The richest people in Nigeria & their worth in 2015 – See how filthy rich they are! (With Pictures)

9. Abdusalam Rabiu

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.