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Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge - Celebrities - Nairaland

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Africa's Richest Man, Aliko Dangote Is A Year Older Today! / Davido Hangs Out With Aliko Dangote / Meet Nigerian Billionaire Abdulsamad Rabiu’s Daughter Khadija (2) (3) (4)

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Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by temmytboi(m): 10:42pm On Nov 07, 2013
Highly celebrated Nigerian businessman, Alhaji Aliko Dangote is about to lose his position to another wealthy Nigerian business tycoon.

The man in question is Abdulsamad Rabiu, a 53-year-old Nigerian businessman who followed his dad’s footsteps by venturing into importing business.

Rabiu started importing commodities like rice, Sugar and cement, etc in the early 80s and today he is the founder of BUA Group, a company that makes $1.9 billion yearly in revenues.

BUA also specializes in Sugar refinery, flour mills production and vegetable oil processing.

Rabiu’s company also operates the BUA Cement I, a 200-meter long vessel designed for heavy loads. It is Nigeria’s first floating terminal. He is already touted to unseat Aliko Dangote, the current Africa’s richest man.

According to a recent report by Forbes Africa, Rabiu has assets and business interests that is about to make him Africa’s richest man.

In addition to his assets in the BUA Group, Rabiu owns property in Britain, worth $62 million, and in South Africa, worth $19 million. Among his properties is a house in Gloucester Square in London worth nearly $16 million and a penthouse at The One & Only Hotel, in Cape Town, worth $12.6 million. Rabiu’s taste for good living is plain to see; he has bought homes from Eaton Square to Avenue Road, also known as Millionaires’ Row. Rabiu jets around the world on an eight-seater Gulfstream G550 worth $44.9 million, powered by a Rolls-Royce BR710 turbofan engine, as well as an $18-million Legacy 600 aircraft.“

Hmmm it’s time for Aliko Dangote to sit tight because Abdulsamad Rabiu is about to overtake him.

Believe it or not many silent billionaires still exist in Nigeria today. It’s a land flowing with milk and honey for people who have the strength to start small. http://crudenaija.com/2013/11/abdulsamad-rabiu-richer-than-aliko-dangote-africas-richest-billionaire-emerges/?utm_source=twitterfeed&utm_medium=twitter

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Tolexander: 10:48pm On Nov 07, 2013
Hope this isn't babangida's new name!

4 Likes

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by temmytboi(m): 10:59pm On Nov 07, 2013
Tolexander: Hope this isn't babangida's new name!
Lol Definitely not
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by AbuMikey(m): 11:12pm On Nov 07, 2013


Money Must be Made in excess!

#teamLegalMoney cool


Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Infomizer(m): 12:10am On Nov 08, 2013
So?

P.S Stop wishing and start working!
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by gluv01(f): 1:23am On Nov 08, 2013
Let the battle begin!
Two wealthy tycoons...meanwhile i'm still waiting for Dangote's son cheesy

1 Like

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 4:12am On Nov 08, 2013
I have always known that family to be super rich. The man owns properties in the best areas in London and his kids have schooled in the poshest schools in England since the were tots. He even owns IRS airlines.
Didnt know he was richer than Dangote though.
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by OmichaelO: 5:33am On Nov 08, 2013
He's not as rich as Dangote!!
He was still on $675million mark as at last year
tongue

1 Like

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by djeezy(m): 5:49am On Nov 08, 2013
No doubt he's rich but not as rich as Dangote.
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by ignis: 6:09am On Nov 08, 2013
I refuse to agree.
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 6:26am On Nov 08, 2013
Okay, I have no business here.
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by asanchez(m): 6:29am On Nov 08, 2013
space booked
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by IAMBREEZY: 6:31am On Nov 08, 2013
i disagree nobody can be richer than dangote unless those polithiefcian.
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by tyson99(m): 6:41am On Nov 08, 2013
No champion forever
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by ckdave(m): 6:58am On Nov 08, 2013
Dude can't be richer than dangote. The only nigerian company on the
Forbes 2000 list, how na?!
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 7:25am On Nov 08, 2013
This is definitely a publicity stunt for abdulsamad rabiu and his bua conglomerate. The world need to start knowing about him and his products, and by doing that, you simply compare with the richest african and black man in the world.

I have known rabiu for long and he is definitely a stinking rich man, but he is not half dangote's wealth.

In nigeria toay, every household has something to do with dangote. If you are not using his cement, you are using his sugar, if you are not using his raw sugar at home, then the minerals or beer you drink, you are still using his sugar, because dangote is all the companies that produce beer and minerals major supplier. What about his salt, i will not mention his pastas, noodles, dansa and alot of products.

Dangote buys every government by sponsoring them and he also buys the nigeria monopoly. He is about to monopolize the oil industry with his recent venture into having a refinery.

Abeg, this two guys are not comparable at all.

2 Likes

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by thaoriginator: 7:37am On Nov 08, 2013
Aboki Inside! 2 Abokis, richest blacks in Africa! Haters do the ne.............(U knw d rest)wink
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 7:46am On Nov 08, 2013
Striking resemblance
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Boll2010: 7:51am On Nov 08, 2013
This na confam lie.....xcept politicians add money join for am......anyway you are a very rich man....n I still wish you success in your doings


But u get money no concern me......until u stat employment program that is atlist near aliko in population
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by wasak(m): 7:52am On Nov 08, 2013
Hope he's not d son of Isiaka rabiu? over there in the north his products are more popular than dangote's... cement, sugar ,salt and so on...
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 7:55am On Nov 08, 2013
The same abokis that ruled nigeria for close to 40years without any interference. Why wont those military rulers make them rich. Hope you know that dangote's wealth is traced to much government contracts and patronages during the military era. Why wont the abokis be the richest in africa.

Trace this rabiu's wealth and you will see it has something to do with the old military and aboki hegemony. Do you think theophilus danjuma is not among the 5 richest men in africa? This abokis pillaged aour resources and shared amongst themselves, we know more of this people na.
tha_originator: Aboki Inside! 2 Abokis, richest blacks in Africa! Haters do the ne.............(U knw d rest)wink

1 Like

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 8:16am On Nov 08, 2013
temmytboi: Highly celebrated Nigerian businessman, Alhaji Aliko Dangote is about to lose his position to another wealthy Nigerian business tycoon.

The man in question is Abdulsamad Rabiu, a 53-year-old Nigerian businessman who followed his dad’s footsteps by venturing into importing business.

Rabiu started importing commodities like rice, Sugar and cement, etc in the early 80s and today he is the founder of BUA Group, a company that makes $1.9 billion yearly in revenues.

BUA also specializes in Sugar refinery, flour mills production and vegetable oil processing.

Rabiu’s company also operates the BUA Cement I, a 200-meter long vessel designed for heavy loads. It is Nigeria’s first floating terminal. He is already touted to unseat Aliko Dangote, the current Africa’s richest man.

According to a recent report by Forbes Africa, Rabiu has assets and business interests that is about to make him Africa’s richest man.

In addition to his assets in the BUA Group, Rabiu owns property in Britain, worth $62 million, and in South Africa, worth $19 million. Among his properties is a house in Gloucester Square in London worth nearly $16 million and a penthouse at The One & Only Hotel, in Cape Town, worth $12.6 million. Rabiu’s taste for good living is plain to see; he has bought homes from Eaton Square to Avenue Road, also known as Millionaires’ Row. Rabiu jets around the world on an eight-seater Gulfstream G550 worth $44.9 million, powered by a Rolls-Royce BR710 turbofan engine, as well as an $18-million Legacy 600 aircraft.“

Hmmm it’s time for Aliko Dangote to sit tight because Abdulsamad Rabiu is about to overtake him.

Believe it or not many silent billionaires still exist in Nigeria today. It’s a land flowing with milk and honey for people who have the strength to start small. http://crudenaija.com/2013/11/abdulsamad-rabiu-richer-than-aliko-dangote-africas-richest-billionaire-emerges/?utm_source=twitterfeed&utm_medium=twitter
Dangote's face be like


#why is this idi.ot still alive grin
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 8:21am On Nov 08, 2013
O.michael.O:
He's not as rich as Dangote!!
He was still on $675million mark as at last year
tongue
do not mind the ignorant op, he thinks making a billion dollars or growing the asset is guguru and groundnut.
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by ebukaOtika(m): 8:21am On Nov 08, 2013
WELL IF THEY WANT TO PROVE IT TO ME..... They should BUY HEAVEN........... Then i go believe.
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Madawaki01(m): 8:27am On Nov 08, 2013
Good for him


Do you know that:
> RHYTHM is the longest English word without a
vowel?
> Camels have three eyelids?
> Sunlight takes about 8 minutes 20 seconds to
reach the earth?
> The heart of a shrimp is in its head?
> Neptune was the first planet in our solar
system to be discovered through calculations?
> Butterflies smell with their feet?
> The sheep is the most frequently mentioned
animal in the Holy Bible?
> The reason honey is so easy to digest is that it
has been pre-digested by the bee?


Oya like

1 Like

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Boll2010: 8:50am On Nov 08, 2013
Madawaki01: Good for him


Do you know that:
> RHYTHM is the longest English word without a
vowel?
> Camels have three eyelids?
> Sunlight takes about 8 minutes 20 seconds to
reach the earth?
> The heart of a shrimp is in its head?
> Neptune was the first planet in our solar
system to be discovered through calculations?
> Butterflies smell with their feet?
> The sheep is the most frequently mentioned
animal in the Holy Bible?
> The reason honey is so easy to digest is that it
has been pre-digested by the bee?


Oya like
jargons! angry
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by Nobody: 8:53am On Nov 08, 2013
babyface333:
...I have known rabiu for long and he is definitely a stinking rich man, but he is not half dangote's wealth...

Lol! Why is it that all the wealthy people find it very difficult to take their bath? Even the sycophants around them won't muster enough courage to tell them "hey! Mister, you stink!"
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by farem: 9:01am On Nov 08, 2013
Gej is warning up to decorate another Gcon/GCFR?
Never! Dangote is too close to gej. Gej will rather ban cement, rice.. . importation and punish the-already-poor masses by inflating domestic prices by 100% rather than for dangote to loose #1 position.
Who be Rabiu?
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by veave(f): 9:02am On Nov 08, 2013
BUA... please were is their head office in naija...
well... rabiu... good for you sha... smiley smiley smiley smiley
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by stevecantrell: 9:13am On Nov 08, 2013
Austeenx: Okay, I have no business here.

Don't excuse yourself yet, I heard the man has huge investments in Petroleum (jelly) grin

1 Like

Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by dridowu: 9:16am On Nov 08, 2013
I must make excess money legally
Re: Abdulsamad Rabiu Richer Than Aliko Dangote – Africa’s Richest Billionaire Emerge by OmichaelO: 9:38am On Nov 08, 2013
blink182: do not mind the ignorant op, he thinks making a billion dollars or growing the asset is guguru and groundnut.
lol... Or boli and epa (Groundnut) grin grin

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