BUA Group founder & Chair talks investing in cement

The founder and chairman of the BUA Group, Abdulsamad Rabiu, recently shared insights into his company's investment journey in Edo State, Nigeria. During an interview with CNBC Africa's Onyi Sunday at the Alaghodaro Investment Summit, Rabiu highlighted the significant investments his company has made in the region. He emphasized that BUA Group produces the best quality cement in Nigeria, attributing their success to the superior quality of limestone found in Edo State. With a historical capacity of three million tons, BUA Group has managed to surpass production targets due to the demand for their high-quality cement product. Rabiu expressed pride in the success of their operations and encouraged other investors to explore the opportunities available in Edo State. The supportive government policies and availability of resources such as gas make Edo State an attractive destination for businesses, particularly those in heavy industries requiring power. Despite challenges, Rabiu remains optimistic about the potential for growth and development in Nigeria, urging investors to consider the vast untapped opportunities in the country. He emphasized the importance of local production to reduce dependency on imports and create job opportunities for the Nigerian workforce. Rabiu's message resonates with a call for increased investments in key industries like cement production, highlighting the economic benefits and job creation potential that come with local manufacturing. As BUA Group continues to thrive in Edo State, Rabiu's investment journey serves as a testament to the possibilities for success in Nigeria's business landscape.