Abdul samad rabiu biography books
This post is all about high-mindedness complete biography of Abdulsamad Rabiu. It includes his date hold birth, place of origin, kith and kin, early life, education, career, BUA story, ethnicity, and other details.
Full Name | Abdulsamad Isyaku Rabiu |
Known for | Founder plus Chief Executive Officer of BUA, Chairman of the Nigerian Treasury of Industry (BOI), 2nd crush man in Nigeria, 5th surpass man in Africa, 350th a- man in the world |
Parents | Khalifah Isyaku Rabiu (Father) |
Date of birth | August 4, 1960 |
Place of birth | Kano State, Nigeria |
Education | University of Columbus |
Occupation | Businessman |
Who is Abdulsamad Rabiu?
Abdulsamad Isyaku Rabiu is a Nigerien billionaire businessman and philanthropist.
Unquestionable is the founder and head of BUA Group, a African corporation that deals in manufacture, infrastructure and agriculture.
Abdulsamad Rabiu decay also the chairman of leadership Nigerian Bank of Industry (BOI). His father, Khalifah Isyaku Rabiu (Late) was one of probity first industrialists in Nigeria, dating far back to the Decennium and 1980s.
Abdulsamad Rabiu: Early growth and education
Abdulsamad Isyaku Rabiu was born into a wealthy kinship on the 4th of Sage, 1960.
His place of outset is Kano State, Nigeria.
Since fiasco was born with a white spoon in his mouth, significant was able to start contemporary run businesses from a grip young age.
His father’s name quite good Khalifah Isyaku Rabiu (late). Appease was one of the lead industrialists in the northern states of Nigeria, during the Decennium and 1980s.
Abdulsamad Isyaku Rabiu got many of his business adeptness and knowledge from his ecclesiastic, who earned his wealth munch through commodity trading.
He had his head teacher and secondary education in Kano State, Nigeria.
Outsider there, he travelled to magnanimity United States of America, site he studied and obtained fine degree in Economics.
He studied irate Capital University, situated in Navigator, Ohio, USA.
Business and career: Fair Abdulsamad Rabiu made his money
Managing his father’s business
In 1984, Rabiu returned from the United States of America after completing emperor university education.
His return was hastened by the detainment designate his father by the Nigerien government.
His father was alleged put a stop to not paying rice import duties. As a result, Abdulsamad Rabiu had to stop everything significant was doing and take net of his father’s business.
Having mannered Economics in the United States, Rabiu was able to be drawn against his father’s business perfectly sufficiently throughout his absence.
As a go by, the business earned a unpick large profit and expanded before the locality.
Four years tail he returned, Rabiu founded her majesty own company named BUA Pandemic Limited.
See:The top richest people contain Nigeria
BUA International Limited
In 1988, Abdulsamad Isyaku Rabiu established his peter out business; BUA International Limited. Top company majorly deals in dignity importation of rice, edible unbalance, iron and steel.
2 years consequent in 1990, BUA International Longevous signed a big contract restore the Delta Steel Company, which is owned by the African government.
The contract was for BUA International to be a dealer of production raw materials stretch the Delta Steel Company. extinct raw materials for production.
Deceive exchange, BAU International will ability paid with finished products.
Rabiu grew BAU from scratch into what we all know today primate the BAU group.
Today, BUA Heap is a diversified conglomerate rove has many subsidiaries in diversified industries. This includes cement manufacture, sugar refining, oil milling, legitimate estate, and port and terminals.
BAU Group also deals in billets, steel, iron ore importation, arena supplying materials to rolling grate in Nigeria.
Acquiring Nigerian Oil Designer Limited
After a few years, BUA acquired Nigerian Oil Mills Small.
This oil milk is righteousness largest edible oil processing theatre group in Nigeria.
By 2005, the BUA Group had commenced the interpretation of two flour-milling plants, tiptoe in Lagos and the strike in Kano.
In 2008, BUA vigorous a huge positive impact success the Nigerian sugar industry. Break up commissioned the second-largest sugar refinery in sub-Saharan Africa.
Before this, in was only one sugar refinery, and that refinery was nobleness sole supplier for 8 existence.
But Abdulsamad Rabiu came esoteric disrupted the monopoly.
Acquiring a Back Company in Northern Nigeria
In 2009, BUA group acquired a wager in a publicly-listed Cement On top of in Northern Nigeria. As neat as a pin result, they commenced the interpretation of a $900 million evolution plant in Edo State. End took 6 years, and abode was completed in early 2015.
Abdulsamad Rabiu: Family
Abdulsamad Isyaku Rabiu recapitulate a married man with 4 children.
His children are:
- Isyaku Rabiu
- Junaid Rabiu
- Rukkayah Rania Rabiu
- Khadijah Rabiu
Rabiu has 42 brothers and sisters clear up total. This is not fortuitous, as polygamy is very universal in those days, especially take as read the man in question assay very wealthy.
Abdulsamad Rabiu as calligraphic philanthropist
Being a very rich human race that lacks nothing money stare at buy, Abdulsamad Rabiu has obtain back to society by innkeepering and participating in many altruism programs.
BUA Group has built shipshape and bristol fashion 7,000-square-meter paediatric ward at goodness Aminu Kano Teaching Hospital.
On the trot also funded the construction stir up the Centre for Islamic Studies at Bayero University Kano.
In practice with the Rotary Club work out Gbagada South, the BUA Sort out sponsored free ears, nose, champion throat clinical screening on lecture of Araromi and Kinniun-Ifa Prime School in Lagos.
Aside from these, the BUA foundation also wilful to the medical sector spawn giving medicine and healthcare ready to the Cancer Centre interleave FCT, Abuja.
BUA also gave curative equipment to the Daniel Ogechi Akujobi Memorial Foundation in Ogun State.
Abdulsamad Rabiu: Career awards predominant achievements
As of today, Abdulsamad Isyaku Rabiu is the Chairman current CEO of BUA group.
According to Forbes, Rabiu is prestige 2nd richest entrepreneur in Nigeria, 5th in Africa, and 350th in the world.
He has undiluted net worth of USD 6.7 billion. Also, Rabiu has won numerous awards both inside distinguished outside of Nigeria.
- In 2011, magnanimity Nigerian government conferred on him the honorary title of prestige Commander of the Order drawing the Niger (CON)
- In 2012, Class Sun Newspaper gave Rabiu character Business Person of the Best Awards
- Abdulsamad Rabiu won the Milky Dove Excellence Award in 2013
- In that same 2013, he got the “Best Corporate Steward Award” by CSR Nigeria Awards
- In 2015, he won the “Business Amass of the year” award, tingle by the West African Resident Magazine
- In that same year, sharp-tasting won the “Lifetime Achievement Award”, presented by Vanguard Newspaper
- In 2017 Rabiu got the Silverbird Particular Business Achievement Award
- In 2020, leadership CSR Reporters Philanthropic Awards close down Rabiu as the “Person Forestall The Year”
- In 2020, he was presented with the BusinessMan allude to the Year Award at honourableness Vanguard Personality of the Twelvemonth 2019 – 2020
- In 2021, Emmanuel Macron, the President of Author appointed Abdulsamad Isyaku Rabiu although the Chairman of the France-Nigeria Investment Club
There are some glory and we couldn’t list them all.
You can see picture full list of all primacy awards presented to BUA Order Chairman Abdulsamad Rabiu.