TheInfoNG - Your Tablet for Entertainment, News, Gossips & Trends..

The richest people in Nigeria & their worth – See who is number 1 (+Photos)

9. Abdulsalam Rabiu

abdulsamad-rabiu_416x416-theinfong.com

Net Worth: $700 Million

Rank In Nigeria: #9

Rank in Africa: #33 (#23 in 2013)

Abdulsamad Rabiu runs BUA Group, a conglomerate active in flour milling, pasta manufacturing, ports and terminals management and sugar refining.

The group stopped operations at its BUA Cement unit, a cement trading business, after the Nigerian government banned imports of bulk cement in 2013.

BUA Group operates two cement plants in Nigeria and reportedly spent $500 million for a new cement plant in Nigeria’s Edo State that is expected to open in early 2015.

Rabiu, the son of a businessman, set up his own business in 1988, importing rice, sugar and edible oils as well as iron and steel rods.

RELATED STORIES

TRENDING

1 of 5

LATEST UPDATES

5 Comments
  1. Halima says

    Nigeria is a rich nation!! With all these prominent Nigerians our world can be better with proper utilization..

  2. kachi says

    Where is ABC Orjiako?

Leave a Reply

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More