BUA Group Debunks Reports of 70% Kano Pillars Takeover Bid, Calls Online Claims False

BUA Group Debunks Reports of 70% Kano Pillars Takeover Bid, Calls Online Claims False

 BUA Group has denied reports claiming it submitted a bid to acquire a 70% stake in Kano Pillars Football Club, describing the online publication as false and misleading.

Abuja, Nigeria – BUA Group has officially dismissed widespread reports claiming that the company and its Chairman, Abdul Samad Rabiu, have submitted a bid to acquire a 70% stake in Kano Pillars Football Club.

In a statement issued on June 29, 2026, the conglomerate described the reports circulating online as false, misleading, and completely unfounded, urging the public to ignore the claims.

According to BUA Group, neither the company nor its Chairman has made any offer to purchase a stake in the Nigeria Premier Football League (NPFL) side, nor have they engaged in any discussions with individuals or organizations regarding such a transaction.

«"No such bid has been made, and there has been no engagement with any party on this matter," the company stated.»

The company emphasized that the publication does not reflect its position, actions, or official communications, warning against the spread of misinformation.

BUA Urges Public to Rely on Official Channels

BUA Group appealed to journalists, football supporters, stakeholders, and the general public to verify information through the company's official communication platforms before accepting or sharing reports.

The company stressed that any significant corporate decision or investment would only be announced through its verified channels.

The statement reads in part:

«"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."»

Rising Speculation Over Kano Pillars Ownership

The clarification comes amid growing speculation about potential private-sector investment in Kano Pillars, one of Nigeria's most successful football clubs. Rumors suggesting that BUA Group planned to acquire a majority stake quickly gained traction across social media and several online platforms before the company issued its official denial.

With this statement, BUA Group has firmly put the speculation to rest, reaffirming that it has no involvement in any proposed acquisition of Kano Pillars Football Club.

The company concluded by thanking the public for its continued interest and support while reiterating its commitment to transparency and accurate communication.

Signed:

BUA Group

June 29, 2026

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