Abdul Samad Rabiu's BUA Refinery to Process 200,000 Barrels

BUA Refinery and Petrochemicals Limited, part of BUA Group founded by Abdul Samad Rabiu, is a significant project in Nigeria's oil and gas sector. The refinery is designed to process 200,000 barrels of crude oil daily, producing petrol, diesel, jet fuel, and propylene for plastics.
The facility is located in Ibeno, southern Nigeria, and aims to reduce dependence on imported fuel while supporting local employment and businesses in transportation, logistics, and petroleum distribution. BUA Group selected France-based Axens in 2020 to provide process technologies, covering technology licenses, engineering, equipment, catalysts, training, and technical services.
The project was initially expected to be operational in 2024, but that deadline has passed. In January 2025, BUA management confirmed that construction was progressing and the project remained on track to meet its delivery timelines.
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