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Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum

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Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum 

Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum

 

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Sahara Weekly Reports That In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary philanthropic achievement in a ground-breaking case study.

 

 

 

 

 

 

 

 

 

Tony Elumelu in Global Academic Limelight as the Tony Elumelu Foundation Case Study becomes part of Harvard’s Curriculum 

 

 

 

 

 

 

 

 

The case study, first of its kind on any philanthropic organisation in Africa, is to be launched on Thursday, February 29, 2024, before a class of graduate students in Boston, Massachusetts and will explore the Foundation’s unique approaches and transformative initiatives, showcasing how strategic philanthropy offered by TEF is driving positive change and elevating countries and communities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This move by Harvard underscores the Foundation’s pivotal role in empowering young African entrepreneurs across all 54 African countries and places the Foundation at the forefront of global discussions on transformative and catalytic philanthropy, acknowledging its significant contributions towards fostering entrepreneurship in Africa.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In addition to delving into the foundation’s innovative approaches and the resultant impact it has garnered over the years, the event will also feature an exclusive acknowledgment of the Founder of TEF, Tony Elumelu’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the African continent.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Tony Elumelu Foundation is the leading philanthropy, empowering a new generation of African entrepreneurs, driving poverty eradication, catalysing job creation across all 54 African countries, and increasing inclusive economic empowerment.

 

Since the launch of the TEF Entrepreneurship Programme in 2015, the Foundation has trained over 1.5 million young Africans on its digital hub, TEFConnect, and disbursed over USD$100 million in direct funding to 20,000 young African women and men, who have collectively created over 400,000 direct and indirect jobs.

 

Tony Elumelu who spoke on the impact of TEF on the African youth said, “TEF is creating economic hope and opportunity for African Entrepreneurs. We know that entrepreneurship is the antidote to poverty, youth unemployment and insecurity. Through the intervention of the Tony Elumelu Foundation, we are encouraging our young people, giving them hope through the seed capital we provide, capacitising them through the training and mentoring we provide and setting them up to create businesses that will succeed and create even more jobs. Collectively we are fixing the challenges that we have on the continent.

 

Continuing, he said, “the Tony Elumelu Foundation was set up to create more successful African business leaders. We want to replicate our own success and create entrepreneurs who will build more prosperity on the continent and for the continent. It’s all about transforming our society and making sure that we leave the society better than we met it. It is not about the money that we have in our bank accounts, it is about the legacy that we make and the impact we create. Prosperity for all is what will create the security, harmony and peace that we need.”

 

The Harvard Business School session will provide a platform for thought leaders, scholars, and business enthusiasts to engage in a meaningful discussion on the role of philanthropy in shaping sustainable and inclusive economies. As the world grapples with complex challenges, the Tony Elumelu Foundation stands as a beacon of hope, showcasing how strategic philanthropy can be a driving force for positive change.

 

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The Many Lies Of EFCC Against Kogi Ex-Governor, Yahaya Bello Exposed

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The Economic and Financial Crime Commission (EFCC) under the leadership of Olanipekun Olukoyede has taken a different dimension that can be best described as the ‘lowest low’ since the commission came into existence.

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Under the leadership of Olanipekun Olukoyode, EFCC, a commission that should serve the interest of every Nigerian has been turned to a weapon of destruction probably under the influence of some individuals who want to get back at their opponents.

 

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The emergence of EFCC was to basically go after economic and financial crimes within the provision of the law but nowadays, what we see the commission do is totally against the law.

 

In the case of the former governor of Kogi state, EFCC has turned itself to a ‘court of law’ by making unfounded allegations against His Excellency, Yahaya Bello who has served the people of Kogi state wholeheartedly in the last eight years.

 

The commission alleged that the former governor mismanaged about N80 Billion meant for the state in 2016 but according to figures obtained from BudgIT, the state only got N31.98bn allocation all through the year so how on earth did the EFCC arrive at N80 Billion?

 

It’s either the EFCC is intentionally lying against Yahaya Bello or staffers of the commission saddled with the responsibility of getting facts and figures is doing a shabby job and in addition, there was never a year throughout his tenure that Yahaya Bello didn’t commission projects equivalent to the allocation received.

 

As if that wasn’t enough, the EFCC boss alleged that Yahaya Bello paid the school fees of his children from the coffers of the Kogi state government in advance because he was leaving office. This is not just ridiculous but embarrassing because Yahaya Bello that we know is one who was well to do before he become governor of Kogi state.

 

Yahaha Bello has been paying the school fees of his children, they have always attended the school in question so what would it cost him to continue paying even after government? The commission should be aware that the former Kogi state governor is not one of those politicians who don’t have a life beyond politics therefore making an assertion that he paid some money because he was leaving government is null and void.

 

As a lawyer that Olukoyode is, he should know too well that such statement is defamatory and as long as it hasn’t been confirmed by the court, making such a defamatory statement isn’t acceptable and he is culpable in all of these.

 

At the moment, the EFCC boss has been charged to court for contempt and he will most likely be jailed if he is found guilty; this could have been avoided if he chose to work within the provision of the law but for reasons best known to him, he decided to take it personal and now, he may need to pay with his freedom.

 

However, the EFCC as a commission has a history of making unfounded allegations against personalities only to backtrack after discovering the truth. A similar situation happened during the commission’s scuffle for Otunba Gbenga Daniel when he was accused of N60 billion misappropriations but in the end, they changed it to N200 million.

 

This is also a reason the commission always loses court cases because there isn’t always enough proof to substantiate claims against victims.

 

We can only hope the EFCC turns a new leaf because if the commission continues on this trajectory, the federal government will be making more enemies than friends.

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JUST IN: EFCC Boss, Olukoyede Faces Contempt Charge, May Be Jailed Over Yahaya Bello’s Case

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Kogi AG Vs. AGF: Supreme Court cautions against continued harassment of Kogi officials

 

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A Kogi State High Court sitting in Lokoja has ordered the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, to appear in court on May 13, 2024, to show cause why an order of committal should not be made against him for allegedly disobeying court order.

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The EFCC boss is facing a contempt charge for carrying out “some acts upon which they (the EFCC) have been restrained” by the Court on February 9, 2024, pending the determination of the substantive Originating Motion.

 

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Justice I. A. Jamil, delivering a ruling in Suit No: HCL/68M/2024 and Motion No: HCL/190M/2024, ordered that “the said act was carried out by the Respondent (EFCC) in violation of the order, which was valid and subsisting when they carried out the act. That same act of the Respondent amounts to Contempt.

 

EFCC operatives had laid siege on the residence of the immediate past Governor of Kogi State, Alhaji Yahaya Bello, as early as 8am on April 17, 2024, with a bid to arrest him, despite a court order restraining them from taking such action,  pending the determination of the Originating Motion.

 

Justice Jamil’s order was based on a motion ex-parte filed by Yahaya Bello through his lawyer, M.S. Yusuf, Esq, where he prayed the court

for an order to issue and serve the Respondent (EFCC Chairman) with Form 49 Notice to show cause why Order of committal should not be made on Olukoyede.

 

Having listened to the arguments of the Applicant’s counsel, the submission and exhibits attached in the Written Address, Justice Jamil granted Yahaya Bello’s prayers and ordered Olukoyede to be summoned to appear before the court to answer the contempt charge.

 

Delivering his order on the motion on April 25, 2024, Justice Jamil said, “The applicant’s application before me is to the effect that the Respondent has carried out some acts upon which they have been restrained by this Court on the 9th of February, 2024, pending the determination of the substantive motion on Notice before this Court.

 

“That the said act was carried out by the Respondent in violation of the order which was valid and subsisting when they carried out those acts. That same acts of the Respondent amounts to acts of contempt.

 

“That the Respondent should be summoned to appear before this Court to answer to the contempt charge.

 

“It’s against the above facts that this Court hereby grants the prayers sought in line with the principle of “Audi Ultra Patem”. To wit:

 

“An order of this Honourable Court for the issuance of Form 49 Notice to show cause why order of committal should not be made against the Executive Chairman of the Respondent – Economic and Financial Crimes Commission (EFCC).

 

“An order for service of Form 49-Notice to show why order of committal should not be made on the Executive Chairman of the Respondent – Economic and Financial Crimes Commission (EFCC) at EFCC Corporate Headquarters, Plot 301/302, Research and Institution District, Abuja.

 

“This matter is adjourned to the 13th of May, 2024 for the Respondent’s Chairman to appear before this Court in answer to form 49 ordered to be served on him.”

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Impeach Ododo for aiding the criminal, Yahaya Bello – Prophet Ikuru explodes

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By Collins Nkwocha

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The Yahaya Bello,EFCC Saga has continued to trend as the former Kogi state governor has refused to surrender himself to the commission.

The prophetic hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos has blasted the current Kogi state governor, Ahmed Usman Ododo for aiding his predecessor,yaya Bello to  to escape and evade arrest.He said  “Ododo should be impeached for aiding a criminal and obstructing justice, he’s the brain behind the escape of Bello,the  house of Assembly should impeach him so that it can serve as a lesson to other governors,how can you aid a criminal against the state,it is a very serious issue”.

He maintained that Yaya Bello was vicious and wicked as a governor,he denied a lot of pensioners of their money and a lot of them died in the process.He maintained that Bello doesn’t deserve any mercy because he was merciless.He withdrew $720k to be for his child’s school fees in advance and didn’t have conscience to give the pensioners their little money after spending years in service.

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