ASR Africa, BUA Foundation approves N1.5bn grant to facilitate projects in Ogun communities
By Business AM
The Abdul Samad Rabiu Africa Initiative (ASR Africa), the brainchild of industrialist, philanthropist and founder of the BUA Group, Abdul Samad Rabiu and the BUA Foundation have awarded development grants worth N1.5 billion to Yewa Land in Ogun State comprising Ilaro, Igbogila, Ibeshe, Egua, and Igonade communities for key community, social, and infrastructural development projects.
This was announced at the grant presentation and mutual accountability framework signing ceremonies held yesterday, in Ilaro, Ibese, and Igbogila.
The grants, according to a statement, would be channeled towards interventions in the areas of health, education, or social development initiatives that are identified for implementation.
The Abdul Samad Rabiu Africa Initiative (ASR Africa), the brainchild of industrialist, and founder of the BUA Group, Abdul Samad Rabiu, and the BUA Foundation have awarded development grants worth N1.5 billion to Yewa land in Ogun state.
The grants, according to a statement issued by ASR Africa, are for communities comprising Ilaro, Igbogila, Ibeshe, Egua, and Igonade, for key community, social and infrastructural development projects. The statement also disclosed that the grants will be channeled towards interventions in the areas of health, education, or social development initiatives that are identified for implementation.
The project was announced at the grant presentation and mutual accountability framework signing ceremonies held recently in Ilaro, Ibese, and Igbogila.
Presenting the grants award letter to Kehinde Olugbenle, the Olu of Ilaro and paramount ruler of Yewaland in Ogun state,Ubon Udoh, managing director, ASR Africa, assured of more partnership with the people of Yewaland. He also maintained that the vision of Abdul Samad Rabiu, founder of ASR Africa and Chairman of BUA is to provide concrete solutions for sustainable development in Nigeria, and Africa.
“What ASR Africa and BUA Foundation are doing here today is planting a seed of sustainable problem-solving across Africa in line with the vision of Abdul Samad Rabiu, our founder – and Chairman of BUA.
“The first grant of N1 billion goes to all communities in Yewaland for developmental purposes to uplift the quality of life of the Yewa people, while ASR Africa and BUA Foundation are also giving additional specific grants of N250 million each to Igbogila and Ibese Communities for already identified infrastructure projects to enhance community development through their traditional institutions,” Udoh said.
The managing director also stated that the ASR initiative has done its basic needs assessment in collaboration with the communities on their needs, and is looking forward to the commencement of the identified projects and a more robust partnership with Yewaland, as it has done in other parts of the country.
In his response, Kehinde Olugbenle,the paramount ruler of Yewaland, commended Abdul Samad Rabiu for his philanthropic gestures across the country and noted that indeed he is a true Nigerian.
The monarch added that with the grants, Yewaland and Yewa people will witness rapid social and infrastructural development.
“We are one of the largest sub-ethnic groups in Yorubaland and these grants will go a long way in bringing sustainable development in line with the United Nations SDGs, to our people,” he said.