Abdul Samad Isyaku Rabiu CFR CON GCON is a prominent Nigerian businessman and philanthropist.
He is the founder and chairman of BUA Group, a large conglomerate involved in manufacturing, infrastructure and agriculture.
BUA Group is one of Nigeria’s largest private companies and has a significant influence on the country’s economy.
Abdul Samad Isyaku Rabiu is reported to be the second richest man in Nigeria as of 2024, underscoring the success and significant growth achieved by BUA Group under his leadership.
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- Full name: Abdulsamad Rabiu
- Stage name: Abdulsamad Rabiu
- Date of birth: August 4, 1960
- Age: 64 years old
- Place of birth: Kano, Nigeria
- Nationality: Nigeria
- Occupation: Nigerian businessman and philanthropist
- Height: unknown
- Parent: Khalifah Isyaku Rabiu
- Siblings: Nafiu Rabiu and Rabiu Rabiu
- Spouse: Mrs. Rabbi
- Children: Khadija Cookie Rabiu, Isyaku Khalifa Rabiu, Junaid Rabiu and Rania Rabiu.
- Relationship: Married
- Net worth: $4.8 billion
early life and education
Abdulsamad Rabiu is a famous Nigerian businessman and philanthropist. Born on August 4, 1960 in Kano, Northern Region of British Nigeria (now Kano State, Nigeria).
Rabiu was born into a prominent industrialist family. His late father, Khalifah Isyaku Rabiu, was one of Nigeria’s most important industrialists in the 1970s and 1980s. Abdulsamad Rabiu has 42 brothers and sisters, including Nafiu Rabiu and IRS Airlines chairman Rabiu Rabiu.
Abdulsamad Rabiu received his early education at Federal Government College, Kano, before moving to Capital University, Columbus, Ohio, USA, where he studied Economics.
Rabiu, who is ethnic Hausa, was born and raised in Kano, a major city in northern Nigeria that is largely populated by Hausa people. He believes in Islam.
Profession
Abdulsamad Rabiu is a prominent Nigerian businessman and philanthropist with an impressive list of achievements over a career spanning more than three decades. He founded BUA International Limited in 1988 as a commodities trading company.
Over the years, BUA Group has been involved in manufacturing, infrastructure, agriculture and other fields, and has grown into a large enterprise group. In 1990, the BUA signed a lucrative contract with the government-owned Delta Steel Company to provide raw materials in exchange for finished products.
This gave the young company a huge boost. BUA later expanded into steel production, constructing several rolling mills in Nigeria. BUA subsequently acquired Nigeria Oil Mills Limited, the country’s largest edible oil processing company.
In 2005, the company opened two flour mills in Lagos and Kano. In 2008, BUA broke the eight-year monopoly of the Nigerian sugar industry by putting into operation the second largest sugar factory in sub-Saharan Africa.
In 2009, BUA acquired a controlling stake in a listed cement company in northern Nigeria and began construction of a US$900 million cement plant in Edo State, which was completed in early 2020.
In addition to his business career, Abdulsamad Rabiu is also known for his philanthropic activities with the BUA Foundation. These include several projects including the construction of a 7,000 square meter pediatric ward at the Aminu Kano Teaching Hospital and the Center for Islamic Studies at Bayero University, Kano.
Abdulsamad Rabiu’s remarkable journey showcases his entrepreneurial acumen, commitment to contribute to the development of various industries in Nigeria, and dedication to social welfare and community development through philanthropic initiatives .
social media
Abdulsamad Rabiu does not have any active social media accounts.
personal life
Abdulsamad Rabiu is a prominent Nigerian businessman and philanthropist. Although his wife’s name is not known to the public, he is married and can be called Mrs. Rabbi.
Abdulsamad Rabiu and his wife have four children: Khadija Cookie Rabiu, Isyaku Khalifa Rabiu, Junaid Rabiu and Rania Rabiu.
net worth
Abdulsamad Rabiu is a well-known Nigerian businessman and the chairman of BUA Group, a diversified conglomerate with businesses in manufacturing, infrastructure and agriculture.
Rabiu’s net worth is estimated at $4.8 billion as of August 16, 2024, cementing his status as one of the richest men in Nigeria. Under Rabiu’s leadership, BUA Group has grown to become a major player in various sectors of the Nigerian economy.
The group’s diversified portfolio includes businesses such as cement production, sugar refining, real estate and logistics.
