Abdul Samad Rabiu’s BUA to build gas power plant for LNG project

Key Points

• BUA Group partners with India’s Green Power to build 20MW gas-powered plant supporting its LNG operations and boosting energy self-sufficiency.
• The deal, signed in Dubai, aligns with BUA’s strategy to reduce energy dependence and strengthen local industrial infrastructure.
• Led by billionaire Abdul Samad Rabiu, BUA continues major investments across cement, packaging, and palm oil to fuel Africa’s industrial growth.

BUA Group, one of Africa’s leading industrial conglomerates owned by Nigerian billionaire Abdul Samad Rabiu, has entered into an agreement with India-based Green Power International PVT Limited to build a 20-megawatt gas-powered plant.

BUA taps Green Power for LNG project

The signing took place at BUA Group’s Middle East office in Dubai, with Rabiu and Ashu Jain, Executive Director of Green Power International, formalizing the deal. The new power plant is expected to support BUA’s Liquefied Natural Gas (LNG) project, providing a dedicated energy source and improving the group’s energy efficiency.

Green Power International, known for building power generation systems using gas and liquid fuels, will handle construction under a strategic partnership. For BUA, the investment strengthens its broader plan to shore up infrastructure and reduce dependence on unreliable external energy sources across its operations.

BUA Group grows industrial operations

Founded by Abdul Samad Rabiu in 1988, BUA Group has grown into one of Africa’s most prominent names in manufacturing, food processing, mining, and infrastructure. From its base in Lagos, the company has earned a solid reputation for championing industrial growth and bringing practical solutions to some of the continent’s biggest challenges.

Over the years, Rabiu has led BUA’s expansion into cement production, quarrying, construction, and agribusiness. His approach has been clear and steady: reduce Africa’s reliance on imports by strengthening local industries and investing in areas that create lasting value.

BUA builds with people in mind

One of the group’s latest initiatives is a partnership with the Food & Water Division of Swedish firm Alfa Laval to set up a modern palm oil refinery in Nigeria. Designed to process up to 1,000 tons of crude palm oil per day, the new refinery and fractionation plant is expected to boost local production and cut the country’s reliance on imported palm oil.

But the project goes beyond improving domestic output. It’s also aimed at promoting sustainability in agriculture and manufacturing—while creating jobs, supporting smallholder farmers, and expanding opportunities across the value chain.

This is just the latest in a string of bold investments. In December 2024, BUA commissioned a 2,400-ton-per-day Plaster of Paris and plasterboard plant in Port Harcourt, further strengthening Nigeria’s manufacturing base.

Around the same time, BUA joined forces with Austria’s Starlinger & Co. to build a state-of-the-art packaging facility. Once completed, the plant will produce up to 600 million polypropylene bags each year—a move that supports BUA’s supply chain and helps meet the growing needs of its various manufacturing businesses.

Abdul Samad Rabiu drives industrial growth

With a net worth of $4.7 billion, Abdul Samad Rabiu remains a central figure in Nigeria’s industrial story. Through BUA Group, he continues to bet big on local production, regional partnerships, and long-term infrastructure development—key steps in shaping a more self-sufficient African economy.