Post Views: 87 Fast moving consumer goods giant and infrastructure conglomerate, BUA Group, at the weekend rewarded its customers and distributors wit...
Fast moving consumer goods giant and infrastructure conglomerate, BUA Group, at the weekend rewarded its customers and distributors with 25 cars worth over N500m, as well as cash gifts to appreciate their support and loyalty to the growth of the company over the past 30 years of its existence.
Speaking at the event tagged “CELEBRATING EXCELLENCE: 30 Years of Unlocking Opportunities – THE BUA GALA & AWARDS,” Executive Chairman/Chief Executive of BUA Group, Abdul Samad Rabiu, while expressing gratitude to the customers for their continued partnership, recalled the group’s noble beginning as a trading company importing various commodities into Nigeria.
The company’s attainment today, a statement by O’tega Ogra, the group’s head, Corporate Communications, quoted the CEO as saying, was made possible with support and loyalty of customers, partners, employees, family and friends, who noted remain the essence of the celebration and “whose support and loyalty has helped us grow the BUA brand from its days as a trading company to one of Nigeria’s largest manufacturing concerns. We could not have done this without you.
“I recall when we started as a small trading outfit, importing various commodities into Nigeria, to when we set up our edible oils processing plant to add a little bit of value. From then on, we went into Flour Milling, Sugar Refining, Pasta Production and Cement Bagging with our BUA Cement1 Floating Terminal – an innovative solution at that time.”
Continued, Rabiu stressed: “Not satisfied with that and with a hunger to do even more in terms of Production across the value chain, we ventured into ports operations in Port Harcourt, Rivers State, Sugar Plantations with over 70,000ha in Lafiaji and Bassa in Kwara and Kogi States, and Cement Manufacturing with our plants in OBU and Sokoto. These two cement plants have a combined capacity of over 8m tones, making us the second largest producers by volume in Nigeria as of now – thanks to your effort in pushing our products, and our attention to quality.
“It may interest you to know that indeed, one of our subsidiaries, Sokoto Cement (CCNN Plc) which is a listed entity, is now the eighth largest company on the Nigerian Stock Exchange with a market capitalization of over N300bn,” he told the gathering.
The group, he continued, is not just about profiteering, as it has kept its strong social pact with host communities wherever it operates and indeed the country as a whole, embarking “on various social intervention and impact activities across healthcare, education, water and sanitation to sports, poverty eradication, and environmental sustainability, amongst others. We have firmly put a human face to our business.”
“I say it with the utmost sense of humility that your partnership with us has carried us up to this point. You have journeyed with us and we will need more of your support so we can do even more. To our dear staff – some of whom have been with BUA from the very beginning, I say a big thank you, for keeping the flag of excellence flying.
“We are forever grateful for the years of little beginnings. You believed in our vision and mission to build a world class company, as we have done today. I believe that with our continued partnership, the future is ours for the taking”. Abdul Samad added.
Photo Caption: From left to right, Remi Oni, Executive Director First Bank of Nigeria; Ini Obong, Treasurer FBN; Abdul Samad Rabiu, Founder/Executive Chairman, BUA Group; Taiwo Okeowo Deputy Managing Director FBN Quest; Timi George, Head, FI’s FBN and Osahon Ogieva Head, Corporate Banking at BUA Group’s 30 years of excellence gala and awards in Lagos at the weekend.