BUA calls for stronger State-Private Sector Partnerships at NBCC Meet The Governor Series

BUA Group, Nigeria's largest conglomerate spanning foods, manufacturing, infrastructure and mining, has emphasized the need for greater partnerships between state governments and the private sector to stimulate investment, hasten industrialisation and generate sustainable economic prospects nationwide. At the 2026 Nigerian-British Chamber of Commerce (NBCC) Meet the Governor Series in Lagos, BUA assumed the role of Lead Sponsor, while Abia State Governor, Dr. Alex Chioma Otti, OFR, unveiled his administration's economic growth strategy.

The gathering, themed "Repositioning Abia for Enterprise, Industrialisation and Sustainable Economic Growth," focused on the pressing question of how states can forge the necessary infrastructure, institutions and policy framework to allure productive private capital. Speaking for BUA Group Founder and CEO Abdul Samad Rabiu, Engr.

Ayodele Abioye underscored the role of subnational governments as key catalysts for infrastructure development, industrial expansion, investment allure and job creation. He stated that investors require a conducive environment characterized by transparency, policy consistency, regulatory assurance, safety and infrastructure when making long-term investment decisions.

BUA Group's strategy revolves around enterprise, innovation and strategic private-sector engagement, which drives their investments and collaborations throughout Nigeria. Governor Otti, declaring Abia "open for business," outlined the state's investment invitation, targeting agribusiness and agro-processing, trade and markets, the creative and digital economy, manufacturing and industrialisation, SME development, inclusive finance, and diaspora investment, among others.

The administration prioritized capital expenditure, allocating 80% of Abia State's ₦1.016 trillion 2026 budget towards infrastructure development. Abioye applauded Governor Otti's focus on enterprise, infrastructure and institutional reform, asserting that this synergy must ultimately lead to investments that boost local production, reinforce value chains, generate employment and fortify economic activity.

He affirmed BUA Group's commitment to continued collaboration with governments and reputable institutions dedicated to fostering sustainable environments for enterprise and long-term investment. Prince Abimbola Olashore, President of the Council of the Nigerian-British Chamber of Commerce, highlighted Abia's entrepreneurial legacy, particularly in Aba's trade, manufacturing and indigenous enterprises, as a solid foundation for further economic growth.

He stressed that businesses necessitate predictable policies, responsive institutions, infrastructure, safety, and market access, positioning government and private sector as essential partners in creating enduring economic value. Other attendees included British Deputy High Commissioner Jonny Baxter, Professor Bongo Adi, senior policymakers, investors and business leaders.