Abdul Samad Rabiu, wey be chairman of BUA Group and Africa second richest man, don take delivery of brand new Bombardier Global 8000 private jet. The jet price around $81 million, according to wetin Rabiu post for im Instagram page.
The deal wey dem sign for BUA Dubai office come after weeks of quiet negotiation. With this, Rabiu become one of the early African owners of this ultra-long-range business jet. When dem add bespoke interiors, the jet fit cost up to $85–95 million.
The Bombardier Global 8000 na ultra-long-range private jet and the fastest civilian aircraft since Concorde. This new jet go join BUA corporate fleet, wey already get Challenger 350 and Global 6500. So now, the conglomerate get one of the most advanced private aviation fleets wey any African business group own.
Rabiu don enjoy strong financial run as we dey move toward 2026. By time wey dem sign the Bombardier deal for December, e don already pass both Mike Adenuga and Nassef Sawiris to become number four among Africa richest individuals.
Rabiu dey oversee diversified conglomerate with interests for cement, sugar refining, agriculture, and real estate. Im flagship asset, BUA Cement, don be key driver of im wealth. BUA Cement shares don rise 135% over the past year, wey dey outperform Nigerian stock market wey gain 81% for same period. Dis na because of strong corporate earnings and increase pension fund participation for equities. BUA Foods don also deliver strong performance even with macroeconomic pressures.
