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THE “TERRORISTS” OF KANU NNAMDI LED IPOB BY FEMI FANI-KAYODE 

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Nnamdi Kanu’s ‘Disciple’, Ekpa Writes UN, Announces Himself As Prime Minister Of Biafra Government In Exile, Lists Other Ministers, Office Holders Simon Ekpa, the self-proclaimed disciple of the detained leader of the Indigenous People of Biafra, Nnamdi Kanu has described himself as the Prime Minister of the Biafra Republic Government in Exile (BRGIE). Ekpa, in a letter to the United Nations General Assembly, dated April 13, 2023, which he personally signed, urged the global community to recognise Biafra Republic Government in Exile, which he said was established to undertake the political and administrative governance of the ‘Biafra nation’ from outside of ‘Biafra’ territory. He also appealed to the UN to prevail on the government of Nigeria to unconditionally release Nnamdi Kanu and all ‘Biafrans’ held captive in any dungeon in Nigeria, and conduct a peaceful referendum to enable a peaceful and bloodless exit of Biafra from Nigeria. According to the letter obtained by SaharaReporters on Thursday, Ekpa stated that the indigenous people of ‘Biafra’ set up the exile government in their determination to exit the Nigerian state, while enumerating a plethora of reasons why IPOB wants the South-East region to exit from Nigeria. He said the Biafra Government in Exile will "undertake diplomatic and foreign relationships, arrangements and agreements, negotiations and pacts with other nations and interest organisations of the world on behalf of Biafra People”. “They are to be accorded all diplomatic privileges as due to any government official of their respective level. Biafra people, through their government in exile are sourcing for supports from all nations of the world to assist it exit Nigeria peacefully," he added. According to the letter to the United Nations General Assembly, an election was conducted and "Mazi Simon Ekpa was elected as the Prime Minister together with other Biafra Government in Exile officials, namely; Head of Finance –Mazi Ogechukwu Nkere; Deputy Head of Finance –Hon Lady Azuka Charlesnwankwo; Defense Minister –Hon. Lady Azuka Charles Nwankwo; Home Land Liaison –Dr M O & Prof C. O. N; Diplomatic & Foreign Affairs –Dr Sam Agubosim. Deputy Prof Anthony Nwannebuike Nwiboko; Coastal Region Orientation Coordinator-Madam Anirejou Josephine Erewa”. Others are Group Secretary –Victor Adim/ Dr Ruby Nnadi; Dept. Of Planning & Strategy –Paul Adinam; Information/ Media & Communication –Dr. Florence Agie & Mazi Ralph Chiamaka Ajere; Secretary to World Igbo Union –Madam May Ndirika; Military –Prof Anthony Nwannebuike Nwiboko/Mazi Solomon Nkwocha; Ministry of Health –Dr Ngozi Orabueze, Dr Offorma, Dr Sam and Dr Mora; Education –Dr Ruby Nnadi; Oil & Gas –Dr Ngozi Orabueze & Emma Maduabu; Pharmacy & Laboratory Science, Board of Nursing –Dr Benedict / Dr Florence Agie and Transport & Logistics –Amobi Eneh.
I watched my brother Mazi Nnamdi Kanu’s interview with my brother Chief Dele Momodu on Thursday evening and I was inspired and encouraged.
Nnamdi spoke with such eloquence, passion, courage and strength. He is brilliant and irrepressible. He cannot be underestimated or ignored.
Every African should listen to that interview. He cleared a lot of misconceptions about himself and made his position clear on so many issues.
Most important of all is the fact that he had the decency and humility to tender his regrets and apologies where he may have got things wrong. That is the mark of a great leader.
I have loved and trusted him dearly ever since the first day we met and spoke for 3 hours when we were both incarcerated at Kuje prison in 2016.
From the first minute we got on like a house on fire and we have been close ever since. There is nothing that binds men together more than being locked up together in prison or being on the battlefield together and fighting side by side and shoulder to shoulder against a common enemy.
The truth is that Nnamdi is not just a friend but a brother. We do not agree on everything but we agree on many things and the fact that we can tell each other the blunt and bitter truth whenever we feel either of us has gone wrong is the source and strength of our relationship.
Most importantly we stand as a moderating influence on one another both in our public and private affairs and trust me when I tell you that this man is a stabilising force, a good family man and a peacemaker.
Yet whatever anyone chooses to say or feel about him the truth is that he won millions of new friends and supporters after that interview from all over the country.
I thank Dele for giving this great man the opportunity to express himself to the Nigerian people on a mainstream platform such as his which has a massive reach.
After listening to the discussion I was prompted to meditate and ponder on how IPOB is wrongly perceived by many Nigerians and to write the following. Fasten your seat belts and enjoy the ride.
You call members of Indigenous People of Biafra (IPOB) terrorists yet you refuse to bring to justice those that have slaughtered or illegally detained and incarcerated 30,000 of their members in the last 5 years.
This number was given to me by Barrister Ifeanyi Ejiofor, IPOB’s lawyer, whose home and community in Orifite, Anambra state was also attacked, burnt down and plundered whilst many of his people were slaughtered in a joint operation by the Nigerian military and police in a matter of hours.
I was there to spend the day with him and mourn the loss of his brother on a Sunday and the tanks rolled in on Monday morning just a few hours after I left!
When Ifeanyi called me early in the morning to say that they were under attack, that his house and his late brothers house had been burnt to the ground, that his elderly mother had been beaten to a pulp, that the Church building that I had given a speech in the day before had been pulled down and destroyed and that many of his people had been killed for no just cause, tears rolled down my cheeks.
Had he not fled for his life and gone into hiding Ifeanyi himself would have been killed on that day.
Any group of people that have been subjected to that kind of barbarism from the Nigerian state would have resorted to an open armed struggle by now but Nnamdi Kanu’s IPOB have refused to do so.
Their struggle and quest for Biafran independence has remained relatively peaceful despite the provocation from the Nigerian state and the massive persecution they have been subjected to for 5 years.
Now tell me between IPOB and the Nigerian state who are the real terrorists? Who has done the killing? Who has terrorised? Who has spilled the blood of the innocent? Who has operated unlawfully and committed genocide and crimes against humanity?
Who has sponsored and protected the Fulani herdsmen and refused to curb and condemn their barbaric activities or declare them as a terrorist organisation?
Who has been soft on ISWA and Boko Haram and released and reintegrated thousands of their members into our Armed Forces even after they slaughtered hundreds of thousands of defenceless Nigerians, including women and children?
Who has unleashed their troops and security forces on their own people and killed thousands of their own citizens? Who has crushed and destroyed the lives and families of the innocent?
Who has burnt down Churches, slaughtered priests at the alter and who has sacked, pillaged, levelled, captured and renamed towns and whole communities?
Who has seized the land of farmers and raped their wives and children, butchered Christians and Shia Muslims and slaughtered thousands in Zamfara, Sokoto, Katsina and the core North.
Who has hacked to pieces thousands in Southern Kaduna, Taraba, Plateau, Adamawa, Benue and murdered protesting children in Mushin and at the Lekki Toll Gate?
Was it IPOB or members, associates and friends of the Buhari regime and those they encourage and protect?
I am not a man of violence and I do not support the use of arms. Where anyone or group of persons, including IPOB, involves themselves in violence I am the first to condemn it.
I despise those that shed innocent blood and those that unleash mayhem, havoc and tyranny on innocent people.
Yet the bitter truth is that those that have done more of this than anyone else in this country over the last 5 years are the Federal Government and their friends, associates and allies and not IPOB, OPC, YOLICOM, MASSOB, YWC, Yourba Summit Group, MEND, NDVF, IYC, the Lower Niger Congress or any of the other regional or self-determination groups.
I am not a coward and neither am I chicken-hearted. Truth is my sword and the Lord is my shield and armour. I fear nothing and nobody other than God.
It is for this reason that I refuse to be cowed or browbeaten into joining the gullible and ignorant herd of lily-livered cheerleaders who take pleasure in attacking and demonising the victims of the state like IPOB instead of condemning the unbelievable cruelty and crushing wickedness that has been unleashed upon them by agents of the state.
And the only reason they do this is because IPOB has not been given adequate fair hearing in the nations media or the public space to explain and defend themselves or tell their own side of the story to the Nigerian people.
The bitter truth is that more than any other group in this country over the last five years IPOB have been misepresented, villified, attacked, demonised and subjected to the greatest and most horrendous form of misrepresentation and negative propaganda. If anyone is attacked in the south or any police station burnt, according to our media, it must be IPOB.
Thousands of their members are in cells all over the country as we speak and yet no-one speaks for them, no one cares for them and no one empathises with them. This is unacceptable. This is inhuman. This is unfair. This is unjust. This is evil.
Worse still to compare IPOB to Boko Haram, ISWA or the Fulani herdsmen is like comparing Little Red Riding Hood to the hungry and ravenous wolf or like comparing Mother Theresa to Jack the Ripper: it simply does not make sense.
Some have alleged that IPOB youths committed acts of violence throughout the East and parts of Rivers state during the #EndSARS protests. Unconfirmed reports suggest that some of them even killed policemen and other innocent Nigerians. I find these reports troubling but I do however question them.
The Nnamdi Kanu that I know can be impulsive and say some very harsh things at times but he is not a killer or a violent man. He is a formidable intellectual and a visionary leader and not a merciless, bellicose, violent, murderous and bloodthirsty barbarian.
God forbid such a thing but if he was a man that took pleasure in the spilling of blood he would have put one million Ak 47’s in the hands of his followers by now and all hell would have broken loose. Violence is not in his blood and neither is it in his interest.
On several occasions he has told me privately and has said publicly that IPOB’s struggle is and must always be a peaceful one and he is wise enough to know that anything outside of that will be counterproductive and would lose him a lot of support and sympathy.
If indeed IPOB youths, as opposed to thuggish hoodlums that are claiming to be IPOB or rogue elements within the organisation, have killed anyone anywhere then I wholeheartedly condemn it and such barbaric behaviour must stop forthwith.
Two wrongs can never make a right. The fact that the Nigerian state indulges in mass murder does not mean that their victims must also soil their hands with innocent blood.
And if anyone doubts that the Nigerian state is indeed a brutal and bloodlusting killing machine which seeks to crush dissent and silence those that do not key into its inherent barbarism then I challenge them to find out how many young innocent Igbos are being targeted and killed by security forces in Obigbo, Rivers state today in the name of fighting IPOB.
According to Amnesty International in Obigbo innocent people have been kept in inhuman conditions in a 24 hour curfew for the last 10 days without access to medicare, food, water and power and there are  reports of extrajudicial killings with dead bodies all over the streets.
The group torture, psychological trauma and mass murder of Igbo people for whatever reason and under whatever guise in Obigbo is unacceptable. I condemn it in the strongest terms.
Where is our humanity? Must the Igbo always be slaughtered like flies in Nigeria? Do they not have red blood too? Does any race or human being deserve this type of targetting and treatment?
I condemn the killing of security agents by anyone in that community but does that mean that every Igbo there must be treated like a prisoner of war or massacred?
What moral right do we have as southerners to complain when northerners kill our people when we in the south are so ready to kill one another in such a barbaric and cruel way?  Today I weep for the South and I weep for Nigeria.
Children and youths were massacred by soldiers at Lekki Toll Gate in Lagos just two weeks ago and today children and youths, of Igbo extraction, are being targeted, hunted down like animals and massacred by soldiers in Obigbo in Rivers state. This inexplicable MADNESS and unconciable BLOODLUST must stop!
If the truth be told the real terrorists in this country are in Aso Rock and not on the streets of Igboland or in the ranks of IPOB.
Calling for a referendum and seeking to peacefully exercise your right of self-determination after being subjected to and confronted with 60 years of subjugation, murder, ethnic cleansing, tyranny and genocide does not make  you a terrorist, it makes you a courageous man of conscience and a freedom fighter.
I am not from the old Eastern Region of Nigeria and therefore I am not a member of IPOB. I hail from the old Western Region where we have our own struggles and where we also seek to chart our own course and determine our own future.
That struggle is for either restructuring of the country or, failing that, the peaceful establishment of our own nation which we shall call Oduduwa Republic.
This is a noble quest because Nigeria has failed us just as it has failed everyone else. And if things do not change quickly it is a quest that will be achieved sooner than later.
Yet the struggle for freedom is not for the Biafrans and the sons of Oduduwa alone: it is also for the ordinary people of the core North who have been through hell and who have been subjected to unprecedented levels of carnage and savagery.
Again it is also for the people of the Middle Belt and the so-called minorities of the north who have suffered for so long and who have been denied, deprived and suppressed more than any other people in Nigeria. They too shall be free from the yoke, bondage and cruelty of imperial Nigeria.
Permit me to conclude this contribution with the following. No matter how many IPOB members you torture, jail and kill and no matter how many of them you misrepresent and demonise, they cannot be stopped because an idea whose time has come cannot be successfully resisted.
Like the great Libyan warrior Omar Al Mouqthar who was known as the ‘Lion of the Desert’, their battle cry is “we win or we die”.
Like the gallant and courageous Patrick Henry, who led the American people in their struggle for independence from Great Britain, their song is “give me freedom or give me death!”
That is their story, that is their song and it is ours too. Freedom calls and liberty beckons: one million tanks cannot stop them and all the misrepresention, disinformation, misinformation and lies in the world cannot deter them.

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Had FFK Faced Mehdi Hassan, Nigeria Would Have Spoken With Fire 

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AHMAD GUMI: CLERIC OF BLOOD, FACE OF HATE 

Had FFK Faced Mehdi Hassan, Nigeria Would Have Spoken With Fire 

By Mohammed Bello Doka

 

 

 

In politics, timing is everything. In diplomacy, character is everything. And in moments of national importance, leadership must be entrusted to individuals who possess not only experience but courage, intellect and an unshakable commitment to the nation they represent.

 

It is for this reason that the appointment of Chief Femi Fani-Kayode as Nigeria’s Ambassador to a foreign nation stands out as one of the most consequential diplomatic decisions in recent years.

 

Chief Femi Fani-Kayode, better known in the South as “FFK” and in the North as “Sadauki”, is one of the most brilliant, experienced, accomplished, vocal, respected, educated, profound, intellectual, patriotic, disciplined, well-read, historically literate, versatile, forceful, persuasive, sophisticated, cosmopolitan, charming, eloquent, courageous and resilient men in Nigerian politics and he has paid his dues and proved his worth over the last 35 years in politics and political discourse.

 

 

In each role he has played he has excelled and succeeded even when he was in opposition.

 

 

His friends value him as a great and loyal defender and his traducers and political adversaries fear and respect him because when he goes to war he is utterly relentless, takes no prisoners and literally spits fire.

 

 

 

How I wish it was him that was interviewed by Mehdi Hassan of Al Jazeera and not the young and inexperienced Daniel Bwala because he would have not only humbled Hassan but also done Nigeria proud.

 

 

 

He played Bwala’s present role in the Presidential Villa 23 years ago as President Olusegun Obasanjo’s spokesman and not only brought the then President’s domestic enemies to their knees but also had a series of very hot exchanges with foreign Government officials like America’s Under-Secreatary of State for Africa Jendaye Fraser and the White House over the Charles Taylor issue and Liberia.

 

 

 

Tinubu decision to appoint him as an Ambassador for our nation was a wise one because he will fight for and protect the interests of Nigeria and the Nigerian community whetever he goes and will never sell his soul or bow to foreign imperialist interests.

 

 

 

His appointment is not about just rewarding loyalty for the key role he played in Tinubu’s presidentiel campaign organisation as Director of New Media and Special Operations in 2023 and the staunch support he has given the President over the last three years but also about putting a square peg in a square hole.

 

 

 

If you want to put Nigeria first Sadauki is the one to do it.

 

 

If he runs the Nigerian Mission in the country that he is sent to in the same way he ran the Ministry of Culture and Tourism and the Ministry of Aviation when he was Minister to each of them one after the other twenty years ago he will do very well and both our nation and whichever nation he is posted to itself will benefit from his efforts.

 

 

 

History teaches that diplomacy is most effective when nations deploy individuals who possess both intellect and courage.

 

 

 

As the American statesman Henry Kissinger once noted, “Diplomacy is the art of restraining power.”

 

 

 

To do so successfully requires deep historical awareness and strategic clarity—qualities that have long defined Fani-Kayode’s political career.

 

 

 

Sending a politically seasoned voice like FFK to any nation that is a key partner to Nigeria signals that Bola Ahmed Tinubu intends to strengthen Nigeria’s diplomatic posture with confidence.

 

 

Throughout more than three decades in the political arena, Fani-Kayode has remained one of the most resilient and outspoken figures in Nigerian public life despite numerous challenges which would have broken and destroyed lesser men.

 

 

Regardless of all that was thrown at him he continues to pull through and come out victorious which is why many refer to him as the “Akanda Eledumare” and the “Ayanfe Oluwa” which mean “the strange one of God” and “the beloved of the Lord”.

 

 

There appears to be a divine dimension to his life that makes him unstoppable and irrepressible even though his enemies are legion.

 

 

 

 

 

One wonders what sets him apart and makes him so different.

 

There is no doubt that his education played a part in it and this set him apart from most.

 

 

 

He never went to school in Nigeria but was educated from the age of eight in England starting off at Holmewood House School in Kent, one of the UK’s best and most famous Preparatory schools, after which he attended the famous Harrow School just outside London which is, together with Eton College, an institution that is the exclusive preserve of high society in the UK, one of the two best private schools in that country where only the ruling elite, the rich, the well-to-do, the famous and only a tiny proportion of those in British high society can afford or even qualify to attend.

 

 

No less than eight British Prime Ministers, including the great Sir Winston Churchill, and countless British cabinet ministers attended Harrow and so did many leaders, diplomats and top politicians from many foreign countries.

 

 

 

After finishing at Harrow he attended some of the top universities in the world, including London University (SOAS) and Cambridge University (Pembroke College) where he did so well.

 

 

 

As a matter of fact his great grandfather, Rev. Emmanuel Adelabi Kayode, attended Furrough Bay College which at that time was part of Durham University and graduated with an MA (Hons.) in Theology in 1893. His grandfather Justice Adedapo Kayode attended Cambridge University (Selwyn College) where he studied law and graduated in 1922. His father Chief Remilekun Fani-Kayode attended Cambridge University (Downing College) where he studied law and graduated in 1943. Sadauki himself graduated in law at Cambridge University (Pembroke College) in 1984 whilst his daughter Folake Fani-Kayode graduated from Durham University in 2009.

 

No African family has an uninterrupted streak of 116 years of Oxbridge-level university graduates except for the Fani-Kayode’s which is something that both his family and every patriotic Nigerian should be proud of.

 

 

It therefore makes perfect sense that a man from such a distinguished pedigree and intimidating lineage and that has such an extraordinary intellectual heritage should represent Nigeria on the international stage.

 

 

 

There is also his role in the debate on Gaza which made him a hero in the eyes of millions of people in the Global South both amongst Christians and Muslims.

 

 

 

He spoke out consistently about what he described as the genocide being committed against the Palestinians and he was prepared to put his life and career on the line for this cause even though most Nigerian leaders and politicians refused to say what he was saying publicly out of fear of the Zionist lobby and the Jewish state.

 

 

 

His sense of patriotism is unquestionable and nothing reflects this better than his series of essays written against Kemi Badenoch, the leader of the British Opposition Conservative Party and his write up against one Ben Llewelyn-Jones, who at that time was the Deputy British High Commissioner to Nigeria, when the former consistently sought to insult and denigrate Nigeria and the Nigerian people and the latter attempted to interfere in our internal affairs by making statements in support of Peter Obi and his Obidients in the 2023 presidential elections.

 

 

 

Sadauki successfully put them both in their place and when American Senator Ted Cruz, President Donald Trump, Congressman Tim Riley and other American politicians began to peddle the false narrative and fake gospel of Christian genocide and persecution in Nigeria Sadauki, a devout Christian himself, rose to the challenge and more than any other Nigerian wrote about the issue in a series of essays pointing out the fact that as many Muslims were being killed as Christians by the terrorists in our country and that Christians were not being persecuted by our Government and are in fact faring better when it comes to positions in the security apparatus and governance under Tinubu than they did in the previous administration.

 

 

 

He also spoke out boldly against President Trump and his administration when they accused the Government of South Africa of indulging in genocide against the white minority population in their country and pointed out the fact that South Africa, like Brazil, was a shining example of a successful multi-ethnic, multi-religious and multi-cultural nation that was treating its white minority population with the greatest respect. Few Africans said a word to defend South Africa at the time even though they knew that Trump was wrong but Sadauki did so without thinking twice.

 

 

 

He is clearly a strong Pan-Africanist and a believer in the importance of the African Union, African solidarity, the BRICS coalition and the Global South alliance comprising of China, Russia, South Africa, India, Saudi Arabia, Turkey and other emerging world powers.

 

 

This is commendable and it reflects his courage and disdain for those that display ignorance, disdain and contempt for our nation and people and that seek to denigrate and misrepresent us.

 

 

 

Sadauki is not the type that bows and quivers before Westerners like so many other Nigerian leaders and politicians but rather takes pride in his Nigerian culture, race, heritage and identity and is prepared to defend us and speak for us no matter whose ox is gored and who is involved.

 

 

 

In an increasingly competitive global environment, Nigeria requires diplomats capable not only of negotiation but also of defending national interests with conviction.

 

 

 

If the energy, eloquence and intellectual fire that have defined Fani-Kayode’s political life accompany him to the country to which he has been posted, his tenure may well become one of the most consequential chapters in Nigeria’s modern diplomatic engagements.

 

 

 

I wish him well and I thank God that he is back in the saddle of public office after so many years.

 

 

What more could any of us ask of this great and noble son of Nigeria?

 

 

This is undoubtedly the quality of personnel and leaders that we need on the international stage.

 

I hope and pray that in his endeavours and during the course of his work he meets with Mehdi Hassan in a debate and prove to him and the rest of the world that Nigeria still has men that can not only match them but that can also remove their trousers in any verbal encounter. Bwala put us to shame but FFK can redeem us before the eyes of the world.

 

 

 

 

 

 

(Mohammed Bello Doka, the author of this essay, is the publisher of Abuja Network News and can be reached via [email protected])

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Sunday Igboho Hails IBD Dende’s Exceptional Generosity and Loyalty

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Sunday Igboho Hails IBD Dende’s Exceptional Generosity and Loyalty

By Adeyemi Obadimu

 

 

A prominent Yoruba nation activist, Sunday Igboho, has publicly commended renowned businessman and philanthropist, Ibrahim Egungbohun, popularly known as IBD Dende, for what he described as extraordinary generosity and unwavering support during one of the most challenging periods of his life.

 

 

Speaking about his experience following his release from detention in the Benin Republic, Igboho disclosed that IBD Dende reached out to him immediately to inquire about his welfare and next destination. According to him, when he explained that he was planning to travel to Germany and that the cost of flight tickets for himself and his wife amounted to ₦6 million, Dende requested his bank details.

 

 

In a remarkable show of goodwill, Igboho revealed that Dende transferred ₦20 million to his account far above the stated travel expenses with the reassurance that the extra funds could assist with other pressing needs.

 

 

Igboho further recounted that upon his eventual return to Nigeria, despite ongoing financial restrictions, IBD Dende was the first person he met. At that meeting, the businessman reportedly provided an additional ₦10 million to enable him host visitors and manage immediate responsibilities, particularly as his bank account remains frozen.

 

 

The activist also expressed profound gratitude to former Oyo State Governor, Rasheed Ladoja, whom he credited for resolving issues between him and President Bola Ahmed Tinubu.

 

 

Describing Dende as a man of rare loyalty and compassion, Igboho stated that anyone who harbours ill feelings toward the businessman “is under a curse,” emphasizing the depth of gratitude he holds for the support he received.

 

 

The development has sparked conversations across social and political circles, further highlighting IBD Dende’s reputation as a philanthropist and influential figure known for standing by associates in difficult times.

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BUA Chairman Abdul Samad Rabiu Records Africa’s Biggest Wealth Surge, Net Worth Hits $11.2bn

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BUA Chairman Abdul Samad Rabiu Tops Africa’s Wealth Gains in the 2026 Forbes Rankings as His Fortune Jumps 120% to $11.2 Billion, Rising to 3rd Place; Aliko Dangote Remains No.1

 

Billionaire Industrialist, Philantropist, and Chairman of BUA Group, Abdul Samad Rabiu, has emerged as Africa’s biggest wealth gainer in the 2026 Africa’s Richest People ranking published by Forbes, after his net worth rose sharply over the past year.

 

According to the latest Forbes list, Rabiu’s wealth surged 120 percent to $11.2 billion, representing the largest increase recorded among the continent’s billionaires in the latest ranking. The jump moves Rabiu, who is Nigerian, to third place among Africa’s richest individuals, up from sixth position a year ago.

 

The rise in Rabiu’s fortune was driven largely by the strong performance of BUA Cement, his flagship publicly listed company, whose shares surged by 135 percent over the past year. The rally significantly outpaced gains in the broader Nigerian Exchange, which has itself recorded strong growth amid improving investor confidence.

 

Forbes estimates Rabiu’s net worth at $11.2 billion, placing him behind luxury goods tycoon Johann Rupert, whose fortune is estimated at $16.1 billion, and Africa’s richest man Aliko Dangote, who retains the top position with an estimated $28.5 billion.

 

Rabiu’s rise underscores the growing influence of Nigeria’s industrial sector and the expanding footprint of BUA Group, which has built major operations across cement manufacturing, food processing, sugar refining, infrastructure, mining and energy.

 

The latest Forbes ranking also highlights a broader surge in wealth across Africa’s billionaire class. The continent’s 23 billionaires now hold a combined net worth of $126.7 billion, representing a 21 percent increase from the previous year, as major equity markets rallied and regional currencies stabilised.

 

Nigeria remains one of the continent’s leading centres of billionaire wealth, accounting for four individuals on the list, including Dangote, Rabiu, telecommunications magnate Mike Adenuga, and energy investor Femi Otedola.

 

Forbes said the 2026 ranking was calculated using stock prices and exchange rates as of March 1, 2026, with privately held companies valued using comparable industry benchmarks.

 

Rabiu’s leap in the ranking reflects not only the strong performance of BUA Cement but also the broader momentum of Nigeria’s capital markets and the continued expansion of large scale industrial enterprises across Africa’s largest economy.

 

Analysts say the development signals growing investor confidence in African manufacturing and infrastructure driven businesses, sectors that are increasingly central to the continent’s economic transformation.

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