The Tony Elumelu Foundation (TEF) has awarded $5.57m to the 1.114 successful winners of the 2024 Entrepreneurship Programme after the number of applicants rose to a record 150,000 but the Founder and Chairman of the TEF, Tony Elumelu, wishes to increase the number of beneficiaries.
Each winner will get $5,000, Elumelu announced on Friday at the award event held in Lagos.