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The College of Maiduguri, (UNIMAID), Borno State, has conferred an honourary doctorate diploma on the Chairman of the BUA group, Samad Rabiu.
That is as Mr Rabiu’s basis, the Abdul Samad Rabiu Africa Initiative (ASR Africa), donated a N1 billion Worldwide Centre for Innovation and Entrepreneurship constructing to the college.
The college additionally conferred honourary doctorate levels on the Vice President, Kashim Shettima; Shehu of Borno, Abubakar Umar; and the previous Registrar of the college, Dahiru Bobbo.
The college vice, Aliyu Shugaba, a professor, had stated in preparation for the college’s twenty fourth mixed convocation that was held on Friday, that the awards had been for his or her outstanding contributions to the college and society.
‘N1 Billion Entrepreneurship Centre’
Mr Rabiu stated the development of the N1 billion Worldwide Centre for Innovation and Entrepreneurship for the college by his basis, ASR Africa, stemmed from his deep perception within the transformative energy of training and entrepreneurship.
Mr Rabiu stated, in his speech, that his imaginative and prescient for the centre is an modern hub of concepts, creativity, and sensible entrepreneurship, emphasising that the centre’s function is greater than only a bodily construction.
“In a world the place economies are quickly evolving and Nigeria strides in direction of renewed hope, centres like this are important for growth. They’re the platforms for nurturing our future leaders, innovators, and entrepreneurs. We should not simply study; we should act,” he stated.
The centre contains administrative places of work, dynamic workstations, artistic conceptual hubs, a welcoming cafeteria, an intensive library, and an exhibition corridor. It additionally boasts a 150-seater corridor, designed for high-profile displays and tutorial conferences, additional enhancing the College of Maiduguri’s Middle for Entrepreneurship and Enterprise Improvement complicated.
About Mr Rabiu
Mr Rabiu, the 4th richest man in Africa, based the BUA group in 1988. He was a former Chairman of Tropical Continental Financial institution from 1993 to 2000, and a former Chairman of Nigeria’s Financial institution of Business.
The BUA Group Chairman studied Economics at Capital College, Columbus, Ohio, United States of America (USA).
He holds Nigeria’s Nationwide Honors of Commander of the Federal Republic (CFR) and Commander of The Order of The Niger (CON).
READ ALSO: BUA Cement set to fee new vegetation, scale back costs
He’s a recipient of many awards together with the 2016 African Industrialist of the Yr Award by the All-Africa Enterprise Leaders Awards. He’s the inaugural and present President of France-Nigeria Enterprise Council.
In January 2020, Mr Rabiu merged his privately owned Obu Cement Firm with the publicly listed Cement Firm of Northern Nigeria, the place he already held a controlling stake in a $13.3 billion transaction. The resultant firm from the merger, BUA Cement Plc, was the third largest firm on the Nigerian Inventory Trade by market capitalisation upon itemizing.
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