Abdussamad Rabiu Lagos-based business tycoon Abdulsamad Rabiu is a - TopicsExpress

Abdussamad Rabiu Lagos-based business tycoon Abdulsamad Rabiu is a son of Khalifa Isiyaku Rabiu, one of Nigeria’s most successful businessmen in the 1970s. Little wonder therefore that he followed in his father’s footsteps in business with interest in importing basic commodities such as rice, sugar and cement in the 1980s. Abdussamad heads the BUA Group, a conglomerate with $1.9 billion in revenues and interests in sugar refining, vegetable oil processing and flour mills. The BUA Group also operates the BUA Cement, Nigeria’s first floating cement terminal, as well as Nigerian Oil Mill which processes edible oil. According to Forbes magazine report, he is the 21st richest African and is worth $ 675 million.

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