Business A.M
No Result
View All Result
Saturday, October 17, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home COVID-19 Watch

BUA continues Nigeria COVID-19 intervention with donations to Akwa Ibom, Abia

by Admin
July 29, 2025
in COVID-19 Watch

.8 ambulances, facemasks given out

Akwa Ibom and Abia States have become the recent beneficiaries of the ongoing efforts by BUA Group to support the fight against the spread of the coronavirus pandemic (also known as COVID-19) in the country.

At separate presentation ceremonies in the respective capitals of both states, the group presented eight ambulances, five to Akwa Ibom State and three to Abia State, through their respective governors.


R-L: Aliyu Idi Hong, director, government relations, BUA Group; Emmanuel
Ekuwem, secretary to Akwa Ibom State Government; Governor Udom Emmanuel
of Akwa Ibom State; and O’tega Ogra, group head, corporate
communications, during the donation of five ambulances and 100,000
reusable face masks by BUA Group to help fight against the COVID-19
pandemic in Akwa Ibom State at Government House, Uyo

Akwa Ibom State got in addition 100,000 reusable cotton made face masks.
BUA representatives who made the presentations commended Governor Udom Emmanuel in Uyo and Governor Okezie Ikpeazu in Umuahia for their efforts in tackling the pandemic and noted that the donations are in line with BUA’s promise to support Nigerians in fighting the pandemic.

Aliyu Idi Hong, BUA’s director of government relations, and Ibrahim Lile, general manager, BUA Ports and Terminals, who represented Abdul Samad Rabiu, the group’s executive chairman and chief executive officer in the states respectively, commended the governors for their passion and creativity in the fight against COVID-19.

Governor Udom Emmanuel in Uyo said the donation was critical to the COVID-19 campaign in the state and thanked BUA and Abdul Samad Rabiu for the gesture, which he said will strengthen the state’s rapid response to the pandemic.

Governor Emmanuel said the gesture was a clear demonstration of the readiness and interest of Rabiu to join his administration in the development of the state. He restated his administration’s total commitment to fighting coronavirus in the state even as school resumes for exit exams.

He promised to deploy the ambulances to the different local government areas of the state in line with his administration’s policy of ensuring that every part of the state is well equipped for eventual medical emergencies.

“I have to personally be here to receive these because there are a lot of corporate organisations in Nigeria and Africa who have not shown this kind of love to us. To us as a people, this is a clear demonstration of love and we don’t take things like this for granted. And I want to thank BUA for their kind words and appreciation of what we have done so far,” the governor said.
Governor Emmanuel described the BUA contribution as a clear demonstration of its corporate social responsibility to the entire people, adding that it also expresses the sentiment of love for the company and the citizens.

He said the government will move the face masks donated to schools to be shared to students of SS3 and JSS3 classes that have resumed.

Also, in Umuahia, Governor Ikpeazu thanked BUA and the executive chairman, Rabiu, for its show of empathy, love and care for the average Nigerian since the outbreak of the pandemic and described the donation as timely.


Ibrahim Lile (right), general manager, BUA Ports and Terminals,
representing BUA Group; Governor Okezie Ikpeazu of Abia State (middle);
and other top government officials during the donation of three
ambulances to help fight against the COVID-19 pandemic in the state at
the Government House, Umuahia.

Ikpeazu assured that the vehicles would be put to good use in reaching the hinterlands, disclosing that the state has started community testing in all the local government areas in the state with a view to covering at least 30 percent of the population.

“I want to publicly declare that BUA has shown empathy, they have shown how much love and care they have for the average Nigerians. My promise is that these ambulances will be put to good use to reach the hinterland and local government. The ambulances will help us drive our agenda and goal,” the governor said.

Admin
Admin
Previous Post

Investors gain N2bn on Nigeria bourse as equities market records marginal gain

Next Post

COVID-19 pressures cost Volkswagen, Ford, Toyota, GM, Daimler $63bn market cap in 8 months

Next Post

COVID-19 pressures cost Volkswagen, Ford, Toyota, GM, Daimler $63bn market cap in 8 months

  • Trending
  • Comments
  • Latest

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025
MMA2 enters new commercial era after 20-year concession dispute

MMA2 enters new commercial era after 20-year concession dispute

August 28, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Rivers, China's CNCECC sign deal for $3.5bn methanol, fertiliser plant

Rivers, China’s CNCECC sign deal for $3.5bn methanol, fertiliser plant

October 17, 2026
Methane rules spread across 67% of global production as Nigeria faces compliance test 

Methane rules spread across 67% of global production as Nigeria faces compliance test 

October 17, 2026
Onafriq, a pan-African payments company, is set to discontinue its Baxi agent banking business in Nigeria after five years, citing naira depreciation, rising operating costs and intensifying competition that have weakened the segment’s profitability. The planned shutdown will affect the agent banking operations conducted through Baxi under Onafriq Nigeria Payments Limited. However, the decision does not signal the company’s withdrawal from Nigeria, as it intends to retain its cross-border payments network and card issuing services in the country. In a statement, Onafriq said changes in Nigeria’s operating environment since 2024 had significantly altered the economics of its offline agent banking business, making the existing model unsustainable. The move marks a strategic shift for the company, which entered Nigeria’s agent banking market to expand access to financial services through a network of agents providing transaction services outside traditional bank branches. Onafriq attributed the decision to a combination of macroeconomic pressures and structural changes in the country’s payments industry. According to the company, naira depreciation and inflation have affected transaction volumes, increased operating expenses and undermined the sustainability of its agent banking operations. The growing adoption of instant account-to-account transfers has also changed the mix of transactions handled by agents, while heightened competition among payment service providers has put further pressure on margins. These developments have made it increasingly difficult for the business to remain viable under its existing operating structure, prompting the company to reassess its long-term strategy. Dare Okoudjou, founder and chief executive officer of Onafriq, said the decision to close the business was difficult, particularly given the efforts of employees, agents and business partners who helped build the Baxi network. “We entered Nigeria with conviction and commitment, but did not achieve the outcome we set out for. Closing this business was a difficult decision to arrive at, one that affects colleagues, agents, and business partners across Nigeria who poured their hearts and soul into building out the Baxi network,” Okoudjou said. Despite the closure, he reaffirmed the company’s commitment to the Nigerian market, noting that the group would continue to serve customers through its payments network and card issuing operations. Onafriq entered Nigeria’s agent banking market in 2021 through the acquisition of Baxi, also known as Capricorn Digital Limited. The company said it continued investing in the business through 2023, with efforts focused on expanding and strengthening its agent network. However, a subsequent review of the business’s long-term prospects and financial sustainability led to the decision to wind down the operation. As part of the transition, Onafriq said agents onboarded through the Baxi platform had been moved to another principal bank, a step intended to facilitate continuity for the affected agents. The company has also directed agents to transfer their funds to their preferred principal bank within 30 days, adding that its teams would provide support throughout the transition process. Employees whose roles are linked to the agent banking business will also be consulted and supported during the wind-down, with Onafriq pledging to treat affected workers fairly.

Onafriq winds down Baxi as Nigeria’s agent banking economics worsen

October 17, 2026
LCFE links petroleum trading to capital market in pricing transparency drive

LCFE links petroleum trading to capital market in pricing transparency drive

October 17, 2026

Popular News

  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • MMA2 enters new commercial era after 20-year concession dispute

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Rivers, China's CNCECC sign deal for $3.5bn methanol, fertiliser plant

Rivers, China’s CNCECC sign deal for $3.5bn methanol, fertiliser plant

October 17, 2026
Methane rules spread across 67% of global production as Nigeria faces compliance test 

Methane rules spread across 67% of global production as Nigeria faces compliance test 

October 17, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M