Tag: BUA
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BUA tasks Bala Usman to show how Group violated concession agreement
The management of BUA Group has taken the special adviser to President Bola Tinubu on policy coordination, Hadiza Bala Usman to specify the specific clause or clauses violated by the group in her decision to terminate the port concession agreement with the Nigerian Ports Authority, NPA. Responding to Ms Usman’s claims justifying the abrogation of…
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How Tinubu’s policy helped lower food prices – BUA Chairman
Chairman of BUA Group, Alhaji Abdul Samad Rabiu, has credited President Bola Tinubu’s duty waiver policy on essential food imports as a key factor behind the recent decline in food prices across Nigeria.
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Maiduguri flood: BUA donates N2bn to victims
The Chairman of BUA Group, Alhaji Abdul Samad Rabiu, has announced the donation of N2 billion to flood victims in Maiduguri and Jere in Borno State.
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How dealers frustrated our efforts to sell cement at N3,500 per bag – BUA Cement
AbdulSamad Rabiu, Chairman of the Board of Directors of BUA Cement Plc has disclosed how cement dealers in the country frustrated the efforts of the company to sell cement at N3,500 per bag last year. TheNewsGuru.com (TNG) reports Rabiu made the disclosure at the 8th Annual General Meeting of BUA Cement held in Abuja.
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Abdul Samad Rabiu approves 50% salary increment for BUA staff
Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board. Rabiu made the disclosure in an internal memo signed on Sunday in Lagos by Mr Mohammed Wali, BUA’s Head of Human Resources.
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JUST IN: BUA crashes price of cement to N3,500 per bag
Finally, BUA Cement Plc fulfilled its promise to crash the price of cement from N5000 to N3,500
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Senate moves to liberalise cement policy in Nigeria
The Nigerian Senate on Tuesday debated a motion on the need for liberalization of cement policy in Nigeria. TheNewsGuru.com (TNG) reports the motion was moved by Senator Lola Ashiru and five other Senators. Senator Ashiru noted that the Nigerian cement market is oligopolistic in nature with three players. Dangote Cement has 60.6%, Lafarge Africa 21.8%…
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Lamentation galore as cement prices soar in South East
Prices of cement has increased by 67 per cent in the South East states of Abia, Anambra, Ebonyi, Enugu and Imo, engendering a lamentation galore. A market survey at various wholesale and retail shops in the zone by NAN shows that the price of the product has increased almost by double when compared to the…
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Rivalry war: Ganduje, others wade in, reconcile Aliko Dangote, Abdussamad Isyaka-Rabi’u over sugar plant saga [Photo]
Governor Abdullahi Ganduje of Kano state has waded into the dispute between Dangote and BUA companies owned by two business moguls from the state. This is in order to resolve the lingering conflict among the two Kano State prominent indigenes Aliko Dangote and Abdussamad Isyaka-Rabi’u over the establishment of a Sugar plant by BUA. A…
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Controversy as BUA, CACOVID trade words over procurement of 1m AstraZeneca COVID-19 vaccines for Nigeria
There is confusion over the purchase of one million doses of AstraZeneca COVID-19 vaccines for Nigeria. The Coalition Against COVID-19 (CACOVID) yesterday disowned BUA’s purported plan to purchase one million COVID-19 vaccines singlehandedly for Nigeria. BUA was quoted on Monday that it has paid for 1 million doses of AstraZeneca COVID-19 vaccines for Nigeria through…