We Want to Be Nigeria’s Biggest Provider of Power-Elumelu

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Tony Elumelu, chairman of Heirs Holdings and Transcorp, says the group’s goal is to be the biggest provider of power to the Nigerian economy.

He said this on Tuesday while commenting on the appointment of Adim Jibunoh as the new president of Transnational Corporation of Nigeria Plc.

In a statement by Napoleon Esemudje, the company’s director of resources, Elumelu said that Transcorp has a very special mission in Nigeria.

“We want to be the biggest provider of power to the Nigerian economy,” he said.

“We want to put light in homes, schools and hospitals. We want to provide the power for Nigeria’s industrialisation; and when foreign investors come to Nigeria, we want to host them in our Transcorp Hilton hotels across Nigeria.

“We also want to supply indigenous oil and gas to power our industries and infrastructure. I am very certain that Adim will help us deliver on these big dreams.”

He also noted that Jibunoh has made high contribution towards the growth of Heirs Holdings.

“He is highly respected within the Group and has a record of outstanding leadership and the ability to innovate and execute”, he added.

Jibunoh expressed his commitment to help the company reach its strategic objectives.

He said he will continue to work and live by the company’s values of “execution, enterprise and excellence”.

He also promised to honour the group’s “commitment to creating jobs, community empowerment, and improving the quality of life of all Nigerians”.

Jibunoh will succeed Emmanuel Nnorom, who has been appointed president of Heirs Holdings, the pan-African investment firm. He is currently the director of business development at Heirs Holdings, a strategic investor in Transcorp.

Source: The Cable

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