BUA Pays ₦30bn To 510 Workers In Major Long Service, Excellence Awards

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BUA Group awarded ₦30 billion in cash rewards to 510 employees at its 2025 Long Service and Excellence Awards.

The payout was announced during the Group’s Night of Excellence and Long Service Awards, an annual internal programme designed to recognise dedication, performance, and loyalty across its operations.

Beneficiaries included employees whose years of service range from five years to more than four decades, reflecting BUA’s emphasis on long-term commitment and workforce stability.

Speaking at the event, BUA Founder and Executive Chairman, Abdul Samad Rabiu, said the awards were aimed at acknowledging the role employees have played in building the Group over the years.

He noted that BUA’s transformation from a relatively small enterprise into one of Nigeria’s most valuable listed groups was driven by sustained employee effort rather than capital alone.

According to the breakdown of the awards, individual cash payments ranged from ₦100 million to ₦1 billion for top-tier recipients.

A select number of employees received their awards on stage, while others had already received their cheques and plaques ahead of the ceremony.

Remaining beneficiaries are expected to receive theirs across various operational locations nationwide.

Rabiu said the financial rewards were symbolic and could not fully reflect the value of decades of service, sacrifice, and belief in the company’s vision.

He added that BUA would continue to prioritise investment in capacity expansion, technology, and operational efficiency across its cement, food, sugar, and infrastructure businesses, with employees remaining central to its long-term strategy.

The Group described the awards programme as part of its broader corporate culture built around shared prosperity, merit-based recognition, and respect for human capital.

Management said such initiatives are intended to strengthen employee morale, reinforce loyalty, and align workforce interests with the company’s growth objectives.

The ceremony attracted senior government officials, industry leaders, and key stakeholders, underscoring the scale of the event and BUA’s growing influence within Nigeria’s corporate landscape.

BUA’s ₦30 billion payout highlights an increasing focus among large Nigerian corporates on structured employee reward systems, as firms seek to retain talent, improve productivity, and sustain growth in a competitive operating environment.

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