Nigerian industrialist and Chairman of BUA Group, Abdul Samad Rabiu, has rewarded long-serving employees of the conglomerate with cash gifts valued at approximately $20.7 million in appreciation of their loyalty and years of service.
The announcement was made on Friday, December 13, 2025, during the BUA Night of Excellence Long-Service Awards held in Lagos.
The ceremony brought together company executives, staff members and industry stakeholders to celebrate workers who have played key roles in the growth and success of the group over the years.
BUA Group, one of Africa’s leading industrial conglomerates with interests in cement manufacturing, sugar refining, food processing and infrastructure development, said the awards were designed to recognise dedication and consistency across all levels of its workforce.
Details revealed at the event showed that the cash rewards were distributed across various categories.
Five employees received N1 billion each, while another five staff members were awarded N500 million each.
Several others were given N100 million, and dozens of employees received cash gifts ranging from N5 million to N20 million, based on their years of service and category of recognition.
Organisers of the ceremony explained that the initiative was structured to cut across different cadres of staff, noting that the company’s achievements are driven by the collective contributions of its workforce, not only top management.
Speaking at the event, Rabiu described BUA employees as the backbone of the group’s success, commending their commitment and resilience over the years.
He said recognising loyalty and hard work remains a core value of the organisation, particularly at a time when many Nigerians are grappling with rising living costs and economic pressures.
Rabiu added that businesses perform better when employees feel valued and secure, assuring that BUA Group would continue to prioritise staff welfare as part of its long-term growth strategy.
The latest reward scheme adds to Rabiu’s history of staff-focused initiatives.
In February 2024, he approved a 50 per cent salary increase for employees across BUA Group, a move that attracted widespread attention.
In 2021, he also announced a N2 billion share bonus for BUA Cement staff to appreciate workers who sustained operations during the COVID-19 pandemic despite global and local disruptions.
