Development Expert. Common Wealth Scholar @CRAsoton. PhD in fish post harvest management. Someday @asemota would write me a $100k cheque for my fish business
The first and only time I ever bet on football was in 1990, when I bet that Cameroon would beat Argentina in the World Cup. The odds were 20-1. I bet £1 (that was all I could afford then) and won £20! Madam and I were living in one room in Seven Sisters, London, then. We were finally able to order egg fried rice and beef in oyster sauce from the local Chinese restaurant. Before then, it was just egg fried rice with chilli sauce and no protein.
I don’t suffer before for this my life o. And this woman suffered with me. Some days, we could only afford one meal and she would lie that she had eaten and give me the meal to eat when I came back from work. I grew up with many relatives living with us. So, by upbringing, I was raised not to finish everything on my plate. It was by watching how she wolfed down everything left on my plate that I finally realised that this woman had not eaten and had sacrificed herself to make sure I ate.
So, now, when anybody says “She’s the one eating all his money, I ask: “Before nko? Were you there when we were eating egg fried rice with no protein from Red Square Chinese Restaurant in 1990?” 😂
I have a genuine concern.
Why are Nigerian startup founders building countless payment apps, betting platforms, and delivery services, yet hardly anyone is building serious solutions to insecurity, hunger, poverty, and failing education?
These are the problems affecting hundreds of millions of people.
What exactly is stopping our brightest minds from working on them?
Is it that investors won’t fund such ideas?
Or have we become more interested in convenience than solving the problems holding the country back?
Nigeria doesn’t need another payment app as much as it needs solutions that make people safer, put food on tables, create opportunities, and help children learn.
This building was the beginning of my tech career. I got off the wrong bus stop at Apese after I escaped from NYSC Camp in 1988 to try to locate a USAID project office and I got off at the wrong place. I remembered I had a relative whom I was told worked there and that was it.
A 9,000-year-old skeleton discovered in a cave near Cheddar, England, became known as “Cheddar Man.” When scientists analyzed his DNA, they found an astonishing connection: a living descendant was working as a history teacher less than half a mile from where the ancient remains were uncovered, linking nearly 300 generations across nine millennia.
Tony Elumelu’s Corporate Empire
Financial Services
- United Bank for Africa (UBA)
- United Capital Plc
- Africa Prudential Plc
- Heirs Insurance Group
Energy & Power
- Transcorp Power Plc
- Transafam Plc
- Transcorp Energies Limited
- Heirs Energies Limited
- Tenoil
Hospitality & Real Estate
- Transcorp Hotels Plc
- Afriland Properties Plc
Healthcare
- Avon Medical Practice
- Avon HMO
Technology
- Heirs Technologies
- Redtech
Philanthropy & Empowerment
- The Tony Elumelu Foundation
NB: There are other companies not under the HH group which he has direct/indirect stake in.
Man runs an ecosystem 🚀
I once worked at a place where you even needed connections for you to be hated. Left and first year, I made in consultancy 5 times what we made in 3 + years with my peace of mind intact.
We don't talk enough about the impact of the wrong environment.
Since we celebrated ₦100,000,000 before we officially hit it, portfolio has refused to touch that ₦100M mark.
World pipo don jinx this portfolio 😀😀.
Some of the blame is on me, I’ve diverted all the dividend payments to solve current immediate problems 🤦🏽♂️. Thankfully, I’ve not had to sell anything, that is the only positive.
Just a reminder that we started 2026 at less than ₦60M, so we are still up by big numbers.