France: Macron Reappoints BUA Founder As President, France Nigeria Business Council

The President of France, Emmanuel Macron, has re-appointed Founder and Chairman of BUA Group, Abdul Samad Rabiu, as President of the France Nigeria Business Council.

This was announced at the July 2022 Meeting of the France Nigeria Business Council held in Paris.

The France Nigeria Business Council brings together the top businesses in Nigeria and France with a goal of improving business relations between Nigeria and France whilst ensuring routine cooperation that will bring about immense economic benefits for both countries.

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Addressing the council, Abdul Samad Rabiu praised the progress that has been made by the France Nigeria Business Council since its inauguration and the commitment of members despite slow global recovery, in pushing forward with various partnerships which includes plans by some of Nigeria’s biggest banks to set up subsidiaries in France, and BUA’s partnership with Axens of France to build a 200,000bpd refinery in Akwa Ibom, Nigeria amongst other key projects by members.

He also thanked President Macron for his support and, for reappointing him as well as Jean Haas of Relais (France) as President of the Council, and Head of the Secretariat respectively.

French members of the council include the Global Chief Executives of Total Energies, Dassault, Axens, Accor, CMA, amongst others and on the Nigerian side, Dr Mike Adenuga of Globacom & Conoil, Jim Ovia of Zenith Bank, Gilbert Chagoury of Chagoury Group, Aliko Dangote of Dangote Group, Tony Elumelu of UBA, and others were among Nigeria council members.