Abdul Samad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate.
In December 2018, Rabiu merged his privately-owned Kalambaina Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled.
His BUA Group also owns Obu Cement, which expanded its production with a new line in 2018.
Rabiu, the son of a businessman, inherited land from his father.
Abdulsamad Rabiu set up his own business in 1988 importing iron, steel and chemicals.
REAL TIME NET WORTH
$8.9B (as of 11/22/19)