BUA Group

Our History

Learn more about our history.

1988

Establishment of BUA International Limited

Establishment of BUA International Limited as a trading company to undertake importation of iron & steel, importation of rice. Today the Group is into: Manufacturing, Port Management,Flour and Oil Milling, Oil & Gas, Iron & Steel, Shipping & Real Estate.

1991

Acquisition of BUA Oils

The company has two refinery plants and matching fractionation plants with a combined installed capacity of 700 TPD. Both plants are fully automatic PLC-operated based on the finest technology and process engineering in the world.

BUA Oil Mills is the biggest vegetable oil processing company in West Africa.

2000

Acquisition of Golden Oil Limited

Golden Oil limited is acquired by BUA Group and renamed BUA Oil Mills. The factory is located in Ikeja.

2005

Establishment of BUA Sugar Refinery

BUA Sugar Refinery was established. It is the second largest sugar refinery in West Africa. BUA Flour Mill Lagos was incorporated and milling commenced in August of the same year.

2006

Incorporation of BUA Ports & Terminals

BUA Ports & Terminal was incorporated- a subsidiary of BUA International Limited.

2007

Establishment of BUA Flour Mills Kano

BUA Flour Mills Kano sited at Bompai Industrial Estate with a capacity of 500 metric tonnes per day

2008

Laifiagi Sugar Company Acquired.
BUA Cement Incorporated.
BUA Pasta Plant Commissioned.

Laifiagi Sugar Company was acquired by BUA Group to serve as a self-consistency in response to the Nigerian Government backward integration policy. It has installed capacity of 2,000 metric tonnes per day and the plant operates with gas supply from Gaslink Nigeria Limited. BUA Cement was incorporated and commenced operations in the same year. It owns and operates a floating cement terminal, the BUA Cement 1, which is designed specifically for bulk and bag unloading for BUA International Limited. Contract to build the BUA Pasta Plant was signed and work commenced within the same year.

2009

Sokoto and Edo Cement Acquired.
International Quality Award Received.
BUA Sugar Received MANCAP.
WAWCMC Award Received.
CICAN Award Received

Sokoto Cement and Edo Cement Companies are acquired by BUA Group. Sokoto Cement had an initial capacity of 100,000 metric tonnes and makes use of the wet process technology. International Quality Award 2009 by Business Initiative Directions (BID). Mandatory Assessment Certificate Programme, (MANCAP), presented to BUA Sugar Refinery by Standard Organization of Nigeria in 2009. West African World Class Multiservice Conglomerate Award by the Institute of Direct Marketing 2009. Commerce and Industry Correspondence Association of Nigeria (CICAN) awarded BUA Group with a CICAN Crystal Award for Excellence, 2009.

2010

MANCAP Presented to BUA Flour.
Gaslink Nigeria awards BUA Group.

Gaslink Nigeria Limited awarded BUA Group with the Most Consumer Award 2010. Mandatory Assessment Certificate Programme, (MANCAP), presented to BUA Flour by Standard Organization of Nigeria in 2010.

2011

BUA Pasta Commissioned.
BUA Group/FLSmidth sign $500m contract for new production line.

BUA Pasta was commissioned and integrated with BUA Flour Mills. The factory produces semolina and a pasta production plant including a water treatment plant with the capacity to supply the entire factory with purified water. BUA Group/FLSmidth sign contract of US$500 million for a 2.5 million new production line in Edo Cement resulting in a 2.9 million metric tonnes total installed capacity after completion.

2015

$1 billion BUA Obu Cement plant opens in July 2015 with a capacity of 3 million mtpa resulting in 3.5million metric tonnes combined installed capacity at both Edo & Obu Plants.

CCNN (Sokoto Cement) commences 1.5 million mtpa plant expansion project to boost its existing capacity of 500,000 metric tonnes.

2016

BUA divests its Flour & Pasta Milling assets in a multi million dollar deal

Abdul Samad Rabiu named West African & African Industrialist of the Year by CNBC/AABLA Lafiagi Sugar Company (LASUCO) was acquired by BUA Group through a privatization exercise.

2017

Majority stake holding in Cement Company of Northern Nigeria (Sokoto Cement) and Edo Cement Companies are acquired by BUA Group

Majority stake holding in Cement Company of Northern Nigeria (Sokoto Cement) and Edo Cement Companies are acquired by BUA Group. BUA Sugar Refinery II in Port Harcourt, Rivers State is completed BUA Group establishes BUA Rice Outgrowers Scheme for farmers in Kano and Jigawa states targeting over 100,000 farmers.

2018

Kalambaina Cement 1.5 Million mtpa sited within Sokoto Cement Plant is completed

Kalambaina Cement 1.5 Million mtpa sited within Sokoto Cement Plant is completed. Kalambaina Cement plant and CCNN (Sokoto Cement) commences plans for a merger. BUA (Obu) Cement Line 2 is completed

2019

Eastern Sugar Refinery in Port Harcourt, Rivers State is completed.

BUA Kalambaina Cement, Sokoto is completed and commissioned

2020

BUA Cement is listed on the Nigeria Stock Exchange (now Nigeria Exchange Group)