Africa’s leading food manufacturing company, BUA Foods Plc, has proposed a dividend of ₦28.00 per ordinary share, totaling approximately ₦504 billion for the 2025 financial year.

This significant proposal is subject to shareholders’ approval at the company's 5th Annual General Meeting, scheduled for 15 July at the Transcorp Hilton Hotel, Abuja. During the meeting, shareholders will also review the company’s audited financial statements for the year ended 31 December 2025, alongside other statutory and corporate governance matters.

For the 2025 financial year, BUA Foods reported a robust financial performance. Revenue increased by 16% over the previous year, reaching ₦1.77 trillion. The company also saw a substantial 95% growth in profit after tax, which climbed to ₦518.4 billion.

Total assets for the period increased by 27% to ₦1.39 trillion. This growth reflects the company’s continued investment in manufacturing capacity, capabilities, operational excellence, and long-term value creation.

Managing Director of BUA Foods Plc, Ayodele Abioye, commented on the upcoming AGM, stating it provides an opportunity to engage shareholders, review performance, and discuss future direction. He acknowledged a challenging operating environment but noted the company sustained strong performance through disciplined execution and a commitment to delivering quality food products.

Mr. Abioye attributed BUA Foods’ achievements to the support of customers, supply partners, its board, management, employees, and other stakeholders. He affirmed the company’s ongoing focus on creating sustainable long-term value through continuous investments in capacity expansion, aiming to strengthen food security for national development.

The food company reiterated its commitment to delivering sustainable returns, enhancing stakeholder confidence, and advancing its purpose of nourishing lives every day.