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Showing posts with the label FORBES 2014 LIST NIGERIAN BILLIONAIRES

FORBES RELEASES NEW BILLIONAIRE'S 2014 LIST!! THERE IS A NEW NIGERIAN BILLIONAIRE ON THE LIST!! WE LOVE IT! PLUS DANGOTE MOVES UP THE LIST!!

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Forbes just released its annual bilionaires list and you will not believe this, but there is a new billionaire in  town. First off can we just say how we love the picture above? Dangote is front and center. That is what you call inspirational. He also moves up the list. Nigerian Millionaire Builds $500 Million Cement Plant To Rival Billionaire Dangote That is how Forbes tagged the new Nigerian on the list. Abdulsamad Rabiu, Chairman, BUA Group Nigerian multi-millionaire tycoon Abdulsamad Rabiu is reportedly constructing a $500 million ultra-modern cement plant in Edo State in the south of Nigeria. The cement plant, which will have a three million metric tonnes per annum (mtpa) capacity, is near completion and is expected to be commissioned early next year.  Abdulsamad Rabiu  disclosed this much last week in London during the signing of a $35 million contract agreement between his company,  BUA Group  and Siemens  for the construction of ...