AgricultureBrands & People

Abdul Samad Rabiu’s BUA Foods posts $167.8 million in profit in 2021

BUA Foods Plc, a newly consolidated food conglomerate led by Nigerian billionaire businessman Abdul Samad Rabiu, reported a profit of N69.76 billion ($167.84 million) at the end of its 2021 fiscal year thanks to a double-digit percentage increase in revenue. BUA Foods’ profit increased by 97.05 percent from N35.41 billion ($85.2 million) in 2020 to N69.76 billion ($167.84 million) in 2021…
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