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Education

Updated: March 13, 2021

BUA Founder, Abdul Samad Rabiu Donates 200 Million Naira To Sokoto State University

By Esan Bolaji

March 13, 2021

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Towards the construction of the ICT Faculty Building at the University. Nigerian Philanthropist and Industrialist, Abdul Samad Rabiu, has donated N200million to Sokoto State University towards the construction of an ICT Faculty Building for the University.

BUA Founder, Abdul Samad Rabiu Donates 200 Million Naira To Sokoto State University Brandspurng — BUA Founder, Abdul Samad Rabiu | www.brandspurng.com

This donation will support the University’s quest to become one of Nigeria’s best universities producing talent in the ICT space.

Abdul Samad Rabiu uses the BUA Foundation for his philanthropic activities. These include the construction of a 7,000-square-meter paediatric ward at the Aminu Kano Teaching Hospital and the construction of the Centre for Islamic Studies at Bayero University Kano amongst several others.

BUA Cement Plc, Nigeria’s second-largest cement company, announced its 2020 full-year revenues of N209billion representing an increase of 19% from the corresponding period in 2019.

Highlights.

Revenue rise 19% to N209billion (FY2020)
Gross Profits increase by 16% to N95.4billion (FY2020) from N82.4billion Naira (FY2019)
PBT rise by 19% to N79.06billion (FY2020) from N66.23billion (FY2019)
Sales Volumes rise to 5,100,232tons (FY2020) from 4,501,150tons (FY2019)

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BUA Cement Plc N100Bn Bond Issuance Now Open

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