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BUSINESS NEWS: Buhari lauds BUA chair over business council reappointment

BUSINESS NEWS: Buhari lauds BUA chair over business council reappointment

Publish date: 2022-07-12 23:18:49 | Author: Stephen Angbulu | Source:

The President, Major General Muhammadu Buhari (retd.), on Tuesday, hailed the Chairman of BUA Group, Abdul Samad Rabiu, on his reappointment as President of the France-Nigeria Business Council by the President of France, Emmanuel Macron.

Buhari’s congratulatory message is contained in a statement signed by his Senior Special Assistant on Media and Publicity, Garba Shehu, entitled ‘President Buhari congratulates BUA Chairman on reappointment as President of France-Nigeria business council.’

Shehu said, “The President commends Rabiu for his very pivotal role in nudging forward the objectives of the association inaugurated a year ago, and for retaining the trust and confidence of members of the strategic Council.

“The President acknowledges with delight that under one year of Rabiu’s leadership the Council has recorded appreciable progress in plans by some of Nigeria’s biggest banks to set up subsidiaries in France, BUA’s partnership with Axes France to build a 200,000bpd refinery in Akwa Ibom State, among others.”

Buhari also 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, as well as supporting the economic programme of the government in the areas of infrastructural development, agriculture, power, job and wealth creation.

He noted that the focus of his regime’s economic diplomacy was the attraction of foreign investments to the country, which made the ordinary Nigerian a prime beneficiary.

Buhari assured Nigerians and all foreign policy stakeholders that having reaped the benefits of major investments in the country in the last seven years, his government would continue to vigorously promote Nigeria as a preferred and attractive destination for international investors.

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