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NGX chairman says BUA Group’s success rooted in people, not just resources

Umaru Kwairanga, the chairman of the Nigerian Exchange Group (NGX Group), has commended BUA Group’s leadership, saying its success is rooted in its people, not just resources.

Kwairanga spoke at the BUA Group Long Service Awards and Night of Excellence, where employees with decades of service were honoured for their loyalty and dedication.

On Sunday, BUA Group said it had disbursed N30 billion to 510 employees at its 2025 Night of Excellence and Long Service Awards.

In a statement following the event, the NGX chairman noted that the ceremony was a powerful reminder that enduring institutions are built by individuals whose daily commitment, often unseen, steadily shapes corporate identity and long-term success.

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Kwairanga commended Abdul Samad Rabiu, BUA Group’s chairman, describing him as a visionary leader whose passion for industrial development has driven economic empowerment and national progress.

He said Rabiu provided the vision and strategic leadership, while the collective effort of staff across all levels executed the vision, transforming BUA Group into a multi-trillion-naira conglomerate.

“In a world that is constantly changing, where loyalties shift and priorities evolve, the dedication of the individuals we honour is nothing short of extraordinary,” Kwairanga said.

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“Your years of service are not mere numbers. They represent seasons of growth, moments of challenge, sacrifices made, and victories earned.

“You are living proof that great institutions are built day by day, decision by decision, and person by person.

“To the leadership of BUA Group, I commend you. This culture of honouring your people is not only commendable, it is strategic.”

Kwairanga encouraged the award winners to see the recognition as motivation to contribute more to BUA Group and Nigeria, while reaffirming NGX’s commitment to supporting the company’s growth.

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