The Chairman of BUA Group is
sixty and is obviously not rolling out the drums to sign post this development.
The case study in how to run a model mega investment is celebrating the day working on how to achieve his biggest dream – and keeping the society safe with personal and corporate contributions to the fight against Covid-19.
‘’There is no celebration, Chairman is spending the day working’’ Societynow.ng learned.
The Chairman and his company rate very high in donations – cash and kinds – to the fight against the pandemic.
Again, BUA Foundation Boosts Fight Against Covid-19, Gifts Lagos State N200m & 5 Ambulances
Societynow.ng confirmed the biggest dream of the Forbes rated Billionaire is to unlock the inherent economic opportunities in Africa through BUA Group.
Details As BUA’s Abdulsamad Rabiu Teams Up With Dangote, Adenuga & Alakija To Make List Of 13 Richest Black People In The World
And the extraordinary business is already achieving his heat desire judging from the enviable feats BUA group has performed since it started operations in 1988 as BUA International Limited.
A Big Helping Hand!…Billionaire Abdulsamad Rabiu Donates N1billion In Fight Against Coronavirus, Orders Medical Equipment & Supplies
By 2005, BUA has broken the monopoly in the Nigerian Sugar Industry with the commissioning of the second largest Sugar Refiner in Sub- Saharan Africa and this was after it acquired Nigerian Oil Mills Limited, the largest edible oil processing company in the country.
All The Inside Gists As Vp Osinbajo Commissions BUA Group’s $1billion Ultra-Modern Cement Factory
The checks made by soocietynow.ng revealed that the company went on to acquire major stake in Cement Company in Nigerian and completed a $900million plant in Edo State in 2015.
BUA Port and Terminal, BUA Cement, BUA Oil and Mill, BUA Sugar and BUA Estate had became highly rated ventures by then.
The merging of his privately owned Obu Cement Company and the publicly listed Cement Company of Northern Nigeria as a company that trades on the Stock Exchange in January 2020 soared the rating of the unusual entrepreneur.
The recent declaration of 2020 half-year results revenues of N101.3billion and a Profit After Tax of N34.82billion is a strong testimony in how far the champion of commerce has taken BUA and how strong he has made the parameter of excellent operation.
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Widely described as very compassionate and particular about the growth of those that surround him, a clear window into this aspect of providing helping hands to others is evident in annual recognition of customers with “outstanding prizes” to support their businesses and encourage them to do more.
Here is a link for insight into one of such ceremonies – Showers Of Blessings As BUA Splashes Year End Gifts Of Brand New Toyota Prados, Hyudai Sonatas, Cash Rewards On Customers In About N500m Appreciation Package
Societynow.ng gathered that despite committing over N7Billion to the fight against Covid-19 – in cash and kinds -and donations of ambulances by the BUA Foundation to States like Kano, Lagos, Sokoto, Rivers, Edo, Katsina, Kwara, Jigawa and others – including a N1Billion donation to CACOVID ( the private sector come-together led by the Central Bank of Nigeria) – insiders disclosed that the 60th birthday celebrant and his BUA Group are back to the drawing board, planning to do more for humanity.
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