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This comes after the company approved its highest-ever dividend payout for the 2025 financial year, more than double what was distributed the previous year. In total, BUA Foods will pay out ₦504 billion ($364 million) to its shareholders.
Khalifa Rabiu owns 473.6 million shares, representing a 2.63% stake in the company. Meanwhile, his father, Abdul Samad Rabiu, who holds a dominant 92.64% stake, is expected to receive about ₦467 billion ($337.3 million) from the payout.
This kind news just dey remind person say this life no balance at all 💔
Abdul Samad Rabiu and his son Khalifa Rabiu dey receive billions like say na normal allowance, while millions of Nigerians dey hustle day and night just to survive 😔
₦13.2 billion… for one person… as dividend alone. Not salary, not contract just return on ownership. It really hits deep.
No be hate or envy, but it just shows the wide gap between those who have access and those who don’t. Some people were born into opportunities others may never even see in a lifetime.
It makes you think… is it just hard work, or is positioning everything?
SB E-news.
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