Once one has got the money habit, it is extremely difficult to kick it. Some are overwhelmed by the habit and some simply manage to tame it. The latter breed is constituted by such moneyed men like Abdulsamad Rabiu.
The exclusive haven of the wealthy and powerful, Banana Island, Ikoyi, Lagos, is set to welcome its newest resident. Sources have confirmed authoritatively that Abdulsamad Rabiu, the billionaire owner of BUA Group, has just completed a jaw-dropping mansion in the private estate and is all set to move in. Those who have been there say Abdulsamad must have spent a couple of millions to put up the wondrous edifice.
This is however not a surprise to those who know him intimately or remotely. Rated by the American financial publication, Forbes, as one of the world’s richest men, his BUA group, which started business in the late 80s as a private company, is one of Nigeria’s largest conglomerates.
Over the years, the company has diversified into a wide range of sectors including oil and gas and shipping. He also served as Chairman, Bank of Industry and is known for his philanthropic activities.