News & Press Releases

BUA Group in the news

 

BUA REDEEMS N1bn PLEDGE TO CBN TODAY 

…PROVIDES ADDITONAL N300MILLION TO EDO, SOKOTO, OGUN STATES FOR COVID-19  RELIEF SUPPORT

                                                                     

BUA has today, redeemed its pledge of N1billion  to the fight against COVID-19 in Nigeria by way of a confirmed funds transfer to the COVID-19 relief fund  account with the Central Bank of Nigeria.  In addition, the company also announced another donation of N300million to Sokoto, Edo and  Ogun States to assist in galvanizing a coordinated response and  adequate preparedness in the fight against the COVID-19 pandemic in this states. The donations to Sokoto and  Edo States were  on behalf of its Cement subsidiary, BUA Cement which has its major operations in those states whilst Ogun was also selected as a beneficiary due  to its proximity to Lagos which had  been the epicenter of the virus in Nigeria.

This development comes exactly a day after the Chairman of the Group,  Abdul  Samad Rabiu, announced a cash  donation of N1billion  to Nigeria’s response to the virus and  also, another donation to 9 states of medical and  emergency  kits and  supplies including face masks,  testing kits, safety goggles, gloves,  personal protective gear - which have  already been ordered and should be delivered soon.

In his comments on the additional donation of N300million to Edo, Sokoto and  Ogun States, Abdul Samad Rabiu, Chairman of BUA Group said that although these states have  been identified for this intervention in the first instance, “BUA is monitoring the situation closely  and is also looking at other states that may need additional help.  We will continue engaging with these states and  relevant partners including the NCDC in the areas where they need support to win this fight against COVID-19.”, Rabiu added.

Rabiu also urged other well-meaning Nigerians – individuals and  corporates alike, to join hands in supporting the efforts to put the virus in check  in Nigeria,  financially  and  otherwise. “Our country needs us now  more than ever. This is the time to come together and  support.”