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Home Business & Economy

Buhari congratulates BUA chairman on reappointment

by NEW CITIZEN
July 12, 2022
in Business & Economy
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Abdulsamad Rabi'u is Nigeria’s third richest man, according to Forbes’ African Billionaires List
Abdulsamad Rabi'u is Nigeria’s third richest man, according to Forbes’ African Billionaires List

Abdulsamad Rabi'u is Nigeria’s third richest man, according to Forbes’ African Billionaires List

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President Muhammadu Buhari has congratulated the Chairman of BUA Group, Abdulsamad Rabi’u, on his reappointment as President of the France-Nigeria Business Council by the President of France, Emmanuel Macron.

The congratulatory message is contained in a statement by the Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, on Tuesday in Abuja.

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Buhari commended Rabi’u for his “very pivotal role in nudging forward the objectives of the association”, which was inaugurated a year ago, and for retaining the trust and confidence of members of the strategic council.

The president acknowledged with delight that under one year of Rabiu’s leadership, the council had recorded appreciable progress in plans by some of Nigeria’s biggest banks to set up subsidiaries in France, and BUA’s partnership with Axes France to build a 200,000bpd refinery in Akwa Ibom, among others.

He assured the chairman of BUA and pioneer president of the council of the Federal Government’s unflinching support as top business leaders continued to build strategic partnerships aimed at improving business relations between the two countries.

He lauded the efforts of the council for supporting the economic programme of the government in the areas of infrastructural development, agriculture, power, job and wealth creation.

According to him, the focus of this administration’s economic diplomacy is attracting foreign investments into the country, which makes the ordinary Nigerian a prime beneficiary.

He, therefore, assured Nigerians and all foreign policy stakeholders that having reaped the benefits of major investments into the country in the last seven years, his administration would continue to vigorously promote Nigeria as a preferred and attractive destination to international investors. (NAN)

Tags: Abdulsamad Rabi'uAxes FranceBUA GroupEmmanuel MacronGarba ShehuinvestmentMuhammadu Buhari
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