 | |
| Description: Abdulsamad Rabiu, $1.2 billion Nigerian, Cement, Sugar Nigeria’s newest billionaire is 54 year-old Abdulsamad Rabiu, the founder of BUA Group, a Nigerian conglomerate with interests in sugar refining, cement production, real estate, steel, port concessions, manufacturing, oil gas and shipping. BUA Group’s annual revenues are estimated at over $2 billion. Abdulsamad got his start in business working for his father, Isyaku Rabiu, a successful businessman from Nigeria’s Northern region. He struck out on his own in 1988, importing rice, sugar, edible oils as well as steel and iron rods. |
| Comments |
