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The Digest:

In an unprecedented display of corporate appreciation, BUA Group distributed N30 billion to 1,768 staff members during its Night of Excellence and Long Service Awards in Lagos.

Key Points:
  • Five top staff members were awarded N1 billion each, including Group Executive Director Kabiru Rabiu.
  • Three employees received N500 million, seven got N250 million, and nine were given N200 million each.
  • Sixteen staff members were awarded N100 million each, with N13 billion distributed to top awardees.
  • The remaining N17 billion will be shared among other employees across the company nationwide.
  • Founder Abdul Samad Rabiu said the event recognized “loyalty, commitment, resilience, and faith.”
  • He credited the company’s growth to employees who had been with BUA for up to 40 years.
  • Dignitaries, including Aliko Dangote and Governor Dapo Abiodun, attended the ceremony.
The landmark reward underscores a corporate philosophy where human capital is valued as the true engine of value, revealing how sustainable success is built not just on capital, but on cultivated loyalty and shared purpose.

Sources: Premium Times