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Man of the Year (Philanthropy): Why BUA Chairman, Abdulsamad Rabiu Emerged Nigeria’s Greatest Billionaire

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Abdul Samad Rabiu, Elumelu, Dangote make Tinubu’s economic advisory panel

Man of the Year (Philanthropy): Why BUA Chairman, Abdulsamad Rabiu Emerged Nigeria’s Greatest Billionaire

 

 

 

 

 

BUA: It takes courage to be Alhaji AbdulSamad Rabiu. You have to travel aeons back perhaps to encounter a charitable heart like his. Much of his gestures stem from his ability to feel, visualize, and appreciate the miseries of society’s underprivileged and build livable lives for them from the ground up. Rabiu defies stereotypical projections of the billionaire as the shark next door, the deal-maker or the calculating prospector.

 

 

 

Man of the Year (Philanthropy): Why BUA Chairman, Abdulsamad Rabiu Emerged Nigeria’s Greatest Billionaire

 

 

While his name may send chills down the spine of a bitter rival, Rabiu is truly warm and kind, and amiable even to his most virulent competition. There’s something about the feeling he imparts in all his acquaintances, that triggers a change in their circumstances.

 

 

 

From his humane approach to business to his selfless philanthropy, Rabiu brilliantly humanizes the intricate and savage world, upholding piercing truths about the infinite bounds of compassion. Save Rabiu, very few billionaires lack the courage to remold a world so brutal into something beautiful, writes LANRE ALFRED

If AbdulSamad Rabiu were crowned the richest man in the world today, it wouldn’t matter to him. He had never been a sucker for worldly and ephemeral titles. He knows them to be worthless and transient. Thus he’d keep doling out his fortune to nourish dreams and flesh the hopes of the starving.

 

 

 

If you ask him, he would tell you that he has not lived in a day, until he has done something for someone who can never repay him. Thus while some billionaires toss satellites into orbit and strive to harness the sun, Rabiu commits his fortune to nobler, simpler objectives, like raising society’s underprivileged from privation to surplus.

His footprints are prevalent in the humanitarian sector. An army of donees and devotees hang on to his beneficence. Unassuming yet indomitable, Rabiu redefines philanthropy and affluence.
At the tweak of his vision and the flick of his finger, the stock market soars or swoons hence he redesigns the paradigm of industry too.

Little wonder he has amassed an intimidating fortune.
Contrary to pervasive notions of affluence that hold most billionaires as glassy, shallow creatures, furloughed from reality all the time, Rabiu is unmistakably different.

Nestled atop his fantastic business empire, the chairman of BUA Group aspires to beneficence, guided by the wisdom of the ancients: a kind gesture can reach a wound that only compassion could heal, he has learnt.

Thus he is never far removed from his roots and the indigent, however far and near. Rabiu is compassionate in a beneficent, unrelenting sort of context. When he gives out money, he spends himself with it.

Rabiu is infinitely scarred by the depth of poverty and misgovernance inflicted on society’s impoverished hence his determination to contribute his quota to the improvement of the fortunes of society’s underprivileged.

In other words, his generosity may be the best measure of his humanity. Rabiu understands that to become fabulously wealthy and to earn great fame are triumphs not of humanity but of vanity. Thus over the past two decades of his robust entrepreneurship, Rabiu has desisted from reveling in vanity. Unlike his fellow billionaires who are so far removed from their immediate reality, Rabiu would never splurge on trifles.

Where some spend several thousand dollars at a restaurant for a nice Pinot Noir, and several millions of dollars on the new Rolls Royce Cullinan or Phantom or Ghost models, Rabiu chooses to give.

His penchant for doling out his wealth to society’s less privileged has been acknowledged from within and outside the country. More so, he is the most generous with his time and money.

Rabiu believes that the truest acts of generosity need no log-rolling and that the love of possessions is a weakness to be overcome. Hence in his simplicity, he gives away all that he has to relatives, to the underprivileged from other tribes or clans, but above all to the poor and the aged, from whom he can hope for no return.

An astute businessman, philanthropist and industrialist, Rabiu founded and Chairman of BUA Group in 1988; he subsequently nurtured the enterprise to become one of Nigeria’s largest privately-owned foods, manufacturing and infrastructure conglomerates with diversified investments spanning key business sectors of the Nigerian economy.

The story behind the success of the Chairman and Chief Executive Officer of the BUA Group cannot be fully comprehended, however, without examining how he took over from his father’s vast business empire at the embryonic age of 24 when he returned to Nigeria.

In the early ‘90s after learning the ropes of business with his unwavering commitment and determination, he meandered from the path of family business and birthed BUA Group as a private company.

This daring decision to opt out from a very already established family business turned out to be his greatest decision which has changed his life, business fortunes and the society at large.

At the height of his success, Rabiu founded the Abdul Samad Africa Initiative, ASR Africa – an African-focused Fund for Social Development and Renewal which seeks to support Nigeria and other African countries in the areas of Health, Education, and Social Development.

In addition to his economic contributions, Rabiu, through the BUA Foundation and more recently, his ASR Africa, has contributed immensely to various philanthropic and social development activities in different areas from healthcare to education, sports, water and sanitation amongst others.

On October 6, 2023, Rabiu’s ASR Africa Initiative commenced the groundbreaking ceremony of the state-of-the-art N2.5 Billion Oncology Centre which will provide services for the entire West African region in Ilorin, Kwara State. The health facility is one of many tertiary-level health interventions of the Abdul Samad Rabiu Africa Initiative (ASR Africa) under its Tertiary Health Systems Support Grant scheme. As a leading philanthropic organization committed to delivering sustainable impact in health, education, and social development across the continent of Africa, ASR Africa donated N10 billion in grants of N2.5 billion each to four States including Sokoto, Ogun, Edo and Kwara as part of the scheme.

Kwara State became one of the recipient states in the federation after the State, through its Executive Governor, Abdulrahman Abdulrazaq, presented the model for the largest Oncology Research, Diagnostic, and Treatment Centre in Nigeria. The project under the direct supervision of ASR Africa and in partnership with the Kwara Statement Government, will be equipped with the most modern technology in oncology diagnostics and treatment of patients, thereby providing Nigerians and foreign patients with world-class oncology services to facilitate early detection and affordable treatment for all types of cancers.

In October 2022, Rabiu, through ASR Africa, donated US$500,000 to the United States Agency for International Development to partner on Tuberculosis (TB) control, HIV, and gender-based violence (GBV) prevention efforts in Nigeria. Through this partnership, ASR Africa’s contribution will provide: 11 loop-mediated isothermal amplification diagnostic machines, also known as TB-LAMPs, with laboratory reagents and consumables; renovation of 10 Tuberculosis Directly Observed Therapy or DOT centers; and approximately 1,200 dignity kits for survivors of gender-based violence across selected states in Nigeria.

Before this partnership, he commenced the ongoing development of a N7.5 billion 200-bed specialist hospital in Kano State and during the global COVID-19 pandemic, Abdul Samad Rabiu championed Nigeria’s donation to the COVID-19 intervention by a single individual or corporate donating amongst other things, 1.35billion Naira to the CACOVID Private Sector Coalition; 300million Naira to the Presidential taskforce on Covid-19; over N1billion in cash donations to 10 state governments across the country; about 70 ambulances provided for over 15 states as well as the donation of medical equipment, facemasks, provision of raw/dry foodstuff for over 1.5million persons in Kano, Lagos and Rivers states, and the construction of health infrastructure.

In 2021, Abdul Samad Rabiu set up the Africa Fund for Social Development and Renewal through his ASR Africa Initiative. So far, the initiative has donated and/or commenced projects across Nigeria and Ghana including the N4 billion Police Hospital in Abuja and donated N1 billion each for six universities across Nigeria through the ASR Africa Tertiary Education Grants Scheme for infrastructural development. The beneficiaries of the N6billion Tertiary Education Grants Scheme are Ahmadu Bello University, University of Ibadan, University of Maiduguri, Nnamdi Azikiwe University, University of Ilorin, and University of Benin.

Also, Rabiu has always heeded the call to support in times of crisis, the latest being his donation to victims of flooding in Gombe State and Bauchi States. In the North-East of Nigeria, Abdul Samad Rabiu continues to be one of Nigeria’s largest private donors to reconstruction and development efforts. More recently, he also announced a donation of N10bn Security Support Fund to the Nigerian Government.

Rabiu, through his various business interests, has also been a champion of protecting the environment through his investments in manufacturing plants that meet or exceed stringent environmental standards with a focus on recycling most of their waste products, the use of cleaner energy sources like natural gas whilst reducing the environmental impact of their operations.

These businesses are also involved in various community projects across Nigeria from Water and Sanitation, Electrification, Education and Sports in line with the United Nations Sustainable Development Goals.
As a testimony to hard work, an indefatigable entrepreneurial spirit and consistently championing Nigeria as a preferred investment destination in Africa, Abdul Samad Rabiu was reappointed by President Emmanuel Macron of France as the President of the France Nigeria Business Council in June 2022.

A recipient of many awards, Abdul Samad Rabiu was awarded the 2022 CEO of the Year at the African CSR Awards, and the 2016 African Industrialist of the Year Award by the All-Africa Business Leaders Awards. Other awards include the 2022 Sun Man of the Year Award, the 2020 Vanguard Businessperson of the Year, and the New Telegraph Philanthropist of the Year 2021.

He is also a recipient of several honorary doctorate degrees from various universities including the University of Benin, Nasarawa State University, Sokoto State University and Crescent University.

Rabiu is a fellow of the Institute of Directors, and he currently holds the prestigious Nigerian national honours of Commander of the Order of the Federal Republic (CFR) and Commander of the Order of Niger (CON) as well as the highest civilian national honour in Niger Republic.

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Shadows of Greed: Alison‑Madueke’s UK Corruption Trial and the Cost of Power

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Shadows of Greed: Alison‑Madueke’s UK Corruption Trial and the Cost of Power

By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com

When today’s headlines speak of corruption, they often do so as a distant abstraction as a vague moral failure with little bearing on everyday life. But the unfolding corruption trial of Diezani Alison‑Madueke in a London court throws into glaring relief the real, human and systemic consequences of unchecked power merged with self‑interest. This is not merely the story of an individual on trial; it is a lens through which the world must scrutinise the fragile intersection of governance, resource wealth and public trust.

 

Diezani Alison‑Madueke, once Nigeria’s Minister of Petroleum Resources and later the first woman president of the Organisation of the Petroleum Exporting Countries (OPEC), now stands accused before Britain’s Southwark Crown Court of multiple counts of bribery and conspiracy. The accusations against her (which she vehemently denies) paint a portrait of opulence allegedly funded through pay‑to‑play politics that ignored the public good and rewarded those who could feed her lavish lifestyle.

A Life in Oil, a Life Under Scrutiny.

Alison‑Madueke’s tenure as petroleum minister, from twenty ten until twenty fifteen, coincided with a period of immense oil revenue for Nigeria, a country sitting atop the largest oil reserves in Africa. Yet that wealth did not translate into broad‑based prosperity for the citizens she was meant to serve. Instead, British prosecutors allege that her privileged access to that sector was exploited for personal gain.

 

According to court indictments, she is accused of accepting bribes not in vague promises, but in concrete, high‑value luxury benefits and including cash, chauffeur‑driven vehicles, private jet travel, the use of multiple high‑end properties in London, funded renovations, personal household staff and even costly designer goods purchased at establishments like Harrods and Louis Vuitton. Prosecutors told the court these were not mere gifts, but “financial or other advantages” given by industry players “who clearly believed she would use her influence to favour them.”

 

The former minister, now sixty‑five, has pleaded not guilty to all charges. Alongside her in the dock are two co‑defendants: oil executive Olatimbo Ayinde and her brother, Doye Agama, both of whom deny the charges connected to the same alleged bribery scheme.

 

The Anatomy of Allegations.

What makes this trial especially significant is the detail and scale of the alleged benefits. Prosecutors have asserted that Alison‑Madueke was offered:

 

Access to luxury homes and private residences in London, bought and maintained by associates seeking lucrative Nigerian contracts.

 

At least a six‑figure sum in direct cash payments.

 

Private jet flights and schooling fees for her children.

 

Vast quantities of luxury goods and services from upscale retailers.

 

While the prosecution concedes it has not yet produced direct evidence that she awarded specific contracts to individuals who should not have had them, it maintains that the acceptance of such benefits by a public official who oversaw multi‑billion‑dollar contracts is inherently improper and contrary to fundamental principles of public service.

 

Voices of Accountability.

The allegations have drawn sharp commentary from observers worldwide who see the trial as emblematic of broader governance challenges across resource‑rich nations.

 

Nigerian social justice advocate Aisha Bello has observed, “Corruption is not a peripheral defect in governance but a corrosive disease that accelerates inequality. When leaders treat public office as a gateway to private treasure, citizens pay with lost opportunities and diminished hope.”

Shadows of Greed: Alison‑Madueke’s UK Corruption Trial and the Cost of Power

By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com

Similarly, Professor John Githongo, a renowned anti‑corruption scholar, argues that “Transparency and accountability are not optional extras in public administration; they are indispensable pillars of a just society. When the public good is subverted for private gain, the very fabric of trust unravels.”

 

These sentiments resonate deeply in contexts where natural wealth exists alongside persistent challenges in education, healthcare and infrastructure also illustrating that corruption is not an isolated moral failing, but a fundamental impediment to development.

 

Corruption Beyond Borders.

What makes this case notable on the global stage is not just its connection to a former minister, but its international footprint. The United Kingdom’s National Crime Agency (NCA) has taken up the case because many of the alleged transactions (the properties, cash flows, and luxury perks) touched British jurisdiction. This underlines a critical truth: corruption today is not contained by national boundaries. Illicit financial flows, luxury goods, and asset holding often travel across continents, making international cooperation essential in pursuit of justice.

Andy Kelly, head of the NCA’s International Corruption Unit, stated during earlier proceedings that investigations revealed “financial rewards” accepted by Alison‑Madueke that were “suspected to relate to the awarding of multi‑million‑pound contracts.” He emphasised that such impropriety has “devastating consequences for developing nations.”

 

This collaborative legal action reflects a growing global consensus: no public official, regardless of stature, should be beyond accountability. When a former head of state institutions is brought before a foreign court, it is not just a legal milestone but it is a moral affirmation of shared values in the rule of law.

 

The Nigerian Context.

In Nigeria, the oil sector has long been both a blessing and a burden. Despite generating huge revenues, mismanagement and corruption have often undermined potential gains for the wider population. A 2023 report by Nigeria’s statistics agency ranked corruption as one of the most significant challenges facing the country. It is a sobering backdrop that shapes how this trial is interpreted at home and abroad.

 

Former officials and critics alike have noted that transparency in governance is not merely a matter of legality but one of national dignity. As legal scholar Dr. Funke Adekola puts it, “When leaders betray public trust, they erode the very essence of citizenship. Restoring that trust requires not just trials, but systemic reform in values and institutions.”

 

What Lies Ahead.

The trial, expected to stretch over several months of testimony and evidence examination, is itself a test of judicial endurance and political will. It presents complex questions about proof, credibility, and moral accountability. Yet beyond the sterile halls of courtrooms, its wider implications reverberate in global public discourse about how nations manage wealth and how societies hold leaders accountable.

 

For ordinary citizens around the world, this case is riveting not because of luxury houses or private jets, but because it forces a collective reckoning: What price should a society pay when those entrusted with public resources place personal enrichment above national welfare?

 

Summative Insight.

As Diezani Alison‑Madueke’s trial unfolds before the world’s eyes, it stands as a stark reminder that the fight against corruption must be relentless and unflinching. It exposes the corrosive effects of unethical conduct at the highest levels of power and underscores the necessity of accountability, irrespective of nationality or office.

 

In the final analysis, justice is not only about punishment, but about restoring faith in the systems meant to protect the common good. As the British court hears testimony and as evidence is meticulously weighed, the world watches a profound test of justice, one that could shape how future generations understand leadership, integrity and the true cost of power.

Shadows of Greed: Alison‑Madueke’s UK Corruption Trial and the Cost of Power

By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com

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The Resilience in a Moment — Twenty Positive Impacts of a Human Event

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Gen. Buratai Reveals Why Tinubu is Right on ECOWAS Standby Force

The Resilience in a Moment — Twenty Positive Impacts of a Human Event

By Tukur Buratai

The global sight of a leader stumbling is often misinterpreted as a moment of pure vulnerability. However, such an event can act as a catalyst, revealing unexpected strengths and forging powerful connections. For President Bola Tinubu GCFR, the incident in Ankara transcends a mere physical misstep, unfolding into a series of constructive implications that reinforce his leadership, humanize his office, and project Nigeria’s steadiness to the world.
It served as a profound humanizer, abruptly reminding all citizens that the presidency is held by a fellow human being, instantly bridging the perceived gap between the ruler and the ruled and inviting a natural wave of empathy.
This spontaneous empathy directly fuels a narrative of resilience, as his immediate recovery and unwavering continuation of a demanding schedule broadcast a powerful message of personal determination and fortitude that no staged speech could match.
The event successfully tested and showcased the swift, professional response of his security and medical teams, highlighting the competence and preparedness of the critical institutions that support the presidency.
In the relentless cycle of news, the incident acted as an unintended diversion, temporarily shifting intense media scrutiny away from other complex political or economic challenges facing the nation.
This diversion often leads to a unifying national effect, where a leader’s perceived vulnerability can galvanize his political base and draw sympathetic citizens together in a collective expression of support.
We have historical precedent for this, as it can soften the stance of political opponents, potentially leading to a temporary respite from harsh rhetoric, as witnessed in past reactions from prominent political figures.
It creates a simple, relatable story that makes the leadership more accessible and human than any complex policy debate ever could, providing a common reference point.
The seamless continuation of the ceremony and the all-important bilateral meetings that followed powerfully underscored the stability and professionalism of the state apparatus, proving the machinery of government is unshaken.
On a broader scale, the event generates a reservoir of genuine sympathy, both at home and internationally, which can become a subtle asset in future political and diplomatic engagements.
It responsibly opens a necessary, if delicate, public dialogue about the well-being and health transparency of leaders, a conversation vital for any mature democracy.
For the administration’s communication team, it provided an invaluable real-world exercise in crisis narrative control, demonstrating their ability to manage a story with calm and prompt assurance.
On a personal diplomatic level, the shared experience can later serve as a humble and humanizing icebreaker in future formal talks with President Erdogan and other world leaders.
The attentive and immediate assistance rendered by Turkish security and officials can be framed as a testament to the deep respect and strong host-guest relations between the two nations.
Critically, the fact that the stumble did not derail a single item on the diplomatic agenda emphasizes the paramount importance both nations placed on their substantive discussions.
The surge in public discourse it triggered reflects an actively engaged citizenry, while the nature of the reaction provides the administration with a valuable, real-time barometer of public sentiment.
Handling such unexpected, public adversity with composure is the very definition of adaptive leadership, showing a tangible capacity for grace under intense pressure.
For the historical record, it adds a humanizing anecdote to the official legacy, ensuring the president is remembered in full dimension—for his humanity and grit as much as for his policies.
For many citizens, it can inspire a quiet sense of national pride in witnessing their leader overcome a public mishap on the world stage with dignity and poise.
Ultimately, it offers the leader himself a poignant lesson in humility, a grounding reminder of the shared human condition that can inform wiser and more compassionate governance.
Therefore, this moment, though initially jarring, reveals a core strength. Let it be a source of renewed focus for President Tinubu. As the nation faces significant challenges, may this demonstration of personal resilience translate into relentless, unified action for national progress. We pray for his continued good health and steadfast wisdom as he refocuses on the critical work of moving Nigeria forward with determination and purpose. The nation’s forward march continues, undeterred and collectively strengthened.
Tukur Buratai
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Fela Created the Game, Wizkid Mastered It — Ope Banwo

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Fela Created the Game, Wizkid Mastered It — Ope Banwo

‎Music executive and Stingomania Records founder, Dr. Ope Banwo, has weighed in on the recurring comparisons between Afrobeat icon Fela Anikulapo-Kuti and global superstar Wizkid, offering a perspective he says puts respect on both names without forcing an unnecessary rivalry.

‎According to Banwo, the debate misses a key point: the two artistes are not competitors, but products of different moments in music history.

‎“Fela created the game. Wizkid mastered it,” Banwo said.

‎He described Wizkid as one of the most successful African musicians of the modern era, praising his global reach, consistency, and ability to take Afrobeat to mainstream audiences across continents.

‎“Wizkid is a certified global superstar — hit records, international awards, sold-out arenas, and undeniable influence. He has taken Afrobeat to places many of us never imagined,” Banwo stated.

‎However, Banwo noted that Fela’s contribution operates on a different level entirely, one that transcends commercial success.

‎“Fela didn’t just make music; he invented a sound, a movement, and a cultural language. Afrobeat did not exist until Fela created it. He wasn’t chasing charts — he was shaping identity, resistance, and consciousness through music,” he said.

‎The Stingomania Records founder explained that while Wizkid represents the peak of Afrobeat’s global success, Fela represents its origin.

‎“You compare Wizkid with the giants of his generation — Burna Boy, Davido, Drake. But Fela belongs in the category of creators and revolutionaries. He changed the ecosystem itself,” Banwo added.

‎Banwo stressed that comparing the two directly ignores the natural evolution of music.

‎“You don’t compare the inventor of the game to the player who perfected it. Wizkid is playing at an elite level, but he is playing on a field Fela built,” he said.

‎He concluded by emphasizing that acknowledging Fela’s foundational role does not diminish Wizkid’s greatness.

‎“Wizkid is great — no debate there. But Fela is legacy. One mastered the game; the other created it. Both deserve respect, but they are not in the same lane.”

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