Elumelu wins Africa Investor ‘Person of the Year’ award
Chairman of Heirs Holdings, Tony Elumelu, while receiving the ‘Person of the Year’ award at the Africa Investor CEO Institutional Investment Summit, hosted alongside the UN General Assembly in New York, has extolled stakeholders in the public and private sectors committed to improving access to power in Africa.
He acknowledged the staff and management of Transcorp Power, the biggest producer of thermal energy in Nigeria, providing about 18% of national output:
“In accepting this award, I want to dedicate it to Transcorp Power staff who remain committed to realising our dream of improving access to electricity in Nigeria, and making our vision of a well-lit, fully powered Nigeria come true.”
Transcorp Power has supported U.S. President Obama’s Power Africa initiative with a $2.5billion commitment.