NaijaAgroNet:
The Elumelu Nigeria Empowerment Fund, NaijaAgroNet recalls is an aftermath
of a $16 Million pledged by Tony Elumelu in July 2014 at the Presidential
Fundraising Dinner in support of victims by President Goodluck Jonathan to offer
relief to victims affected by insurgency and conflict across the nation in
recent years.
NaijaAgroNet also gathered that Elumelu had reportedly
disbursed N1 billion to the Victims Support Fund soon after the pledge, while
the remaining N1.5 billion now serves as the initial seeding for the Elumelu
Nigeria Empowerment Fund.
A press
statement made available to NaijaAgroNet, the Fund will focus on helping to revitalize the
economies of post conflict and disaster communities.
“Rehabilitating
distressed communities will require interventions not just from the government,
but also from the private sector. Therefore, I am pleased to see that
Tony Elumelu, one of our private sector leaders, stepped up in a big way –
by making a major contribution to the Victim Support Fund and that his effort
did not end there as he has now created the Elumelu Nigeria
Empowerment Fund,” said President Jonathan.
The
fund to be managed by Tony Elumelu Foundation’s arm, The Elumelu Nigeria Empowerment Fund, will work to
transform communities that have been devastated by natural disasters and
insurgency, into prosperous and economically sustainable communities.
The
Fund is expected to create opportunities and empower people in affected
communities across Nigeria enabling them to rebuild their lives and businesses
whilst instilling a sense of economic empowerment for the long-term.
Chuks Dominic
... Linking agrobiz, sustainable environs, people & technology
Pix: Tony Elumelu
