Abdulsamad Rabiu Hosts Femi Otedola Aboard “The Raniya” in the Mediterranean
Abdulsamad Isyaku Rabiu of BUA Group welcomed fellow billionaire Femi Otedola aboard his luxury yacht, The Raniya, cruising the Mediterranean. The two discussed partnership opportunities against a backdrop of sun and sea. Abdulsamad’s father, Khalifa Isyaku Rabiu, founded Isyaku Rabiu & Sons in 1952. Initially trading sewing machines, books and bicycles, the company later expanded into textiles, automotive distribution, food and real estate. Khalifa Rabiu was also a major philanthropist and political financier in the 1970s and 1980s. Femi Otedola is the son of Sir Michael Agbolade Otedola, former governor of Lagos State. Sir Michael began his career in journalism in the UK and Nigeria, led communications for Mobil Oil Nigeria and established a leading printing press in Lagos. He served as governor from 1992 until 1993 before returning to his publishing business.
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