Why BUA Group Chairman Abdul Samad Rabiu Rejected Nomination To Head APC Finance C’ttee

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The Chairman of BUA Group, Mr Abdul Samad Rabiu, has declined to head the All Progressives Congress (APC) Standing Committee on Finance, following recent reports announcing his nomination for the position.

In a statement by Tim Sogbeinde, Head of Creatives & Visual Identity Management at BUA Group, the company thanked the APC for nominating Mr. Rabiu for such a distinguished role, recognizing his and BUA Group’s endeavors to promote the nation’s economic welfare and progress.

The statement however highlighted that BUA Group and Abdul Samad Rabiu have long held an apolitical stance, which has been an integral part of their business operations.

Mr. Rabiu’s devotion to advancing the economy with BUA Group plans and humanitarian activities under ASR Africa was brought to the forefront.

The statement explained that Mr. Rabiu had not been consulted for his opinion on being chosen and cited his packed agenda, making it not possible to commit to the role, as reasons for rejecting the nomination.

“Our Chairman, Abdul Samad Rabiu, is a firm believer in leveraging business acumen and philanthropic activities to drive development and positive societal change independent of political participation.

“His primary contributions to Nigeria’s advancement will continue to be through strategic investments in the economy and philanthropy rather than through political affiliations or roles.

“He, however, remains committed to supporting governmental policies that foster the desired development as partners in progress.

“We trust this statement provides clarity on the matter and reaffirms our chairman’s dedication to Nigeria’s progress in the roles he is most suited for—those of an entrepreneur, businessman, and philanthropist,” the statement emphasised.

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