The Chairman of BUA Group, Abdulsamad Rabiu, has rejected his nomination to serve as a member of the finance committee set up by the ruling All Progressives Congress (APC).
Mr Rabiu declined the offer according to the statement by Bua Group on Friday.
A statement by the BUA Group via X, formerly Twitter said the ruling party’s inclusion of Mr Rabiu’s name in the list occurred without prior consultation with him.
It said the billionaire industrialist prefers to be apolitical.
Mr Rabiu, a close ally of President Bola Tinubu, was nominated by the party to serve as a member of a finance committee constituted on Thursday.
He was nominated into the 34-member committee alongside some businessmen and top party members.
“It is important to note that our Chairman, Abdul Samad Rabiu and BUA Group have consistently adopted an apolitical stance over the years. This approach is integral to the nature of our business and aligns with Mr. Rabiu’s focus on fostering economic growth through BUA Group’s initiatives and philanthropic efforts through ASR Africa.
“With respect to this, we wish to inform the publishers, our partners, stakeholders, and the general public that Mr. Rabiu has decided to graciously decline the nomination/appointment. This decision is made in light of the fact that he was not previously consulted regarding his inclusion in the list and his inability to commit time due to his demanding schedule,” it said.
The company reiterated that Mr Rabiu would not like to get any political affiliations or roles.