Chairman of the United Bank for Africa, Tony Elumelu, has cancelled his annual TOE All-White Party in honour of the six staff members who died in the September fire at Afriland Towers, Lagos.
The fire, which broke out in the high-rise building on Broad Street, claimed multiple lives and sent shock waves through the business community.
In an Instagram story post on Tuesday, Elumelu said he and his wife, Awele, made the “difficult decision” to suspend this year’s edition of the popular December 23 event. He noted that the period calls for “reflection and compassion,” adding that the family will use the season to honour the memory of 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 investor and philanthropist, chairs Heirs Holdings and Transcorp and is the founder of the Tony Elumelu Foundation. He was named among Time magazine’s 100 most influential people in 2020. He has been married to Dr. Awele Vivian Elumelu since 1993, and they have seven children.
