Nigeria’s second richest man, Abdul Samad Rabiu, will get a total of N324.38 billion in final dividends from the country’s second largest cement maker, BUA Cement, after the company’s nearly fivefold profit rise in 2025.
Rabiu, the chairman of the BUA Group, personally controls more than half of BUA Cement holdings, making him the largest shareholder.
With a final dividend of N10 per share declared, the industrialist will receive roughly N189.75 billion in gross dividends from his direct stake alone. An additional N134.6 billion will accrue to BUA Industries Limited, the holding company he controls.
