BUA Group has shut down reports claiming its chairman, Abdul Samad Rabiu, made a bid to acquire a majority stake in Kano Pillars, dismissing the story as entirely false, Footynaija.com reports.
The claim had circulated over the weekend, with reports suggesting Rabiu, listed among Africa’s wealthiest businessmen, had offered $1.1 million for a 70 percent stake in the NPFL club from the Kano State Government.
The story gained traction partly because it fit neatly into a broader conversation already underway in Nigerian football, with the NPFL pushing clubs toward private ownership models that would see investors take stakes ranging from 50 to 75 percent. A deal involving a businessman of Rabiu’s profile would have represented one of the most significant moves yet under that push.
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BUA Group have moved to put the matter to rest. In a press release confirmed by The Cable and dated Monday, June 29, the company addressed the claim directly.
“Our attention has been drawn to an online publication suggesting that BUA Group and its Chairman, Abdul Samad Rabiu, have submitted a bid to acquire a 70% stake in Kano Pillars Football Club,” the statement read.
“We would like to clarify that this report is inaccurate and does not reflect any position, action, or communication from BUA Group or Abdul Samad Rabiu. No such bid has been made, and there has been no engagement with any party on this matter.”
The company went further, urging the public to treat the claim as unfounded.
“We kindly request that this report be disregarded, and we encourage the public and members of the press to rely only on official statements issued through BUA Group’s verified channels for accurate information regarding our activities.”
Kano Pillars’ ownership situation remains unchanged for now, with the Kano State Government still holding control of the club as the NPFL’s privatisation conversation continues elsewhere in the league.
