Abdul Samad Rabiu Boosts Arewa Consultative Forum Endowment Fund With N2.5bn Donation

BUA Group Chairman, Abdul Samad Rabiu, has announced a donation of N2.5 billion in support of the Arewa Consultative Forum Endowment Fund.

The wealthy businessman, reputed for philanthropic efforts through Abdul Samad Rabiu Initiative (ASR Africa) and providing jobs for thousands of Nigerians through his multiple investments in strategic sectors of the nation’s economy, made the donation at the launch of the all-important Endowment Fund on Saturday, November 22, 2025, in Kaduna.

Commenting on the development via his official Facebook handle, the founder of ASR Africa, who served as the chief Launcher at the event, said: “Together with my brother Aliko Dangote, we agreed to contribute ₦2.5bn each – ₦5bn total – giving back to our people and supporting the growth, empowerment, and future of our communities.”

Leave a Reply

Your email address will not be published. Required fields are marked *

− 3 = 5
Powered by MathCaptcha

You May Also Like

Sterling Bank To Showcase The Best Of Business & Food At 2023 Fair

Last year, Sterling Bank blazed the trail when it hosted the first international fair

UBA Foundation Announces Commencement Of 2024 National Essay Competition

The essay topic for the call for entries is “Discuss the Impact of Carbon Emission on Climate in Nigeria: Challenges and Solutions”

Polaris Bank Announces Take Over By New Investor

The new Board will be led by the existing Chairman M K Ahmad

4 Ways Tech Enthusiasts Can Acquire Needed Skills In 2024

The growing interest in the tech industry has prompted enthusiasts to look for the best methods