BUA Group's Governance Praised Amid Strong Financial Growth

Shareholders have commended BUA Group's corporate governance under Chairman Abdul Samad Rabiu, describing his leadership as a benchmark for responsible business practices in Nigeria. Rabiu's approach emphasizes employee welfare and shareholder value, reflecting a balance between profit and social responsibility.

The group’s two flagship companies, BUA Cement Plc (NGX: BUACEMENT) and BUA Food Plc, rank among the largest firms on the Nigerian Exchange, with a combined market value estimated at ₦26 trillion. BUA Food Plc reported revenues of ₦1.77 trillion for 2025, up from ₦1.53 trillion in 2024, with profits after tax rising to ₦521.53 billion.

Similarly, BUA Cement Plc's revenue reached ₦1.18 trillion, with profits after tax surging to ₦465.28 billion. The group also implemented an unprecedented employee reward program in December 2025, distributing approximately ₦30 billion to 21 million long-serving employees, with five employees becoming billionaires.

Faruk Umar, President of AARN, highlighted the importance of BUA Group's adherence to strong corporate governance standards.