BUA boss emerges 3rd Richest Man in Africa

This is good news for Nigeria. Versatile businessman of repute, Abdulsamad Rabiu will forever remain in the annals of history for good reasons. The BUA boss is ever inching towards greater heights and has remained very consequential in the scheme of things. Abdulsamad Rabiu, one of Nigeria’s most successful businessmen, is the founder of BUA Group, a Nigerian conglomerate that has interests in sugar refining, real estate, edible oils, logistics and port operations. Rabiu, one of Nigeria’s largest private property owners, also owns homes in South Africa, the United Kingdom and the United States. Despite the shield and myth that money has created around him, Samad is reportedly a downto- earth family man. The billionaire businessman is right now in a gay mood, as he just officially gained a $650 Million bonus, after his cement firm merger. According to Forbes, Nigerian cement and sugar tycoon, Abdulsamad Rabiu, has become at least $650 million richer after merging Kalambaina Cement, a subsidiary company of his BUA Cement, with publiclytraded Cement Company of Nigeria (CCNN), where he was the controlling shareholder. Abdulsamad is the third richest Nigerian on the list. The American magazine said Adenuga’s net worth dramatically increased from $5.3bn to $9.2bn because he provided more detailed information about his assets. With Aliko Dangote leading the trail followed by Mike Adenuga, Abdulsamad Rabiu is the rave of the moment.