CEO to list BUA Cement on the Nigerian Stock Exchange

The founder of BUA Group, Abdulsamad Rabiu, has announced plans to list the cement sector of the company on the Nigerian Stock Exchange (NSE).

Abdulsamad Rabiu, recently nominated for African CEO of the year, stated that he would list BUA Cement on the NSE as soon as it meets the necessary requirements, according to an interview on Channels Television. 

"We are definitely going to list the cement business because I think we should also give others the opportunity to participate in the business. If you have such a big business and it is doing very well, you should give others the opportunity to be part of it. That way, you can unlock some of the capital you have invested in the business and do other things," said Mr Rabiu.