Bua Cement Makes Huge Donation, 16 Communities to Benefit
- BUA Cement provided 16 host communities in the Wamakko Local Government Area of Sokoto State with pharmaceuticals valued at N35 million
- BUA Cement's Managing Director and Chief Executive Officer, Yusuf Binji, gave the drugs to the beneficiary villages' representatives
- He clarified that the gesture was intended to guarantee that there was adequate medication at the host communities' clinics and hospitals
Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
One of Africa's top cement companies, BUA Cement, gave N35 million worth of medications to 16 host communities in Sokoto State's Wamakko Local Government Area as part of its corporate social responsibility (CSR).
Source: Getty Images
Yusuf Binji, the managing director and chief executive officer of BUA Cement, presented the medications to the representatives of the beneficiary villages, explaining that the purpose of the gesture was to ensure that hospitals and clinics in the host towns had enough medication.
Speaking on behalf of SADA Suleiman, Director of Administration and Corporate Services, Binji emphasized that the company made the same donation the previous year and that the gesture was a yearly occurrence, ThisDay reported.
He added that the business also provided scholarships, potable water, and mosques to the host communities as part of its community empowerment initiatives.
According to him, “What you are witnessing today is that we are giving back what the communities had given us.”
He also said that the company will shortly commission seven solar boreholes that have been finished throughout the state and provide full school uniforms to students at five host community primary schools.
Binji expressed gratitude to Governor Ahmed Aliyu for his unwavering support and guidance, emphasizing that BUA Cement Plc would continue to support the Sokoto State Government's efforts to improve the lives of its citizens.
Alhaji Umaru Ahmad, the Chairman of Wamakko Local Government, commended BUA Cement for the gift and encouraged other businesses in the state to follow suit. He was represented by Director of Health Services Umar Sani Tureta.
Rabiu builds multi-million naira project
In another development, Legit.ng reported that the Abdul Samad Rabiu Centre for Corrosion Research at the Federal University of Petroleum Resources (FUPRE), Effurun, Delta State, is now under development thanks to the efforts of the Abdul Samad Rabiu Africa Initiative (ASR Africa).
The university is receiving a N250 million grant to build this center as part of ASR Africa's Tertiary Education Grants Scheme (TEGS), which helps the nation's higher education institutions raise the caliber of their educational offerings.
Ubon Udoh, MD/CEO of ASR Africa, reaffirmed the dedication of Abdul Samad Rabiu, Chairman of ASR Africa and the BUA Group, to giving back to the African continent and leaving a lasting impression in the education sector during the groundbreaking ceremony.
Billionaire Abdulsamad Rabiu loses billions of dollar
Legit.ng reported that the currency devaluation in the country has significantly harmed Nigerian billionaire Abdul Samad Rabiu's fortunes.
Since the beginning of 2024, his net worth has decreased by $3.6 billion, demonstrating the serious consequences of the naira's weakening position.
Naira-denominated assets have experienced sharp drops in their dollar value during a year in which the Nigerian naira depreciated significantly against the US dollar, highlighting the nation's wider economic difficulties.
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Source: Legit.ng
