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BUA, ERBA Makina of Turkey sign agreement to construct 2,000tons/day Plaster (Gypsum Powder) Manufacturing Plant

Lagos – 30 AUG 2021 BUA Group, is set to commence the construction of a 2,000tons/day Plaster of Paris (Gypsum Powder) production plant. This was made known during the signing of an agreement between BUA and Erba Makina of Turkey – one of the world’s leading equipment suppliers for plaster production, to supply the equipment …

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ASR Africa commits N1bn tertiary education grant to University of Benin

Benin City – 27 JUL2021 The Abdul Samad Rabiu Africa Initiative (ASR Africa) – the brainchild of Abdul Samad Rabiu, Founder and Executive Chairman of BUA Group has today, awarded a N1billion infrastructure grant to the University of Benin (UNIBEN) as part of its 2021 Tertiary Education Grants Scheme. This was revealed at the grant …

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ASR Africa adopts Gwarinpa General Hospital Neonatal Unit

Abuja – 29 JUL2021 The Abdul Samad Rabiu Africa Initiative (ASR Africa) has today, donated multimillion Naira state-of-art equipment and a fully equipped emergency ambulance to the Paediatric Unit of the Gwarimpa General Hospital, Abuja as part of its Health Systems Support Initiative. ASR Africa also announced that it was adopting the Neonatal Unit of …

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BUA Cement holds AGM, declares N72.3Billion profits after tax, pays N70Billion dividend

…as BUA Chairman, Abdul Samad Rabiu, canvasses for new entrants, more investments, additional capacity in the Cement industry Abuja 08jul2021 – BUA Cement Plc, one of Africa’s largest Cement companies, today held its Annual General Meeting for the period ended December 31, 2020 whilst paying dividends of N70billion at N2.067k per ordinary share in a move …

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BUA Cement Chairman, Abdul Samad Rabiu, gifts N2Billion share bonus to employees

…as BUA Cement remains on profitability path for 2021 Lagos, 01jul2021 – Abdul Samad Rabiu, largest shareholder and Chairman of Nigeria’s second largest publicly listed manufacturing company, BUA Cement Plc, has announced a share bonus gift, from his pool of shares, for employees of the company worth almost two billion Naira in recognition of their …

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President Macron lauds Abdul Samad Rabiu as BUA, Axens make progress on BUA’s 200,000bpd Refinery in Akwa Ibom

…as Abdul Samad Rabiu named Chairman of the French Nigeria Investment Club. The French President, Emmanuel Macron, has commended the Chairman of BUA Group, Abdul Samad Rabiu for his commitment to developing lasting relationships between French and Nigerian businesses. This came as the French Minister for Foreign Trade and Economic Attractiveness, Franck Riester, paid a …

President Macron lauds Abdul Samad Rabiu as BUA, Axens make progress on BUA’s 200,000bpd Refinery in Akwa Ibom Read More »

Re: False Allegations Regarding BUA’s OML110

It is with great regret and concern that we respond to the false, malicious and spurious allegations of corruption (first published on blazenewz.com.ng and therein allegedly attributed to a purported statement by Alhaji Ibrahim Mai Deribe and Cavendish Petroleum) with respect to BUA’s OML 110. BUA has been duly contacted by Cavendish Petroleum as well …

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BUA purchases 1million Doses of AstraZeneca Covid-19 Vaccines for Nigeria to be delivered next week

…commits to purchase 5million vaccines through BUA/CACOVID/AFREXIM Partnership to be distributed to Nigerians at no cost. BUA, one of Africa’s largest conglomerates, has paid for 1 million doses of AstraZeneca COVID-19 vaccines for Nigeria through the AFREXIM Vaccine programme in partnership with CACOVID. These doses of the vaccine which should be delivered by next week, …

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BUA Replies CACOVID – Don’t Play Politics With Nigerian Lives

BUA receives with utter shock, reports allegedly attributed to CACOVID, disowning its earlier payment through CACOVID for 1 million AstraZeneca doses for Nigeria via the AFREXIM vaccine platform. At the cacovid steering committee meeting held today February 8, 2021 (of which BUA is a member), members were informed by the CBN Governor that CACOVID had …

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