Founder of BUA, Abdul Samad Rabiu donates N2bn to Maiduguri flood victims

Abdul Samad Rabiu, the founder of BUA Group, one of the biggest conglomerates in Africa, has offered a N2 billion donation to help the victims and support Borno State's recovery efforts.

The conglomerate released a statement noting that the donation was made in response to President Bola Tinubu's request for the private sector to assist with recovery efforts following the recent and terrible floods in Maiduguri. 

The donation, which aims to lessen the suffering of displaced people and towns devastated by the floods, contained N1 billion in cash and N1 billion worth of necessities for food. 

This was revealed when a group led by him travelled to Maiduguri to deliver the food supplies and the financial contribution.

Speaking on the donation, the businessman and philanthropist—who also serves as the Chairman of the Abdul Samad Rabiu Africa Initiative (ASR Africa) and BUA Group—reaffirmed his dedication to helping Nigerians in need.

He said: “The recent flooding in Maiduguri has caused untold hardship for thousands of families. I believe it is my responsibility and that of my organisation which is deeply rooted in the fabric of Nigerian society, to act swiftly and meaningfully in providing relief to those affected.

“This N2 billion donation to the victims of the recent flooding in Borno is one way of supporting the most vulnerable in times of crisis.”

The food goods valued at N1 billion consisted of rice, sugar, wheat, pasta, and other necessities. To offer rapid aid, these would be delivered to the most affected areas. In order to guarantee that assistance reaches people in need as soon as possible, the governor also accepted a N1 billion cash donation on behalf of the state government. 

Through the BUA Foundation, the charitable arm of his business, and ASR Africa, his philanthropy, Rabiu has consistently shown his dedication to helping communities in Nigeria and throughout Africa, especially in times of need. 

The statement said that this most recent contribution was a part of a larger initiative to aid in the recovery and reconstruction efforts in all of the nation's flood-affected areas.

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