Chairman of BUA Group, Abdul Samad Rabiu, has said the company’s ongoing expansion projects across Nigeria will create thousands of jobs and help reduce the cost of food by increasing production.
Rabiu made this known on Wednesday after meeting with President Bola Ahmed Tinubu at the Presidential Villa in Abuja. He explained that the visit was mainly to appreciate the President for supporting businesses and to reassure him of BUA Group’s commitment to investing in Nigeria.
According to Rabiu, BUA Group is currently working on several major projects in the food sector. These include expanding its flour mills, sugar refineries, and local sugar production through its backward integration programme. The company is also building new oil milling plants, feed mills, and noodle manufacturing factories.
He said these projects are expected to be completed next year and will greatly increase the company’s production capacity. Once completed, BUA Foods is expected to become the largest food production company in Nigeria.
Rabiu explained that producing more food locally is one of the best ways to reduce food prices. He noted that when a company has a larger production capacity, it can supply more products to the market, helping to make food more available and affordable for Nigerians.
He expressed confidence that BUA’s expansion would not only strengthen the company but also support the Federal Government’s efforts to improve food security across the country.
Speaking about his meeting with President Tinubu, Rabiu described it as a friendly and respectful visit. He said it gave him the opportunity to thank the President for creating a business-friendly environment and encouraging private sector investment.
Rabiu also said the meeting allowed him to restate BUA Group’s commitment to expanding its investments across different sectors of the Nigerian economy. He emphasized that the company remains focused on creating employment opportunities and supporting economic development.
According to him, BUA Group believes that continuous investment in local industries will help drive economic growth while improving the lives of many Nigerians. He added that the company will continue to invest in projects that increase production, create jobs, and strengthen the country’s manufacturing sector.
Rabiu further praised President Tinubu’s leadership, saying the administration’s support has encouraged businesses to continue investing despite economic challenges. He expressed optimism that stronger collaboration between the government and the private sector would lead to lasting economic progress.
He concluded by reaffirming BUA Group’s dedication to contributing to Nigeria’s development through sustained investments, increased production, and employment generation. He said the company remains committed to playing its role in helping the country achieve economic growth while making essential food products more affordable for consumers.
