"abdulsamad rabiu biography"
Abdulsamad Rabiu
Abdulsamad Rabiu Net Worth is $675 $Million. Isyaku Rabiu (born 1928) is a prominent Nigerian businessman from Kano. In 1984, he was one of the commodity traders arrested and jailed by the administrat. Isyaku Rabiu (born 1928) is a prominent Nigerian businessman from Kano. In 198...

Abdulsamad Rabiu Net Worth is $675 $Million.

Abdulsamad Rabiu Net Worth is $675 $Million. Isyaku Rabiu is a prominent Nigerian businessman from Kano. In 1984, he was one of the commodity traders arrested and jailed by the administrat Isyaku Rabiu is a prominent Nigerian businessman from Kano. In 1984, he was one of the commodity traders arrested and jailed by the administration of General Muhammadu Buhari on charges of hoarding rice.
Rabiu was born into the family of a religious scholar, Rabiu Dan Tinki. Isyaku's religious upbringing influenced his development as a young man, as a youth, he embraced Islamic scholarship and was popularly known as a Mallam. It wasn't until the early 1960s that Rabiu delved into commercial enterprise. As a close confident of Kano businessman Ibrahim Musa Gashash, he established a procurement agency for textiles produced by the Kaduna Textile Factory, a firm controlled by Gashash. After success in trading textiles, he established his own textile factory, and was also involved in selling sewing machines. In the 1970s, three economic events, the oil and construction booms and the movement towards indigenization, helped cement his status among Kano's industrious elites. He ...
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Abdulsamad Rabiu Latest News

Abdulsamad Rabiu commends FG for local refineries’ resuscitation

The Federal Government has been commended on the resuscitation of local refineries and reduction in the price of Low Pour Fuel Oil (LPFO) from around N77.94 per litre to N51.38 per litre by prominent industrialist Abdulsamad Rabiu, Chairman of BUA Group.
Posted: September 17, 2015, 2:44 am

Abdulsamad Rabiu Appointed Chairman Of BOI

The federal government has appointed Dr Abdulsamad Rabiu, a 53-year-old business tycoon, as chairman of the Bank of Industry (BOI). It was perhaps part of the strategy to reconstitute the board of the bank with seasoned private-sector technocrats following ...
Posted: May 21, 2014, 12:49 am

Nigeria: BUA Divests From Flour Milling Business in U.S.$275 Million Deal

Speaking at the signing ceremony over the weekend, billionaire industrialist and founder, BUA Group, Abdulsamad Rabiu, said: "This signing marks a major milestone in our medium term strategy. Over the years, we have run one of the largest and most ...
Posted: January 10, 2016, 11:48 pm

BUA Divests From Flour Milling Business In $275m Deal

Speaking at the signing ceremony over the weekend, billionaire industrialist and founder, BUA Group, Abdulsamad Rabiu, said: “This signing marks a major milestone in our medium term strategy. Over the years, we have run one of the largest and most ...
Posted: January 11, 2016, 3:50 am

BUA divests from flour milling business in $275m deal

L-R: Abdulsamad Rabiu, Chairman, BUA Group and Tong Laigou, Board Chairman, SINOMA CBMI, shake hands and exchange documents after signing a USD600 million contract to double BUA Cement s OBU Factory capacity to 7 million metric tonnes per annum in China.
Posted: January 11, 2016, 1:53 am
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