BUA Group- Top50 Brands 2025
BUA Group
Year of Establishment | 1988 (as BUA International Ltd.) |
Website | |
Headquarters | BUA Towers, Churchgate Street, Victoria Island, Lagos, Nigeria |
MD / CEO | Chairman: Abdul Samad Rabiu |
Number of Branches / Operations Presence | Not a branch-based model; operations span multiple sectors across Nigeria (factories, ports, estates) |
Areas of Interest | Foods (sugar, rice, flour, pasta, edible oils), Cement, Real Estate, Mining, Steel, Ports & Terminals, Oil & Gas, Shipping, Petrochemicals, Construction materials like Plaster of Paris (PoP) |
Countries of Operation | Nigeria primarily; ambitions to expand across Africa and beyond as indicated by vision statements |
Annual Turnover | N778.9 billion (2023); N877.9 billion (2022) |
Number of Staff | Approximately 1,057 employees (2023); previously estimated at 657 (2022) |
Marketing Budget | Not publicly disclosed |
Contact Address | BUA Towers, Churchgate Street, Victoria Island, Lagos, Nigeria; other regional offices include Abuja, Apapa, Sokoto, Edo, Port Harcourt, etc. |
Best Known As | A leading Nigerian industrial conglomerate with diversified interests in food production and infrastructure development; recognized for rapid growth and industrial expansion |
BUA Group has consistently maintained its position as one of the most valuable and fastest-growing conglomerates in Nigeria, a status reaffirmed by its rapid expansion, strong market performance, and leadership across key sectors of the economy. This dominance is evidence in its various investments in cement, sugar, infrastructure as well as its role in driving industrialization, job creation, and sustainable development in Nigeria and across Africa.
Founded in 1988 by Abdulsamad Rabiu, BUA Group has grown from a modest trading company into a diversified conglomerate with operations in cement production, sugar refining, real estate, oil and gas, port operations, and agribusiness. Over the years, BUA has carved a niche as a formidable competitor in industries traditionally dominated by older players, making it a symbol of innovation, resilience, and indigenous enterprise.
Its flagship, BUA Cement Plc is Nigeria’s second-largest cement producer with an installed capacity of over 17 million metric tonnes per annum and plants located in Edo, Sokoto, and Adamawa States. Listed on the Nigerian Exchange (NGX), BUA Cement is one of the most capitalized companies in the market and has consistently delivered strong results, making it a top choice for investors.
In the sugar sector, BUA Sugar Refinery stands as one of Nigeria’s largest producers, with operations in Lagos and Port Harcourt. The company is actively pursuing the Federal Government’s Backward Integration Policy, developing large-scale sugar plantations and refineries to reduce import dependence and create thousands of jobs.
BUA Group is also a strong advocate of corporate philanthropy through the BUA Foundation. The Foundation has invested billions of naira in health, education, infrastructure, and social welfare projects. Notably, during the COVID-19 pandemic, BUA made one of the largest private-sector donations in Nigeria, including the provision of medical equipment, testing kits, and food relief to vulnerable communities.
Through its aggressive expansion, industrial innovations, and unwavering commitment to social impact, BUA Group remains not just a leading Nigerian conglomerate but also a driving force for sustainable development and economic transformation in Africa.
