Abdul Rabiu Samad, CEO/Chairman of BUA Group, has become the second-richest person in Nigeria, surpassing Mike Adenuga.
Rabiu’s net worth is now estimated at $7.2 billion, marking a significant increase of nearly $1.9 billion in the past week.
The surge is attributed to the valuation of BUA Foods, with shares experiencing substantial growth.
Adenuga’s net worth currently stands at $6.6 billion, as his mobile phone network, Globacom, faced reassessment by Forbes.
Despite the dynamic nature of wealth rankings, Aliko Dangote maintains his position as the wealthiest individual in Nigeria.
