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BUA Foods Plc, owned by Abdul Samad Rabiu, Nigeria's second-richest man, has invested about $200 million in sugar estate to expand the company's product line.
Cement manufacturers have agreed on a new price for a bag, bringing succor to builders and real estate companies after the commodity increased to as high as N15,000.
The leader of the manufacturing conglomerate BUA Group, Abdul Samad Rabiu, has authorized a dramatic 50% increase in employee pay throughout the company.
“Sequel to the above development, the Human Resources and Finance departments are processing the increase to ensure that it is captured in the February 2024 payroll.
Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across the board. Rabiu made the disclosure in an internal memo signed on Sunday in Lagos by Mr Mohammed Wali, BUA’s Head of Human Resources. The memo quoted the BUA…