“The greatest use of a life is to spend it on something that will outlast it”- William James.
The story behind the business journey of Abdulsamad Rabiu, chairman/chief executive officer of BUA Group, cannot be fully comprehended without looking closely at how he took over his father’s business empire at the embryonic age of 24 when he returned to Nigeria.
In the early 90s after learning the ropes of business with unwavering commitment and determination, he meandered from the path of family business and birthed BUA Group as a private company.
This daring decision to opt out from an already established family business turned out to be his greatest decision which has changed his life, business fortunes and the society at large.
On August 4, 2022, Abdulsamad Rabiu turned 62 years old. Even though every day is worthy of celebration but birthdays remind people that the clock of life is ticking; albeit unnoticed. That is why the postulation of William James comes to bear. Knowing that life is transient, the greatest use of a life is to spend it on something that will outlast it. What will keep reminding generations coming after us that we once traversed this space, will be indelible footprints we must have left on the sands of time.
The piece intends to dissect Abdulsamad Rabiu’s philanthropic assistance because so much has been written about his wealth and other business conglomerates under BUA Group. Through diligence, commitment and hard work, he had identified and harnessed opportunities across various economic sectors. Many people in the country and beyond when they hear the name BUA Group the quick reference is his breaking the monopoly in cement and sugar industry in the country by commissioning the second largest sugar refinery in Nigeria and cement manufacturing company in sub-Saharan Africa.
Abdulsamad Rabiu decided to take the bull by the horn in guaranteeing education, health and social service for the people across the country. He has this passion of giving back to society, which has endeared him to establish BUA Foundation and ASR Initiative, a humanitarian foundation that distinguishes himf as an outstanding philanthropist in Africa.
For so long, he was fully accustomed to the lives of the downtrodden and the vulnerable in society in spite of the fact that poverty is distant from him since birth, but he is relentless in transforming lives, bringing development and alleviating poverty.
To him, wealth is not meant to be accumulated but rather distributed to the needy. This made people called him ‘Mr. Talk and Do’ because he has shown that BUA companies are not just about making money but also making available funds for advancing humanity.
Abdulsamad Rabiu, through BUA Foundation, provided funds for the reconstruction of Jakara Primary School in Kano Municipal local government area, a stone throw to his father’s residence. He funded the construction of the multi-million naira Centre for Islamic Studies at the Bayero University. The foundation also built a multi-million naira 7,000-square-meter pediatric ward at the Aminu Kano Teaching Hospital, among many others.
Definitely Abdulsamad’s philanthropic and charitable gestures speak to the depth of his humanity. May Almighty God reward him with long life, good health and more wisdom.