BUA GROUP: Company Profile, Overview and Culture

BUA GROUP: Company Profile, Overview and Culture

BUA Group is a diversified business headquartered in Lagos, Nigeria. The Group was established in 1988, and over time, it has expanded its operations to become a key player in multiple sections of the Nigerian economy. With a dedicated workforce of over 10,000 employees, BUA group is a force to be reckoned with in the business world. The brand name "BUA Group" is a collage of companies, encompassing a wide range of businesses, including BUA Cement, BUA Oil Mills, BUA Sugar Refinery, BUA Flour Mills, BUA Ports, and Terminals. Each of these businesses is a big cheese in its respective industry and has a track record of delivering exceptional value to its customers.

The company culture at BUA Group 

The values and practices that shape the culture at Bua Group are a direct reflection of the vision and leadership. The CEO, Abdul Samad Rabiu is highly committed to sustaining a work environment that is characterized by positivity and empowerment for all employees. This strong dedication is evident in the company's culture, which places a premium on creating an atmosphere where workers can feel supported and motivated to succeed. Also, the company is dedicated to conducting its business in a socially responsible and sustainable manner and creating long-term value for all. 

The Management Team at Bua Group

  • Abdul Sama Rabiu - Chairman/CEO

  • Chimaobi Madukwe - Group Chief Operating Officer

  • Kabiru Rabiu - Group Executive Director

  • Oluseye Alayande - Chief Legal Officer

  • Debo Agbonyin - Executive Director, Trade Finance and Logistics 

  • Engr. Ayodele Abioye - Managing Director, BUA Foods Plc

  • Engr. Yusuf Binji - Managing Director, BUA Cement Plc

  • Dr. Aliyu Idi Hong - Director, Government Relations

  • Dotun Adako - Group Head, Human Resources

  • O'tega Ogra - Group Head, Corporate Communications

Recruitment and Salary

BUA Group is recognized for its thorough and demanding recruitment procedures, which are deliberately crafted to attract exceptional and intelligent individuals from Nigeria and beyond. Once hired, the company offers competitive salaries and benefits packages to its employees which include health insurance, retirement savings plans, and opportunities for career advancement. Although the salary for each worker at BUA Group varies according to position and work experience, My salary scale recorded the average BUA Group salary to be around NGN 164,000. 

Businesses that make up the Group

As stated earlier, BUA group is a mix of interests in several industries, here are the businesses that make up the group:

  • Foods - Flour and Pasta, Sugar, Edible oils, Rice.

  • Infrastructure - Cement, Real Estate, Mines and steel, ports operations

These businesses have been known for their unflinching zeal for quality, sustainability, and excellent customer service. Likewise, each one of these positive attributes has helped the company establish itself as one of the top performers in the industry and Africa at large. 

Business achievements

Throughout the years, BUA Group has made remarkable progress in its multiple industries. The group has achieved important hallmarks and some of them are worth mentioning:

  • International Quality Award 2009 by Business Initiative Directions (BID)

  • West African World Class Multiservice Conglomerate Award - 2009

  • CICAN Crystal Award for Excellence by the Commerce and Industry Correspondence Association of Nigeria (CICAN) - 2009

  • BUA Pasta Commissioned - 2011

  • BUA Group/FLSmidth signed a contract for new production line - 2011

  • US$1 Billion BUA Obu Cement plant opened with a capacity of 3 million mtpa - 2015

  • CEO, Abdu Samad Rabiu named West African & African Industrialist of the Year - 2016

  • Established BUA Rice Outgrowers Scheme for Farmers - 2017

  • Kalambaina Cement 1.5 Million mtpa sited within Sokoto Cement Plant was completed - 2018

  • Eastern Sugar Refinery in Port Harcourt, River State was completed - 2019

  • BUA Cement was listed on the Nigeria Stock Exchange - 2020

  • BUA Merged its entire foods business into BUA Foods - 2021

In addition to these achievements, in the third quarter of 2022, BUA Foods Plc (Nigeria) experienced year-on-year revenue growth of 20.2%, amounting to N289.8 billion. Also, in the same year, BUA Group recorded a revenue growth of 40.5%, amounting to N262.6 billion, attributed to an increase in cement sales. BUA group has a strong business presence and a history of success, indicating that they operate on a large scale and have significant resources. Despite the long years of being in business, they have never played small; instead, they have continuously raised the bar.

 


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