Nigerian billionaire Abdul Samad Rabiu loses $198 million in almost two months
Rabiu, the chairman of BUA Group, owns 99.81 percent of the agro-allied company.
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Rabiu, the chairman of BUA Group, owns 99.81 percent of the agro-allied company.
Coumantaros controls a majority 63.34-percent share in the company valued at $209.1 million.
BUA Foods is a consolidated food business controlled by Rabiu, who owns 99.8 percent of the business.