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Number 51 on the 2025 list
Abdul Samad Rabiu is a founder and chairman from Nigeria, named to the AFN 100 in 2025 for nearly doubling BUA Foods' profit on sugar, flour, pasta and rice.
In 2025 BUA Foods, the staples maker chaired by its 92.63% owner Abdul Samad Rabiu, nearly doubled its profit. Nine-month profit reached N405.2 billion on revenue of N1.42 trillion, and full-year results showed revenue of N1.77 trillion and profit after tax of N518.4 billion. Its growth came from fortified sugar, bakery flour, pasta and rice made under BUA Sugar Refinery, IRS Flour, IRS Pasta and BUA Rice.