BUA Chairman, Abdul Samad Rabiu Moves To Crash Food Price, Visit President Tinubu
By Rashidat Olushola Okunlade
The Founder and Executive Chairman of BUA Group, Abdul Samad Rabiu (CFR, CON), paid a courtesy visit to President Bola Tinubu (GCFR) on Wednesday, September 24, 2025 at the Presidential Villa in Abuja.
Established in 1988, BUA Group is one of Africa’s largest diversified groups operating out of Nigeria with its key interests in foods, mining, manufacturing and infrastructure. Its vision is to unlock opportunities that will drive sustainable development whilst providing value to all stakeholders and the African continent.
The Group’s investments span the following sectors: cement, sugar, flour, pasta, steel, Rice, real estate, logistics, ports and terminals, construction and energy with a core focus on building local manufacturing capacity to generate employment, and provide high quality products and develop the African continent.
During this engagement, their discussions centred around the positive trends in food prices in Nigeria, with BUA playing a role in reducing the price of rice and other food items, the exchange rate improvement, and businesses no longer needing to rely heavily on foreign exchange from the Central Bank of Nigeria.
According to Abdul Samad Rabiu, these developments are attributed to the bold reforms and decisive policies of President Bola Ahmed Tinubu, which have laid the foundation for a stronger economy and a better future for businesses and Nigerians.
