ASR Africa commits USD100million to social development interventions in Africa
Abdul Samad Rabiu, Chairman/Founder, BUA Group, a leading Foods & Infrastructure Conglomerate in Nigeria, has announced the launch of the Abdul Samad Rabiu Africa Initiative (ASR Africa) as well as a yearly USD100million Africa Fund for Social Development intervention in Africa. The interventions, billed to start this year, will cover education, health and social development.
This development was made known in a statement signed by O’Tega Ogra, Group Head, Brand and Corporate Communications.
The ASR Africa Initiative also announced grants of 1billion naira each to 6 Nigerian Universities across Nigeria’s geopolitical zones. These grants will go towards the initiation and upgrading of infrastructure, where applicable.
According to Ogra, the benefiting universities in this first phase are, Ahmadu Bello University, Universities of Maiduguri, University of Nigeria, University of Benin, University of Ilorin and University of Ibadan.
Explaining the reason for the launch of the initiative, Abdul Samad Rabiu said, “They say life begins at 50: what they never told you is that a pandemic can change your life at 60.” In that year 2020, when I turned 60, at least two million others turned into memories, taken by this deadly virus. I watched millions become numbers in a global death toll, and ancestors in the world beyond. The same pandemic that forced us humans to slow down, now forces our humanness to square up.”
Apart from this new initiative, BUA Foundation has been involved in interventions in various sectors like health, education, community development and water/sanitation. BUA was also of the biggest corporate contributors to the Private Sector Coalition Against COVID-19, CACOVID initiative.
RECOMMENDED ARTICLES
Comment
No comments found.