Abdul Samad Isyaku Rabiu was born on August 4th, 1960 in Kano, Kano State, Nigeria to Isyaku Rabiu, a businessman and Islamic scholar. He is a business magnate and the founder & chairman of BUA group, a Nigerian conglomerate focused on manufacturing, infrastructure and agriculture.
AbdulSamad Isyaku Rabiu is 64 years old.
Abdul grew up in a wealthy Islamic and polygamous family as his father had four wives and a lot of children. He had his primary and secondary education in Kano before proceeding to Ohio in the United States for his tertiary education where he studied and obtained a degree in Economics at the Capital University in Columbus.
Abdul Samad returned to Nigeria soon after his studies and took charge of his family business which centered on trading commodities and beverages. While still 24, the responsibility of running the business fell on his shoulders as his father was being detained by the military administration of General Muhammadu Buhari for rice hoarding. This was around 1984.
He founded his own business, BUA International Limited, in Lagos around 1988. The firm has grown BUA grew and expanded. It first started with Nigerian Oil Mills Limited-the largest edible oil processing company in Nigeria and in 2005 he went on to build 2 flour milling plants in Lagos and in Kano. By 2005, BUA built the second largest sugar refinery in sub-Saharan Africa thereby breaking the hitherto existing eight-year monopoly in the Nigerian sugar market. BUA currently worth around $2.5 billion.
In 2008, Abdul acquired the largest oil processing company in Nigeria, Nigerian Oil Mills Limited. He also owns a penthouse at The One & Only Hotel, in Cape Town. He broke an eight-year monopoly in the Nigerian sugar industry by commissioning the second largest sugar refinery in sub-Saharan Africa. The set up the BUA Foundation as a NGO and has contributed to the construction of the Centre for Islamic Studies at the Bayero University in Kano. He also constructed a 7000 Square meter pediatric ward at the Aminu Kano Teaching Hospital.
Rabiu is a devote Muslim. He is married and has children. He is a proud owner of a private jet. He lost his father in May 2018 at the age of 93.
He is a recipient of the Commander of the Order of the Niger (CON) from the Nigerian government.
AbdulSamad Isyaku Rabiu is estimated to have a net worth of about $1.1 billion
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