A Nigerian multi-billionaire Businessman, Industrialist and Philanthropist, Abdul Samad Rabiu, on Friday, paid a visit to President Muhammadu Buhari, at the Aso Rock Presidential Villa, in Abuja, and donated N10 billion, as his contribution to the fight against insecurity in the country,
Rabiu said that the visit was aimed at updating the President, and equally thanking him for creating what he described as “an enabling environment for business to thrive” in the country.
He stated also that he used the opportunity to brief President Buhari on the strides BUA Group has made in the past few years.
He informed the President on the activities of his Foundation, The Abdul Samad Rabiu Africa Initiative, ASR Africa, during which he announced the donation of the N10billion Nigeria Security Support Fund from ASR Africa, towards the provision of some security equipment, medical and other supplies, upgrade of health facilities and other infrastructure for families of those on the frontlines.
He noted that under the current government, BUA has built over 10 factories, with 2 of the Group’s subsidiaries now among the top 10 largest publicly listed companies in Africa, and to further support the efforts of his administration in business, as well as in the Security space.
Responding, President Buhari lauded Rabiu for the gesture.
He said that it was heartwarming to see and hear of Nigerian companies doing so much within Nigeria and Africa, especially in the area of production, using locally available raw materials.
He also expressed his elation at the achievements of BUA, which has led to phenomenal growth within such a short time.
President Buhari stated: “As a government, we know we have done a lot in this regard, and we will continue to do more to support the aspirations of serious businesses, big and small, by providing an enabling environment, as well as supporting value creation within Nigeria.”