In a powerful moment at the Presidential Villa, billionaire businessman Tony Elumelu shattered the silence with one jaw-dropping revelation: “We were losing 97% of our oil to theft — today, it’s down to just 2%, and we’re making 98% profit.”
He wasn’t done. Elumelu added, “We don’t need to know anyone in CBN to get dollars anymore.”
This wasn’t a campaign rally — it was the raw truth from a man who doesn’t need to play politics.
As President Bola Ahmed Tinubu met with GENCO leaders to resolve over ₦4 trillion in power sector debt, Elumelu’s words stood as a loud endorsement of the administration’s silent revolution in oil security and FX transparency.
What does this mean for everyday Nigerians? How does this tie in with BUA’s earlier remarks on open-dollar access? Is this the turning point we’ve been waiting for?
Stay tuned — the winds of Renewed Hope are beginning to blow in real numbers.
️ Osigwe Omo-Ikirodah is the Principal and CEO of Bush Radio Academy.