Following conversations with Senator John Owan Enoh, the minister of sports development, Nigerian billionaire Tony Elumelu has indicated an interest in buying a club in the Nigeria Premier Football League (NPFL).
The 61-year-old Nigerian economist and philanthropist, who chairs United Bank for Africa (UBA), Transcorp, and Heirs Holdings, alluded to this possibility when the topic of private club ownership in Nigeria arose.
Elumelu gave a good response to a message posted on X by user @LawyerDayo, suggesting that large Nigerian firms consider acquiring league clubs as a means of implementing Corporate Social Responsibility (CSR).
Tony Elumelu responded to the suggestion by saying, “This is a nice idea,” accompanied by a thumbs-up emoji. He said the minister had contacted him and other well-known people nationwide to discuss the viability of making these acquisitions to grow the league.
Tony Elumelu, whose estimated net worth is in the billions, is among the richest persons in Nigeria and Africa. His investments in financial services, real estate, hospitality, healthcare, power, oil, and gas, among other things, are what made him wealthy.
CREDIT: LEGIT.NG