Business
Abdul Samad Rabiu Approves 50% Salary Increase For All BUA Group Staff From Feb
to cushion the effects of the widespread rise in the cost of living
All the staff of BUA Group, a major contributor to the nation’s economy will get a 50 percent increase in salary from February according to emerging details.
The increase approved by Chairman Abdul Samad Rabiu is to cushion the effects of the widespread rise in the cost of living afflicting the country for the workers.
SocietyNow.Ng learned that an internal memo signed by BUA’s head of human resources, Mohammed Wali intimated staff of the development.
Information monitored by SocietyNow.Ng on the News Agency of Nigeria (NAN) revealed that the internal memo reads in part…
“… the human resources and finance departments are processing the increase to ensure that it is captured in the February 2024 payroll.
“It is hoped that with this magnanimous gesture, we will be more committed to our duties and put in our very best to justify the confidence reposed in us,”
The report affirmed that all permanent/regular and non-permanent staff are captured in the increase.
Headquartered in Lagos, BUA Group is one of Africa’s largest conglomerates with business interests spanning critical sectors that include Cement Manufacturing, Sugar plantation and refineries, oil and gas, flour and pasta, port operations, Real estate, Rice & Logistics.
The Chairman Abdul Samad Rabiu is regarded as towering above others in his touching life gestures with ASR Africa (Abdul Samad Rabiu Initiative) one of his most pronounced vehicles of high-impact philanthropy across Africa.
