Buhari Applauds Bua Chairman, Notes Plans By Nigerian Banks To Open Shops In France

President Muhammadu Buhari has congratulated Abdul Samad Rabiu, Chairman of BUA Group, on his reappointment as President of the France-Nigeria Business Council by French President, Emmanuel Macron.

The President, while commending Rabiu’s 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.

He acknowledged with delight that in less than a year of his leadership, the Council has recorded appreciable progress in plans by some of Nigeria’s biggest banks to open subsidiaries in France, as well as BUA’s partnership with Axes France to build a 200,000bpd refinery in Akwa Ibom State, among others.

President Buhari assured the BUA Chairman and Pioneer President of the Council, of  his administration’s unflinching support as top business leaders continue to build strategic partnerships aimed at improving business relations between the two countries, besides supporting the economic programme of government in the areas of infrastructural development, agriculture, power, job and wealth creation.

Buhari noted with delight that the focus of his 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 will continue to vigorously promote Nigeria as a preferred and attractive destination to international investors.