Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,193,939 members, 7,952,779 topics. Date: Thursday, 19 September 2024 at 12:27 AM

Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars (328 Views)

BUA Chairman Promises Nigerians Not To Increase Prices Of Products For Now / BUA Refinery: Pres. Macron Lauds Abdul Samad Rabiu As BUA Signs Deal With Axens / Abdul Samad Rabiu: BUA Petroleum Refinery Ready In 2024 (2) (3) (4)

(1) (Reply) (Go Down)

Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars by NASTYNASOSO: 12:06am On Mar 24, 2021
Breaking: BUA Chairman, Abdul Samad Rabiu, to Give Nigeria, Africa $100m Dollars for Education, Health, Social Development


+ Donates N6billion To 6 Varsities For Starters

If philanthropy were an art, you may call billionaire extraordinaire and philanthropist, Alhaji Abdul Samad Rabiu, Michelangelo; and if it were classical music, call him Mozart.

Yes, em­pa­thy froths in the blood of this international businessman like the prover­bial no­ble with a heart of gold, he has mounted yet an­other dense bridge of mercy to con­nect bliss to Nigeria nay Africa. With this great initiative, Rabiu remains characteristically humble thus affirming notions of his unabashed humility and graciousness in glory.

The BUA boss is notable for his immeasurable generosity; as he makes remarkable leaps with his enterprise, he matches his exploits with significant acts of kindness.

In a statement made available to TheCapital, the BUA chairman said: “It is with the blessings of the Almighty, my family, colleagues, the support of my community and the backing of my conscience, that I announce the launch of the Abdul Samad Rabiu Initiative, with an Africa Fund endowment of USD100million every year starting from this year, 2021; USD$50million to Nigeria and USD$50million to the rest of our beloved continent.

“Over the years as a corporate, and through the BUA Foundation, we have been actively involved in corporate philanthropy in various sectors – from health, education, community development, water ans sanitation, sports, and even more recently, our work on COVID-19.

“However, with the Abdul Samad Rabiu Initiative and its annual USD$100million Africa Fund for Social Development, we are specifically extending this work to the Education, Health and Social Development sectors, starting with infrastructure and capacity development in these areas and supporting the efforts of various governments in Nigeria and Sub-Saharan Africa.

“Our broad focus is equipping facilities, our researchers, healthcare practitioners and community-level service providers, with the aim of providing sustainable solutions for generations to come.

“They say life begins at 50; what they never tell you is that a pandemic can change your life at 60.

“In that year 2020, when I turned 60, at least two million others turned into memories, taken by this deadly virus. I watched millions become numbers in a global death toll and ancestors in the world beyond. The same pandemic that forced us humans to slow down, now forces our humaneness to square up. The plans I once took time to construct, now take up all my time.

“The challenges are manifold in various areas of our lives, from education, on to healthcare, and throughout social development.

“Therefore, based on the results of extensive deliberation over the course of a year, our first cohort for Nigeria will be NGN1billion each in grants to 6 universities in the 6 geopolitical zones in Nigeria, towards the initiation and upgrading of infrastructure, where applicable. The universities in the first phase include Ahmadu Bello University, University of Maiduguri, University of Nigeria, University of Benin, University of Ilorin, and University of Ibadan. These grants will be directed towards projects that will be delivered by the Abdul Samad Rabiu Initiative for the project duration.

“For accountability, we will present annual reports, with all activities overseen by a sterling board of trustees. More importantly, I am counting on you as beneficiaries, end-users and therefore custodians of these projects to hold the Abdul Samad Rabiu Initiative to account; contact, commend, recommend or complain to us on asrafrica.org.

“Over the course of the year, I expect to also announce funding opportunities of USD$50million for the rest of Africa – we are currently in talks with our stakeholders and other partners and announcements will be duly made.

“As the world tries to claw its way back to business as usual, the Abdul Samad Rabiu Initiative’s Africa Fund for Social Development ans Renewal aims to be a modest reminder to us all that until our health, education and other development issues are fixed, business as usual in these times, means business as brutal. We pledge to continue to do what we can to support ongoing efforts by various governments to bridge the development divide across Africa.

“This is my promise. This is the goal of ASR AFRICA,” the statement read.
Re: Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars by Yankee101: 12:16am On Mar 24, 2021
Source
Re: Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars by Ever8090: 12:18am On Mar 24, 2021
Instead of am to use the money sponsor alamajiri wey full him door step go school to reduce the number of future terrorist in his region..

Re: Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars by PureMe01: 12:27am On Mar 24, 2021
2023 is fast arriving

Re: Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars by NASTYNASOSO: 12:31am On Mar 24, 2021
Yankee101:
Source

Breaking: BUA Chairman, Abdul Samad Rabiu, to Give Nigeria, Africa $100m for Education, Health, Social Development.

+ Donates N6billion To 6 Varsities For Starters

http://www.thecapital.ng/?p=39682
Re: Breaking: Bua Chairman, Abdul Samad Rabiu, To Give Nigeria, Africa $100m Dollars by Resurrection212: 12:40am On Mar 24, 2021
Misplace of priority. Audio donations.

(1) (Reply)

Get Your LPG Skid Gas Tank For As Low As N6.4M / Buying Bulk USDT And Cryptocurrencies / Help Me Achieve Success In Digital Affiliate Maketing

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 15
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.