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  • Business - Economy
  • Updated: June 30, 2021

BUA Chairman Inaugurated As President Of France-Nigeria Business Council

BUA Chairman Inaugurated As President Of France-Nigeria Busi

Chairman of BUA Group, Abdul Samad Rabiu has been appointed as the President of the France-Nigeria Business Council by French President Emmanuel Macron.

The France-Nigeria Business Council, a private sector initiative to enhance business relations between the two countries, held its inaugural event in Paris on the sidelines of the Business France Summit in Versailles, France.

The newly inaugurated council has Gilbert Chagoury of Chagoury Group; Mike Adenuga, Chairman Globacom; Aliko Dangote, Chairman Dangote Industries; Tony Elumelu, Chairman UBA & Heirs Holdings, and Herbert Wigwe, CEO, Access Bank as the Nigerian members of the council.

The largest French companies including Dassault, Danone, Axens, Ponticelli, and Total Energies are also members of the council.

In April, Macron had extended an invitation to Rabiu seeking his presence at the Choose France Summit representing business leaders from Nigeria and Africa.

He had also appointed Rabiu as chairman of the France Nigeria Investment Club, commending his commitment to the development of French and Nigerian businesses.

In his remarks, Rabiu thanked the French President for his vision of creating the French Nigeria business council, enhancing the business relationship between Nigeria and France.

He also commended Macron for appointing him as the first President of the inaugurated council, as he pledged to use the platform to create better opportunities for businesses on both sides.

He said, “Nigeria is blessed with numerous potentials for French companies to do business across different areas.”

On his part, Macron praised the BUA chairman for his confidence in French businesses, which led to a partnership for BUA’s new 200,000 barrels per day refinery.

The French President pledged his government’s support to facilitate better dialogue amongst the Nigerian businesses and their French counterparts.

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