BUA Cement Plc Records Strong Revenue Growth of 27.4% To N460 Billion, Appoints New Directors
THURSDAY 29, 2024 | ABUJA, NIGERIA BUA Cement held its 8th Annual General Meeting today. According to the financial report presented by the Board of the company, it recorded a strong revenue growth of 27.4% to N460 billion (2022: N361 billion), resulting from its increasing market share. However, with the devaluation of the Naira in June […]
BUA Foods to Expand Its Wheat Flour Milling Capacity to 2.5million MTpa, Signs Agreement with IMAS of Türkiye
Tuesday 20th August, 2024 BUA Foods Plc, one of Nigeria’s leading food manufacturing companies, has signed an agreement with IMAS, a prominent Turkish flour milling equipment manufacturer, to build four (4) state-of-the-art wheat and flour milling factories with a cumulative milling capacity of 3,200 tonnes per day. This transformative move is part of BUA Foods […]
BUA Group to build 700 tons per day mini LNG project, signs agreement with CIMC ENRIC in partnership with AXXELA Group
Lagos, Nigeria – December 18th, 2023 BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with CIMC ENRIC, a global leader in the energy equipment industry, in partnership with Axxela, to establish a 700-ton-per-day mini LNG project in Nigeria at a signing ceremony which took place on Monday, […]
ASR Africa, USAID deliver 10 Tuberculosis DOTS Centers to Curb Tuberculosis and HIV/AIDS in Nigeria with US$500,000 ASR Africa Donation
Lagos – December 12th, 2023 The Abdul Samad Rabiu Africa Initiative (ASR Africa), a leading philanthropic organization committed to delivering sustainable impact in health, education, and social development across the continent of Africa, in partnership with the United States Agency for International Development (USAID) has completed the renovation of ten Tuberculosis Directly Observed Treatment Short-Course […]
ASR Africa Commences the Construction of N2.5 Billion Oncology Centre in Ilorin with a Groundbreaking Ceremony
Ilorin, Kwara State – October 6, 2023 The groundbreaking ceremony of the state-of-the-art 2.5 Billion Naira Oncology Centre which will provide services for the entire West African region took place today in Ilorin, Kwara State, Nigeria. The health facility is one of many tertiary-level health interventions of the Abdul Samad Rabiu Africa Initiative (ASR Africa) […]
BUA Group, FG Flag-Off N116bn Construction Of 132kilometres Kano-Kazaure-Kongolam Dual Carriage Road Under Presidential Executive Order 007
L-R: Minister of Water Resources, Engr Suleiman Adamu, Minister of Works and Housing, Babatunde Raji Fashola (SAN), Group Executive Director, BUA Group, Kabiru Rabiu, and Minister for State (Works & Housing), Hon. Umar Ibrahim El-Yakub at the official flagoff of the N116billion, 132km Kano-Kongolam dual-carriage highway being constructed by BUA Group under Presidential Executive Order 007. Kazaure, […]
ASR Africa, BUA Foundation Approve N1.5billion Grant for Development Projects In Ibese, Igbogila, Ilaro, Others in Yewaland, Ogun State
From Left:Oba Engr. G. Olalowo, Ademeso of Igan-Alade-Yewa; Oba M. Dosumu, Onigua of Egua-Yewa; Oba Kehinde Olugbenle, the Olu of Ilaro and Paramount Ruler of Yewaland; Ubon Udoh, Managing Director, ASR Africa and O’tega Ogra, General Manager & Group Head Corporate Communications, BUA Group at the presentation of N1.5bn social and infrastructure development grants to […]
Abdul Samad Rabiu receives Nigerian Army recognition award
Image: Nigerian President, H. E. Muhammadu Buhari, presenting the 2022 Nigerian Army Recognition Award to Abdul Samad Rabiu, Founder and Chairman, BUA Group while Lieutenant General Faruk Yahaya, the Chief of Army Staff looks on during the 2022 Chief of Army Staff Conference in Sokoto State, NW Nigeria. …also wins CEO of the Year Award […]
BUA Foods Holds Inaugural Annual General Meeting, Declares ₦63 billion Dividend for FY2021
Image: Chimaobi Madukwe, Non-Executive Director; Isyaku Rabiu, Executive Director; Oluseye Alayande, Company Secretary/Chief Legal Adviser; Abdulsamad Rabiu, CON, Chairman; Rashid Ur Imran, Non-Executive Director; Ayodele Abioye, Managing Director; Kabiru Rabiu, Non-Executive Director; Finn Arnoldsen, Non-Executive Director; Abdulrasheed Olayiwola, Executive Director/Chief Financial Officer at BUA Foods Plc 1st Annual General Meeting in Abuja ₦3.50k per […]
BUA’s Abdul Samad Rabiu re-appointed as President, France Nigeria business council by French President, Emmanuel Macron
Paris – Monday, 11jul2022 Abdul Samad Rabiu, Founder and Chairman of BUA Group, one of Africa’s largest foods, mining, manufacturing and infrastructure companies, has been re-appointed as President of the France Nigeria Business Council by President Emmanuel Macron of France. This was announced at the July 2022 Meeting of the France Nigeria Business Council held […]