Business Hilights

Tracking Nigeria's Headline Business News Online

Abdulsamad  Rabiu

Nigeria can save $3bn yearly if it begins backward integration on steel—BUA chief

In his remarks at the opening plenary of the Africa CEO Forum in Abidjan, Cote d’Ivoire, the founder/Executive Chairman of BUA Group and Chairman of CCNN, Abdulsamad Rabiu, has advised the federal government to work towards implementing backward integration in…

BUA boss, Rabiu, silent on high cement price upon backward integration

…Hints of commissioning new production lines soon The Chairman of BUA Group, one of the key producers of cement, Abdulsamad Rabiu, has smartly maintained sealed lips on questions bordering on high cost of cement in Nigeria upon the feat of…

4,000 to 5,000MW of power very bad for Nigeria’s industrial quest—-BUA group boss

A member of the Nigeria Industrial Policy and Competitiveness Advisory Council (NIPCAC) committee, and Chairman of the BUA Group,  Abdulsamad Rabiu, has sounded it loud and clear that marking time around the power production capacity of 4,000 and 5,000MW has…

Dangote, Rabiu see price of cement crashing before year end

Whereas leading African cement magnate, Alhaji Aliko Dangote has revealed that backward integration in cement production has saved the nation, about $2bn annually, the Chairman of BUA Cement, Alhaji Abdulsamad  Rabiu, on Thursday disclosed that the price of cement may…