BUA Foods Posts N1.77trn Revenue, Raises Dividend By 115%

BUA Foods Plc has reported a revenue of N1.77 trillion for the financial year ended December 31, 2025, representing a 16 per cent increase from N1.53 trillion recorded in 2024.

The company’s audited results also showed a profit after tax of N518.4 billion, up 95 per cent year-on-year, while total assets rose by 27 per cent to N1.39 trillion.

In a move to reward shareholders, the board proposed a dividend of N28 per share, marking a 115 per cent increase from N13 per share paid in the previous year. The proposed payout amounts to N504 billion, subject to shareholders’ approval at the company’s 2026 Annual General Meeting.

The growth in revenue was driven by sustained demand across BUA Foods’ product lines, including sugar, flour, pasta and rice, alongside ongoing market expansion and scale-up strategies.

Chairman of the company, Abdul Samad Rabiu, said the 2025 performance reflects the strength of its growth strategy and resilience in a challenging operating environment, adding that the higher dividend underscores its commitment to delivering value to shareholders.

Also commenting, managing director, Ayodele Musibau Abioye, said the company remains focused on expanding capacity, deepening market penetration and strengthening its supply chain to sustain growth.

BUA Foods maintained that its strong financial position was supported by continued investment across its operations and value chain, as well as improved operational efficiency and cost management.

The company said it remains well-positioned to sustain its growth trajectory and contribute to food security and economic development in Nigeria and across West Africa.