Abdulsamad Rabiu made his entry as Forbe's Africa's Newest Billionaire in the November
edition. The 53 year old Nigerian business mogul followed in his father's
footsteps, importing basic commodities like rice, sugar, and cement in the
1980s. Today, he heads the BUA Group, a conglomerate with $1.9 billion in
revenues and interests in sugar refining, vegetable oil processing and flour
mills. The group also operates the BUA Cement I, Nigeria's first floating
cement terminal. He is already touted to
unseat Aliko Dangote, the current Africa's richest man. According to Forbes…
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