Abdul Samad Rabiu

In 2013, Forbes estimated Abdul Samad's wealth at $1.2 billion, putting him in the global billionaire's club.

3. BUA PORTS & TERMINALS: BUA Ports and Terminals Limited, a subsidiary of BUA Group was incorporated on 28 March 2006. The Company is the concessionaire for the Port Harcourt Terminal ‘B’ of the Nigeria Ports Authority, NPA. This was after a highly competitive bidding process under the Public Enterprise (Privatization and Commercialization) Act No. 28 of 1999.

A few years later, BUA acquired Nigerian Oil Mills Limited, the largest edible oil processing company in Nigeria. In 2005 BUA started two flour-milling plants, in Lagos and in Kano. By 2008, BUA had broken an eight-year monopoly in the Nigerian sugar industry by commissioning the second-largest sugar refinery in sub-Saharan Africa. In 2009 the company went on to acquire a controlling stake in a publicly-listed Cement Company in Northern Nigeria and began to construct a $900 million cement plant in Edo State, completing it in early 2015.

1. BUA SUGAR: BUA Sugar Refinery Limited was incorporated on April 13, 2005, as a private limited liability company. The company's primary business is the refining of imported and locally sourced raw sugar. The Refinery was conceived as an ultra-modern, automated plant with state of the art equipment. It has an installed capacity of 2,000 MT of sugar a day. The technology deployed is unique and from Brazil, widely known as having the best technology in sugar production and refinery. The refinery is structured to generate its own power during the process of converting molasses to sugar. Nevertheless, provision has also been made for gas supply from a gas company to fire its turbines. The refinery is 100% Nigerian owned and 100% equity financed.

In 1990, the government, which owned Delta Steel Company, contracted with BUA to supply its raw materials in exchange for finished products. This provided a much-needed windfall for the young company. BUA expanded further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria.

Abdul Samad Rabiu established BUA International Limited in 1988 for the sole purpose of commodity trading. The company imported rice, edible oil, flour, and iron and steel.

Abdul Samad Isyaku Rabiu CON (born 4 August 1960 in Kano, Nigeria) is a Nigerian businessman. His late father, Khalifah Isyaku Rabiu, was one of Nigeria's foremost industrialists in the 1970s and 1980s. Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. He is also the chairman of the Nigerian Bank of Industry (BOI).