Billionaire Tony Elumelu In-talks to acquire a club in Nigeria Premier Football League


Renowned Nigerian economist and philanthropist, Tony Elumelu, has shown interest in acquiring a club in the Nigeria Premier Football League (NPFL) after discussions with Minister of Sports Development, Senator John Owan Enoh.

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During talks regarding private ownership of clubs in Nigeria, the 61-year-old chairman of Heirs Holdings, Transcorp, and United Bank for Africa (UBA) hinted at the possibility of purchasing a club in the NPFL.

Elumelu responded positively to a suggestion by LawyerDay, proposing that big corporations in Nigeria acquire league clubs as part of Corporate Social Responsibility (CSR).

He disclosed that the Minister of Sports Development has approached him, along with other prominent figures in the country, to assess the feasibility of such acquisitions for further league development.

Acknowledging the idea, Elumelu stated, “This is a nice idea,” and added that they are already evaluating the viability of the proposal.Known as one of the wealthiest individuals in Nigeria and Africa,

Elumelu has amassed his fortune through investments in various sectors including financial services, real estate, hospitality, healthcare, power, oil, and gas.I’m

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Godwin Okafor
Godwin Okafor
Godwin Okafor is a veteran Financial Journalist, Internet Social Entrepreneur, and the visionary Founder of Naija247news Media Limited. With an extensive career spanning over 16 years in financial journalism, Godwin possesses a wealth of experience that seamlessly bridges both traditional and digital media landscapes. His journey in journalism commenced at Business Day, Nigeria, where he laid the foundation for his prolific career. In 2010, Godwin took a bold step by founding Naija247news Media, a platform that has since become a prominent player in delivering timely and accurate news. Educationally, Godwin Okafor holds a Bachelor's degree in Industrial Relations and Personnel Management from the prestigious Lagos State University, Ojo, Lagos. His commitment to continuous learning led him to the Lagos Business School, where he further honed his skills. Additionally, he is recognized as a Fellow of the University of Pennsylvania, having successfully completed the Wharton Seminar for Business Journalists. Throughout his illustrious career, Godwin has earned acclaim by winning numerous journalism awards, a testament to his dedication to excellence in reporting. Beyond his role as a Financial Journalist, Godwin Okafor wears the hat of the Chairman at Emmerich Resources Limited, the publishing entity behind Naija247news. His visionary leadership has played a pivotal role in shaping the media landscape and establishing Naija247news as a trusted source of information. Godwin Okafor's multifaceted expertise, commitment to journalistic integrity, and leadership in the realm of business journalism underscore his influential presence in both the media and entrepreneurial spheres.

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