BUA GROUP: Company Profile, Overview and Culture
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March 23, 2023
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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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