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Tony Elumelu Foundation 2021 Programme to Prioritise Business Recovery

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Tony Elumelu Foundation

By Adedapo Adesanya

Africa’s leading philanthropy dedicated to empowering African entrepreneurs, the Tony Elumelu Foundation (TEF), has opened applications on its TEFConnect digital platform.

The acceptance for applications, which kicked off on January 1, 2021, aims to prioritise the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the COVID-19 disruption to economic activities.

To address the unique challenges arising from the pandemic, lift millions out of poverty and create sustainable employment across the continent, the Foundation’s Entrepreneurship Programme will empower 1,000 young African entrepreneurs, selected from the 2020 cohort.

The foundation will also open applications to an additional 2,400 young entrepreneurs in 2021, in collaboration with global partners.

The Tony Elumelu Foundation, which celebrated 10 years of impact in 2020, is empowering a new generation of African entrepreneurs, through the TEF Entrepreneurship Programme.

Successful applicants will receive a world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities. The programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses, operating in any sector.

Speaking on this, the CEO of the foundation, Mrs Ifeyinwa Ugochukwu, stated that, “The Tony Elumelu Foundation now more than ever is demonstrating our commitment to unleashing the potential of young African entrepreneurs, the key to Africa’s long-term economic transformation.

“The pandemic has created challenges across the continent, but we know that with the Tony Elumelu Foundation tried and tested Programme, we can execute the largest COVID-19 economic recovery plan for African SMEs and break the cycle of poverty in Africa.”

The Tony Elumelu Foundation’s $100 million Entrepreneurship Programme, launched in 2015 to empower 10,000 entrepreneurs over 10 years, is now entering its 7th year and has empowered to date, over 9,000 young African entrepreneurs from 54 African countries.

How to Apply

Prospective applicants should apply to the digital networking hub for African entrepreneurs,  www.tefconnect.com

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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NNPC Won’t Succumb to Attacks from Saboteurs—Ojulari

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nnpc under attack

By Modupe Gbadeyanka

The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bashir Ojulari, alleged that some persons who do not mean well for the country have continued to launch attacks on the organisation in a bid to frustrate the gains recorded by the ongoing transformation efforts.

However, he assured that the management would not rest on its oars and continued to forge ahead because these reforms will benefit the nation in the long run.

“We are under attack. We will not budge to short-term pressure, as it will not be in the best interest of Nigerians. You cannot drive change without a price, and the transformation is tough,” Mr Ojulari said when he received a team from the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) at the NNPC Towers in Abuja on Thursday.

He thanked the leadership of the union for its support, charging it to stay calm and build resilience to stay focused during these trials. He emphasised that patience will be required from the Nigerian people at large to get to the other side of change, which will benefit Nigeria and her citizens.

“I am overwhelmed with the support from the union executives present here. The enemies of this company and Nigerians will not win,” he added, noting that since coming on board about five months ago, his team prioritised reviving the nation’s refineries in order to put them back into more sustainable and profitable venture by considering the Incorporated Joint Venture (IJV) model.

“Mr President doesn’t pressure me to do the wrong thing; that is why we are looking at the baseline to ensure whatever we are doing, the refineries work sustainably going forward. We don’t want to pretend and just do some quick fix because there is pressure on us,” Mr Ojulari stated.

Earlier in his address, the president of PENGASSAN, Mr Festus Osifo, said the oil workers union came to thank the NNPC management for its partnership during the recently held 2025 PENGASSAN Energy & Labour Summit (PEALS) in Abuja.

The union also acknowledged the “remarkable milestones” recorded so far under Mr Ojulari’s watch, stating, “Our pipelines are now working. Also, crude oil theft has significantly reduced, leading to increased production.

“As PENGASSAN, we assure you that we are solidly behind you. We will work with you and collaborate with your team to ensure the stability of the system for the benefit of all Nigerians.”

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Government to Help 150,000 Young Nigerians With N110bn

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young nigerians

By Adedapo Adesanya

The Federal Ministry of Youth Development has expressed its readiness to support 150,000 young Nigerians with N110 billion.

The Director-General of the National Orientation Agency (NOA), Mr Lanre Issa-Onilu, disclosed this on Thursday in Kano at the launch of the five nationwide enlightenment campaigns on government policies, national values and identities, security awareness and disaster preparedness.

He said over 600,000 students have so far benefited from the N59 million disbursed under the Nigeria Education Loan Fund (NELFUND) scheme.

The director general, who was represented by Mr Williams Dogo, Director, Legal Services of the agency, said that NELFUND was available to all qualified Nigerians in public tertiary institutions, noting that the sensitisation programme, with the theme Nationwide Sensitisation on Five Thematic Areas, was designed to deepen citizens’ knowledge of government initiatives.

The NOA boss explained that the campaign would highlight the presidential directive on flood mitigation, which provided for the release of N3 billion to each state in 2024 for drainage clearance and relocation of vulnerable communities.

He said that 700 schools had been renovated nationwide as an intervention to improve learning facilities in rural areas, stating that more than 15,000 new security personnel had been deployed nationwide to address diverse security challenges.

“It is our intention to carry out security awareness campaigns reaching no fewer than three million Nigerians in each state through media engagements, advocacy visits to traditional and religious leaders, rallies at markets and motor parks, as well as town hall meetings,” he said.

On national values, he said that reorientation campaign would focus on patriotism, unity and campaigns against extreme graduation practices that contradict cultural norms, adding that the campaign would also familiarise Nigerians with the current national anthem, which was changed by President Bola Tinubu.

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Immigration Raises 5-Year Passport Fee to N100,000, 10 Years to N200,000

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unclaimed passports

By Modupe Gbadeyanka

Nigerians will have to cough out more money to obtain their international passports because the Nigeria Immigration Service has increased the fees.

In a statement signed on Thursday by the Public Relations Officer of the agency, ACI AS Akinlabi, it was disclosed that the new fees would take effect from Monday, September 1, 2025.

It was disclosed that the 32-page passport with a validity of five years will now to for N100,000 and the 64-page 10-year passport is now N200,000.

The immigration explained that the upward review of the prices was “to uphold the quality and integrity of the Nigerian passport.”

“The review which only affect passport application fees made in Nigeria,” it stressed, adding that, “Nigerian passport application fees made by Nigerians in the Diaspora remain unchanged at $150 for 32-page with 5-year validity and $230 for 64-page with 10-year validity.”

“The service reiterates its commitment to balancing quality service delivery with the need to ensure Passport services are accessible to all Nigerians,” the statement concluded.

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