@BSAT_Properties The problem I have with them is that, when they are asked to shoot at innocent protesters, they do it. They know what is wrong with the system but they are not ready to correct it.
@Agriculturenott Una go kill us finish for this Nigeria with fertilizer. While politicians are killing us on the right and left, your class of another set is killing us in front and behind. Can we apply caution here?
If the monies Wike and co keep stealing from the Niger Delta treasury is used to do one of such things, I won't be angry at them. But they just steal and waste wealth.
Nigeria's second-richest man, Abdulsamad Isyaku Rabiu, yesterday appointed his first son and the heir to his vast wealth, Isyaku Abdulsamad Rabiu jnr, to the BUA Foods management team.
The media-shy young man was appointed as Chief Officer, Global Procurement and Strategic Operations for BUA Food.
Here is one favourite fact about the young man.
Abdulsamadu Samad Rabiu (Jr) is the richest young Nigerian within the age bracket of 20’s and 30’s.
The young man is currently worth N115.41 billion as of the end of January 2022.
In just one month in January, the young man quietly added 43 billion naira to his wealth.
How then, did the young man who is a Wizkid fan become this rich at such a relatively young age?
His father, Nigeria's second richest man, Rabiu Isyaku Abdulsamad, started a business group called the BUA Group in 1985 from scratch.
The group has a lot of investment in the country's economy and business sectors, with a focus on sugar, cement, ports, real estate, agricultural produce, oil, and mills. He also imports rice, edible oil, flour, and iron and steel products.
For those that did not know, Samad's dad is the owner of BUA Cement, the second-largest cement company in Nigeria after Dangote.
He also owns BUA foods.
Having grown the business from scratch to the global conglomerate that it is today, the founder listed two of his businesses, BUA Cement and BUA Foods, on the Nigerian stock exchange.
Because of his father’s generosity, Samad has 1.79 million direct stakes in BUA Foods, representing 9.96% of the company, courtesy of his father, who gifted the shares to him for free.
Together with his father, he owns a 99.8% controlling interest in BUA Cement.
So when you calculate the shares the young man has in their family business, BUA Foods and BUA Cement, it is currently worth 115 billion naira. (It should be more than this because of the astronomical rise in price of BUA foods over the years.)
At the moment, Rabiu Jnr is not allowing the enormous wealth he controls to influence him, as he is grounded (he is not even on Instagram) while doing his day job at the family business as the Executive Director of the food and agriculture arm of BUA Group, making him the youngest Executive Director in this part of the world before his recent promotion yesterday.
The Isyaku Naziru Rabiu Jr story reminds us again that you win the birth lottery when you are born into the right family and the right country.
Most importantly, talent is universal, but the opportunity to be a megabillionaire at this young age without lifting a finger is not available to everybody.
Copied.
Kwara Mass@cre: “As Muslims We Believe in Destiny” — Gov Zulum Tells Victims During Condolence Visit Following Att@ck that Claimed 170 Lives
Vice President Kashim Shettima led a Federal Government delegation on Saturday to Kaiama Local Government Area in Kwara State following a d+adly t%rrorist att+ck on Nuku and Woro villages that k+lled over 170 people.
Borno State Governor Babagana Zulum, who joined the visit, comforted the victims’ families, saying, “As Muslims, we believe in destiny, but it is our sincere prayer that this kind of tragedy will not happen again.”
Shettima assured that President Bola Tinubu had ordered the deployment of a Nigerian Army battalion to restore peace. He also said the President directed the National Emergency Management Agency (NEMA) to provide relief to displaced residents.
“We are here on behalf of President Tinubu to commiserate with the people of Kwara State over this tragic loss,” Shettima said. He described the victims as peaceful citizens att@cked while going about their daily lives and noted the incident shocked Nigerians.
While confirming the army deployment, Shettima did not disclose details of security operations, citing the sensitivity of counterterrorism efforts, but assured that “all hands are on deck” to stabilize the area. Zulum, chairman of the North-East Governors’ Forum, extended condolences on behalf of insurgency-hit states.
... that mistake again if not her sister will die. The family looked for the ransom at that point. Our security agencies have been fully compromised because of personal gains.
Some people will ask how he knew. A colleagues elder sister was kidnapped two years ago in the eastern part of Nigeria. When they called for ransom, she was told not to inform the police. Well she did. They called her again and warned her never to make...
🇬🇧🇳🇬 The President of the Federal Republic of Nigeria, Mr. Bola Ahmed Tinubu, accompanied by the First Lady, Mrs. Oluremi Tinubu, has accepted an invitation from His Majesty The King to pay a State Visit to the United Kingdom from Wednesday, 18th March to Thursday, 19th March 2026. The King and Queen will host the State Visit at Windsor Castle.
The minister for power should ask Nigerians what he should do to rectify this. No be him be the first minister for power. Just ask for suggestions and have it