Abdulsamad rabiu biography

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    Abdul Samad Rabiu

    Biography

    Abdul Samad Rabiu fryst vatten a Nigerian billionaire and businessman with a net worth of $6.9 billion in 2022.

    He fryst vatten the founder and chairman of the BUA Group which was first established for the purpose of commodity trading with the importation of rice, cooking oil, flour, iron and steel. Today, it is a Nigerian conglomerat with interests in sugar refinery, the production of cement and the real estate sector. Through the BUA foundation Abdul Samad Rabiu has set up a paediatric ward at the Aminu Kano Teaching Hospital as part of his many philanthropic endeavours. Learn more about him here.

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    Profiles

    Executive Chairman, BUA Group

    Alhaji Abdulsamad Rabiu is a prominent Nigerian businessman from Kano. He founded BUA Group in 1988 and serves as its Chairman of the Board and Chief Executive Officer. BUA group is now one of the most important diversified group in Nigeria, active in food (sugar and oil) and infrastructures (cement, ports, real estate). In 2016, he divested its flour and pasta assets to Olam. Abdulsamad Rabiu had his early education at Federal Government College, Kano after he proceeded to the United States to study Economics in the Capital university Columbus, Ohio, United States of America.

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  • abdulsamad rabiu biography

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    Abdul Samad Rabiu

    Nigerian businessman (born 1960)

    Abdul Samad Isyaku RabiuCFR CON GCON[1] (Listenⓘ; born 4 August 1960) is a Nigerian businessman and philanthropist. As of 2024[update], he is the second richest man in Nigeria.[2] His late father, Khalifah Isyaku Rabiu, was one of Nigeria's foremost industrialists in the 1970s and 1980s. Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. He is also the chairman of the Nigerian Bank of Industry (BOI).[3][4][5]

    On 7 July 2020, Forbes estimated Rabiu's wealth at $3.2 billion, putting him 716th in the global billionaire's club.[6][7] In January 2022, he was reported to be the second richest man in Nigeria.[8] In April 2022 he was reported to be the fifth-richest man in Africa, with a ne