Abdul Samad Rabiu, founder and chairman of BUA Group, has once again demonstrated his appreciation for his employees’ hard work and dedication. The Nigerian billionaire has shared $20.7 million in cash rewards with long-serving employees of the BUA Group, a leading African manufacturing and industrial conglomerate.
Recognizing Loyalty and Service
The rewards were announced at the BUA Night of Excellence Long Service Awards, held at Eko Hotel & Suites in Lagos. The event honored employees for their years of service, loyalty, and contributions to the company. Rabiu approved cash awards ranging from $3,450 to $691,000, benefiting employees across various levels of the organization.
Prioritizing Employee Welfare
This gesture is consistent with BUA’s reputation for valuing its employees. In 2024, Rabiu approved a 50% salary increase across the group, demonstrating his commitment to supporting employees during challenging economic times. Additionally, in 2021, he awarded a $4.8 million share bonus to BUA Cement employees who helped maintain profitability during the pandemic.
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Building a Loyal Workforce
Rabiu’s approach to employee rewards and recognition has contributed to BUA’s positive reputation as an employer. His focus on tangible benefits and appreciation for hard work has fostered loyalty and dedication among BUA employees.
