Nigerian Billionaire Abdul Samad Rabiu's Bua Foods Doubles Nine-month Profit To 283 Million

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nigerian billionaire abdul samad rabius bua foods doubles ninemonth profit to 283 million

BUA Foods Plc the Lagos-based food giant led by Nigerian billionaire Abdul Samad Rabiu, has posted another strong performance with profit for the first nine months of 2025 doubling to 283.5 million. The latest results underscore the companys dominance in Nigerias fast-moving consumer goods sector and its growing importance to the countrys manufacturing economy.

BUA Foods profit jumps as sales rise

According to its financial statement for the nine months ended Sept. 30, 2025 , BUA Foods profit rose sharply from N201.4 billion 140.4 million in the same period of 2024 to N405.2 billion 283.5 million, driven by higher sales volumes and the companys disciplined control of production and logistics costs in a year marked by inflation and supply chain pressures.

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