Tony Elumelu, Chairman of the United Bank for Africa, has cancelled his annual TOE All-White Party to honour of the six staff members who died in the September fire at Afriland Towers, Lagos.
The fire, which consumed the high-rise building on Broad Street in Lagos, claimed the lives of workers and left the business community shaken.
In a message shared via his Instagram story on Tuesday, Elumelu said he and his wife, Awele, made the “difficult decision” to suspend this year’s edition of the much-anticipated December 23 celebration.
He explained that the moment calls for “reflection and compassion,” adding that the period will be dedicated to remembering those who died in the tragedy.
“We’ve received so many messages from friends asking about our annual TOE All-White Party on 23rd December. Your excitement and tradition mean the world to us.
“However, due to the recent tragic fire incident that claimed precious lives, Awele and I have made the decision to cancel the party this year. This season will be dedicated to remembering, honouring, and holding space for those we lost. They remain forever in our hearts.
“We look forward to opening our home to you again with love, laughter, and togetherness on 23rd December 2026 by God’s Grace. Until then, thank you for your understanding and kindness. Wishing you and your loved ones a peaceful and beautiful Christmas. Merry Christmas,” he wrote.
Elumelu, a billionaire businessman, economist and philanthropist, chairs Heirs Holdings and Transcorp, and founded the Tony Elumelu Foundation.
He was named on Time magazine’s list of the 100 most influential people in the world in 2020.
He has been married to Dr. Awele Vivian Elumelu since 1993, and the couple have seven children.
