Nigeria's 2nd Richest Man Abdul Samad Rabiu Donates Over N1.9bn To Reconstruct Kaduna Mosque

Nigeria's 2nd Richest Man Abdul Samad Rabiu Donates Over N1.9bn To Reconstruct Kaduna Mosque

  • Nigerian billionaire, Abdul Samad Rabiu, has decided to help rebuild a collapsed central mosque in Kaduna State
  • Details show that the billionaire committed over N1.9 trillion to the mosque's reconstruction
  • The industrialist is a well-known philanthropist, a mission he carries out through his nonprofit organisation, ASR Africa

The founder of the BUA Group, Abdul Samad Rabiu, has donated N2 billion ($2.5 million) to reconstruct the Zaria Central Mosque in Kaduna state.

In August, Legit.ng reported that a section of the mosque collapsed, leaving four worshippers death while seven others sustained injuries.

Abdul Samad Rabiu Mosque
Abdul Samad Rabiu is a well-known philanthropist. Photo credit: Bloomberg / Contributor
Source: Facebook

The 150-year-old mosque is one of the sights to behold in the ancient city.

Rabiu makes huge donation

Rabiu donated to reconstruct the mosque at a fundraising event in Abuja attended by former Nigerian Vice President Namadi Sambo on Saturday, October 13, 2023.

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At the event, he said:

“Giving back to society, helping and supporting communities, making positive impacts, and aiding those in need is very close to my heart. This is what I aim to continue doing in the future, God willing."

Nigeria's second richest man is one of Africa's notable philanthropists through its ASR Africa.

ASR Africa, a nonprofit organisation, founded in 20221, focuses on healthcare, education, and social sectors.

Report shows that the organisation committed $100 million to its initiatives.

Other philanthropic acts by Abdul Samad Rabiu

  • ASR Africa donated $3 million for a development initiative in Niger Republic.
  • ASR Africa also refurbished the neonatal unit at Gwarimpa General Hospital and donated over 80 pieces of new, modern equipment.
  • Three ambulances to bolster Ekiti State's healthcare system were also donated.
  • Also the group donated and handed over a newly built 150-bed hospital to the Nigeria Police in Abuja.
  • Another N10 billion to the Nigeria Security Support Fund to provide security equipment, medical supplies, upgrades to health facilities, and other infrastructure for families of those on the frontlines.
  • $1.1 billion was donated to the NDLEA to combat drug abuse in Nigeria.

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Dangote, Rabiu make over N300bn in just one week to move up in global ranking, Adenuga stays 3rd

Legit.ng earlier reported that Africa's richest man, Aliko Dangote, and Rabiu experienced a substantial boost in their net worth.

Data from Forbes shows that the two wealthiest men in Nigeria added $500 million (about N384.75 billion) to their net worth within a week( between August and to August 20, 2023), propelling them further up the global wealth ranking.

However, the net worth of the third richest man in Nigeria, Mike Adenuga, was unchanged.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.