1,706 employees of Nigerian billionaire Abdul Samad Rabiu now $20.7 million richer

Billionaires Africa | 16.12.2025 03:49
In a move that has captured attention across Nigeria’s corporate and philanthropic circles, 1,706 long-serving employees of BUA Group, one of Africa’s largest manufacturing and industrial conglomerates, received a combined cash award of N30 billion ($20.7 million). The gesture, announced at the annual BUA Night of Excellence Long Service Awards held at Eko Hotel & Suites in Victoria Island, Lagos, goes beyond conventional bonuses, shining a rare spotlight on the people behind a corporate empire.