Amidst recent publications announcing the purported appointment of Mr Abdul Samad Rabiu, Chairman of BUA Group, to the All Progressives Congress (APC) Standing Committee on Finance, an official statement has clarified his position, firmly declining the nomination.

In a statement issued by Tim Sogbeinde, Head of Creatives & Visual Identity Management at BUA Group, gratitude was extended to the APC for considering Mr Rabiu for the esteemed position, acknowledging the recognition of his and BUA Group’s commitment to national economic prosperity and development.

However, the statement emphasised the longstanding apolitical stance Abdul Samad Rabiu and BUA Group upheld over the years. It underlined the integral nature of this stance to their business operations.

It highlighted Mr Rabiu’s dedication to fostering economic growth through BUA Group initiatives and philanthropic endeavours via ASR Africa.

Citing reasons for declining the nomination, the statement clarified that Mr Rabiu had not been consulted regarding his inclusion in the list and cited his demanding schedule, making it impractical to commit time to the role.

“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.