food security Nigeria Archives

Abdulsamad Rabiu speaking during the BUA Foods Annual General Meeting after shareholders approved a record $363 million dividend payout.

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Africa’s Third Richest Billionaire Secures Record $363 Million BUA Foods

BUA Foods, the Nigerian food manufacturing giant led by billionaire Abdulsamad Rabiu, has approved a record dividend payout of N504 billion ($363 million) following a strong financial performance in 2025. The approval was granted during the company’s fifth Annual General…

Published by ttybrandafrica
July 18, 2026

Lagos Targets N16.14 Trillion Food Economy With Mega Agriculture Infrastructure Push

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Lagos Unveils Massive N16.14tn Food Economy Plan To Become Africa’s Food Hub

Lagos State has intensified its ambition to become Africa’s leading food systems powerhouse after unveiling a sweeping infrastructure and agriculture transformation plan targeting a N16.14 trillion food economy. At the 2026 ministerial press briefing held on Friday, the Commissioner for…