ASR-Africa Initiative begins $100m grant disbursement, donates N1bn to ABU

ASR-Africa Initiative, the brainchild of Abdul Samad Rabiu, Founder and Executive Chairman of BUA Group has provided a grant of N1billion to Ahmadu Bello University (ABU), Zaria as part of its yearly $100 million ASR-Africa Fund for Social Development and Renewal.

A press statement issued to Blueprint Thursday said the grant will go towards the provision of a hostel and department building as identified by the university.

African industrialist and philanthropist, Abdul Samad Rabiu, had on Monday launched the ASR-Africa Initiative for Education, Health and Social Development in Africa, which focuses mainly on equipping facilities, researchers, healthcare practitioners and community-level service providers and also supporting the efforts of various governments in Nigeria and Sub-Saharan Africa.

Speaking at a ceremony at the Ahmadu Bello University, Thursday, Abdul Samad Rabiu also named the University of Nigeria Nsukka; University of Maiduguri; University of Ilorin; University of Ibadan, and University of Benin as other beneficiaries each of the N1 billion in the first cohort of the intervention grant.

According to Rabiu, who was represented by Dr. Aliyu Idi Hong, commended the Vice Chancellor for promptly identifying the projects that needed intervention, saying: “In view of this and starting immediately, we intend to be on ground to commence the project. We are hoping the other five universities can also quickly identify such projects with our team to fast-track the project initiation.

“It is our belief at the ASR-Africa Initiative that this support will go a long way in bridging the infrastructure deficit in education within Nigeria and other African Countries in our cohort,” Samad Rabiu added.

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