(FCT) Abuja, Nigeria – 15 May, 2025
Chairman of BUA Group, Abdul Samad Rabiu, has said the timely intervention by President Bola Tinubu through tariff waivers on key food imports has led to a significant drop in food prices across the country.
Speaking to journalists after meeting with the President at the State House in Abuja on Thursday, 15th May, 2025, Rabiu noted that the waivers, granted last year, allowed major food processors like BUA to import brown rice, maize, wheat, and sorghum at a time when prices were at record highs.
Source: Leadership
About BUA Group
BUA Group is one of Africa’s leading manufacturing, mining, foods, and infrastructure conglomerates with its headquarters in Lagos, Nigeria. Established in 1988 by industrialist Abdul Samad Rabiu, BUA has significant investments in mining and infrastructure, including Cement Manufacturing, Construction, Real Estate, Plaster Production, and Quarrying & Mining.