airwavesreport airwavesreport
26 Sep 2026
  • Home
  • Business
    • Corporate Personalty
  • Sports
  • Society
    • Events
    • High Profile
  • Entertainment
    • Celebrity
  • Politics
  • News
  • International
  • About Us
airwavesreport airwavesreport
  • Home
  • Business
    • Corporate Personalty
  • Sports
  • Society
    • Events
    • High Profile
  • Entertainment
    • Celebrity
  • Politics
  • News
  • International
  • About Us
Stay Connected

© 2026 AirwavesReport, Alright Reserved.

Home/Business/“Alaanu Mèkúnù” AbdulSamad Rabiu Relaunches BUA-Branded Rice Into Nigerian Markets
Business

“Alaanu Mèkúnù” AbdulSamad Rabiu Relaunches BUA-Branded Rice Into Nigerian Markets

Billionaire industrialist and Chairman of BUA Group, AbdulSamad Rabiu, popularly hailed by many Nigerians as “Alaanu Mèkúnù” (the benefactor of the poor), has officially relaunched...

Airwaves Report
June 23, 2026 2 Min Read
485 0

Billionaire industrialist and Chairman of BUA Group, AbdulSamad Rabiu, popularly hailed by many Nigerians as “Alaanu Mèkúnù” (the benefactor of the poor), has officially relaunched BUA-branded rice into the Nigerian retail market across Nigeria, a move that has been widely welcomed by consumers amid persistent concerns over rising food prices and food security.

The return of BUA Rice to grocery shelves comes as millions of Nigerians grapple with inflation and the soaring cost of staple foods. Many consumers have hailed Rabiu’s intervention, affectionately referring to him as “Alaanu Mèkúnù”, a Yoruba expression meaning “the benefactor of the poor” – in recognition of his efforts to make rice more affordable and improve access to essential food items.

The relaunch is backed by a significant expansion of the company’s rice production capacity. Through its food subsidiary, BUA Foods Plc, the group has commissioned a new one-million-tonne-per-annum parboiling plant alongside its existing 200,000-tonne rice mill in Kano State.

The development is expected to substantially increase domestic rice processing capacity and reduce reliance on imported varieties, strengthening Nigeria’s food security agenda.

In a move that also signals generational succession within the conglomerate, Rabiu has appointed his son, Isyaku Khalifa Rabiu, as Chief Officer of Global Procurement and Strategic Operations, placing him in direct charge of the rice business’s operational rollout.

BUA’s strategy is heavily anchored on backward integration and local sourcing. The company is implementing an aggressive out-grower programme aimed at supporting more than 100,000 smallholder rice farmers across Kano and Jigawa State. Under the arrangement, BUA purchases paddy directly from participating farmers, creating a stable market for local producers while ensuring a reliable domestic supply chain for its milling operations.

Industry analysts say the reintroduction of BUA Rice could intensify competition in Nigeria’s rice market, challenge the dominance of imported brands and contribute to price stability at a time when food affordability remains a pressing national concern.

With expanded processing capacity, strengthened local partnerships and renewed market presence, BUA’s latest initiative is being viewed as one of the most significant private-sector interventions in Nigeria’s food value chain in recent years.

Tags:

Abdulsamad RabiuBUA Grouprice

Share Article

Airwaves Report

Previous Post

Tension Rises Among FirstBank Shareholders Amid Leadership Concerns, As MD Olusegun Alebiosu Reportedly Receives ‘Death Threat’ From Unknown Sender

Next Post

World Drug Day 2026: Alimosho LG Chairman, Hon. Akinpelu, Condemns Drug Abuse, Warns Against Its Devastating Impact

Categories
Business Business
Economics Economics
Politics Politics
World World
Celebrity Celebrity
Advertisement
Recent Posts
2027: Adeola vows to capture Ogun share of corporate taxes lost to Lagos
By Franklin Michael
Nigeria vs Russia: ‘Osimhen’s absence huge blow’ – Kaita predicts scoreline of friendly match
By Franklin Michael
AFCON 2027 qualifier: Super Eagles fight back to defeat Madagascar
By Franklin Michael

You Might Also Like

Business

October 1: PromiseLand’s ProTaxi brings ‘Freedom on the Road’ as global energy costs reshape transportation

No Comment
17 Views
Business

Remita launches super Mobile App to bring banking, payments, money management into one place

No Comment
17 Views
Business

Dangote Refinery boosts petrol supply to 35.9m litres daily as fuel imports drop 26%

No Comment
28 Views
Business

Turning back on refinery not option, $10bn fuel subsidy loot in Nigeria had to stop – Dangote

No Comment
62 Views
airwavesreport airwavesreport

AirwavesReport.com is a digital news platform developed exclusively for Nigerians to report the news as it happens.

Services

  • About Us
  • Advertise
  • Privacy Policy
  • Submit a Tip

Categories

  • Business
  • Sports
  • Society
  • Entertainment
  • Politics

Contact Us

Call :

+1 377-586-3230

E-mail :

mail.airwavesreport@
gmail.com

Follow Us

  • Home
  • Contact
  • Complaint

© 2026 AirwavesReport, Alright Reserved.