The statement reads,
TimesNow.com.ng earlier reported that Elumelu named regulatory and compliance expenses as two major challenges facing the banking industry in Nigeria.
Elumelu said this while delivering a speech on Tuesday at the 17th annual banking and finance conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja.
The Nigerian businessman claimed that the nation receives vital financial support from the banking industry.
Proofreading by James, Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng
