Nigerian Billionaire Abdulsamad Rabiu Signs $600 Million Construction Deal With Chinese Firm

Bua Group, a Nigerian industrial conglomerate owned by Abdulsamad Rabiu, one of Nigeria's wealthiest men, has signed $600 million worth of contracts with Sinoma International Engineering Co, a Chinese cement manufacturing supplier, to construct a second production line of its largest cement plant in an effort to double capacity and expand its market share in Nigeria.