Tag Archives: Transcorp

We want to be Nigeria’s biggest provider of power, says Transcorp

Transnational Corporation of Nigeria Plc says its goal is to be the biggest provider of power in Nigeria. Tony Elumelu, chairman of the company, said this on Tuesday while commenting on the appointment of Adim Jibunoh as the new president of Trancorp. In a statement by Napoleon Esemudje, the company’s director of resources, Elumelu said Transcorp has a very special …

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Transcorp Committed to Significantly Increasing Power Generation in Nigeria—Elumelu

…Post N59.42 bn Revenue The Chairman Transnational Corpoation of Nigeria Plc (Transcorp), Mr. Tony Elumelu has reinterated the commitment of the conglomerate towards significantly increasing power generation in the domestic economy. Elumelu who made this disclosure at the 11th Annual General Meeting of the company in Lagos, also reaffirmed the Board of Director confidence in Transcorp’s growth trajectory and commitment to …

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Power Sector Will Soon Collapse — Elumelu

Chairman of Transcorp Group and United Bank for Africa, UBA, Mr Tony Elumelu, has said Nigeria’s power sector will soon collapse if urgent action was not taken. Elumelu told CNBC Africa: “The agency of government that is responsible for making sure that this sector delivers on its potential is not doing well enough. We are owed a lot of money. …

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