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

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

Breaking: BUA Chairman, Abdul Samad Rabiu, to Give Nigeria, Africa $100m Dollars for Education, Health, Social Development
March 23
19:44 2021

+ 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

“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.

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  1. Princess Nikky Onyeri
    Princess Nikky Onyeri March 23, 20:38

    This is an incredible story coming from Africa- the gift of giving and sharing. May the good Lord bless and replenish the pockets of the Chairman of BUA for setting this wonderful example for the rest of African and Nigerian billionaires to emulate. Forward Ever – Backward Never

    Reply to this comment
  2. Khalil
    Khalil March 24, 05:56

    That very good help

    Reply to this comment
  3. Musget
    Musget March 24, 07:27

    My Allah bless him and his family and my Allah bless him with trust honesty people who will work for this initiative program. Allah ya Julian Malam Isiyaku Rabiu Allah ya gafarta masa ameen

    Reply to this comment
  4. Jamus
    Jamus March 24, 07:31

    Tnx a lot

    Reply to this comment
  5. Jamus
    Jamus March 24, 07:33

    We really appreciate

    Reply to this comment
  6. Usman yahaya
    Usman yahaya March 24, 08:23

    Allah ya Kara arziki mai albarka, ya kuma albarkaci zuriyar HALIFA, Hakika muma wannan gida a koda yaushe muna cin arzikinsa dan haka ba abinda zamu ce saidai Allah ya jaddada rahama ga HALIFA, ya kuma Bada ikon ci gaba da tallafawa na kasa.

    Reply to this comment
    AUWALU ALIYU ZAKARIYYA March 24, 19:57

    No wander if he do that he inherited his farther Allah bless him and his family

    Reply to this comment

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