Just another News Updates
In response to the escalating cost of living, BUA Group’s Chairman, Abdul Samad Rabiu, has authorized a substantial 50% raise for all employees. This significant decision was communicated via an internal memo issued on Sunday in Lagos by Mr. Mohammed Wali, BUA’s Head of Human Resources. Rabiu emphasized that the raise aims to alleviate the […]
When a few days ago a social commentator raised the alarm over the unconventional ways BUA’s competitors have been fighting him since he singlehandedly brought down price of cement, some didn’t take it serious. Within the last forty eight hours or so, we have seen two major social media influencers set out to deliberately attack […]
Recent developments in the cement sector have raised concerns. Ever since BUA Group Chairman, Abdul Samad Rabiu, announced that his products would be sold at ₦3,500 per bag, it has sent shockwaves through the industry. Initially, there was a flurry of media attention and debates on the feasibility of this price reduction. Much of this […]
Abdul Samad Rabiu, Chairman of the BUA Group, has generously donated ₦2 billion towards the restoration of the historic Zaria Central Mosque, which tragically collapsed on Friday, August 11, 2023, leading to casualties among worshipers. The Zaria Central Mosque, standing for over 150 years, holds significant cultural and historical importance within the Zazzau Emirate Council […]
The Abdul Samad Rabiu Africa Initiative (ASR Africa) has officially initiated the construction of a ₦2.5 billion cancer and diagnostic facility in Kwara State. This visionary project is the brainchild of Abdul Samad Rabiu, the esteemed founder and chairman of the BUA Group of Companies. During the foundation laying ceremony in Kwara State, Dr. Ubong […]
BUA Cement PLC, has on Sunday reduced its ex-factory cement prices to ₦3,500/bag, noting that it would be effective from tomorrow, 2 October, 2023. The company disclosed this on Sunday evening on its verified Twitter handle, now X. A statement by its Management said: “We refer to our previous pronouncements regarding our intent to reduce […]
Abba Dukawa At the 2nd Annual General Meeting (AGM) held in Abuja on Thursday, shareholders of BUA Foods unanimously approved the proposed final dividend payment of NGN4.50 per share with a total value of NGN81 billion. The value, according to the company, was driven by the positive growth recorded in the financial year ended December […]
By Abba Dukawa THE Chairman of BUA Group, Abdul-Samad Rabiu, says the company is set to reduce the price of cement in Nigeria. He disclosed this on Friday while speaking with State House correspondents after meeting with President Bola Tinubu. Rabiu said to support the efforts of the government to crash the price of the […]
Aliko Dangote and Abdulsamad Rabiu, Nigerian billionaires listed among the 500 richest men in the world, have lost $5.85 billion, according to the Bloomberg Billionaire Index (BBI). The BBI is a daily ranking of the world’s richest people. It provides details on the calculations of net worth analysis on each billionaire’s profile page. Data on […]
“the greatest use of a life is to spend it on something that will outlast it”. William James Wrote: Abba Dukawa The story behind business journey of AbdulSamad Rabiu President of BUA Group, cannot be fully comprehended without looking closely at how he took over from his father’s vast business empire at the embryonic age […]