Thu. Jun 8th, 2023

My Daughter Oge Receives $500 Monthly Stipend – Nigerian Billionaire Tony Elumelu Reveals

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  • …And That Is Enough For Her

The Chairman UBA Bank, Mr Tony Elumelu has said he gives his daughter, Oge the sum of $500 Monthly which is approximately about ₦350,000.00.

Elumelu said “My daughter Oge who is my first child and the heir to my business is in London school of Economics and she gets $500 (350,000) only from me every month”

“I pay her school fees so the stipend is for her feeding and every thing she wants to do for the month”

“She gets the stipend every month whether she is in Nigeria or London”.

“Just two days ago, I was at home with her and I asked her if she has received her stipend for this month. She said no so I told her to have patience that she will get it the next day since that day was a public holiday in Nigeria”

“I also encourage her to save out of it and I’m happy that she is doing that”

“I was telling her the other time to start investing in stocks, her own stocks from the little savings that she makes from the monthly stipend. We are training people, It is tough but we need to do this in order to have a better society”

Tony Elumelu concluded.

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