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BUA Chairman, Abdul Samad Rabiu visits Buhari, donates N10bn

Davies Ngere Ify by Davies Ngere Ify
August 13, 2022
in National
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Abdul Samad Rabiu, a business magnate, industrialist, and philanthropist from Nigeria, visited President Muhammadu Buhari on Friday in Abuja as part of his effort to combat insecurity in the country.

The visit, according to Rabiu, was intended to give the president an update and express gratitude for fostering “an enabling environment for business to thrive.”

The business tycoon claimed he also took the chance to inform Buhari of the advancements BUA Group has made recently.

He equally informed the President on the activities of his foundation, The Abdul Samad Rabiu Africa Initiative (ASR Africa) during which he also announced the donation of a N10billion Nigeria Security Support Fund from ASR Africa towards the provision of some security equipment, medical and other supplies, upgrade of health facilities and other infrastructure for families of those on the frontlines.

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President Buhari welcomes BUA Chairman, Abdul Samad Rabiu and his team

He noted that under the current government, BUA has built over 10 factories with two of the Group’s subsidiaries now amongst the top 10 largest publicly listed companies in Africa, and to further support the efforts of his administration in business as well as in the security space.

Responding, President Buhari lauded Rabiu for the gesture.

An elated Buhari said it was heartwarming to see and hear of Nigerian companies doing so much within Nigeria, and Africa especially in the area of production using locally available raw materials.

He also expressed his elation at the achievements of BUA which had led to phenomenal growth within such a short time. “As a Government, we know we have done a lot in this regard, and we will continue to do more to support the aspirations of serious businesses, big and small, by providing an enabling environment as well as supporting value creation within Nigeria..”

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