Shareholders of BUA Foods plc would be expected by the company’s board to approve dividend proposal of N28.00 per ordinary share, amounting to a total distribution of approximately N504 billion.
Africa’s leading food manufacturing company, BUA Foods Plc, will hold its 5th Annual General Meeting on Wednesday, July 15, 2026, at the Transcorp Hilton Hotel, Abuja, where shareholders will consider the Company’s Audited Financial Statements for the year ended December 31, 2025, alongside other statutory and governance matters.
The meeting comes on the heels of another landmark year for the Company, during which BUA Foods delivered strong financial performance, expanded operational efficiency and reinforced its position as one of Nigeria’s most valuable consumer goods companies.
For the financial year ended December 31, 2025, BUA Foods reported revenue of N1.77 trillion, representing a 16% increase over the previous year.
The Company also recorded a 95% growth in Profit After Tax to N518.4 billion, while total assets increased by 27%to N1.39 trillion, reflecting continued investment in manufacturing capacity and capabilities, operational excellence and long-term value creation.
The Board of Directors has proposed a dividend of ₦28.00 per ordinary share, amounting to a total distribution of approximately N504 billion, subject to shareholder approval at the Annual General Meeting.
Commenting ahead of the meeting, the Managing Director of BUA Foods Plc, Engr. Ayodele Abioye, PhD, said; “The 5th Annual General Meeting provides an important opportunity to engage with shareholders, reflect on another year of strong performance, and discuss the future direction of the business.
Despite a dynamic operating environment, BUA Foods continued to demonstrate resilience through disciplined execution and an unwavering commitment to delivering quality food products to millions of consumers.
This performance was made possible by the collective efforts and continued support of customers, supply partners, the Board of Directors, management, employees, and other key stakeholders.
Looking ahead, the focus remains on creating sustainable long-term value through continuous investments in capacity expansion, with capabilities that strengthen food security for national development.”
As BUA Foods continues its growth journey, the Company remains focused on delivering sustainable returns, strengthening stakeholder confidence and advancing its purpose of nourishing lives every day
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