Abdul Samad and Nduka Obaigbena
By GARBA SHEHU
This year, the Leadership newspaper is conferring its prestigious Man of the Year award on two Nigerian icons in recognition of their leadership journeys:
Prince Nduka Obaigbena, one of Nigeria’s most famous and admired media figures, is a man who shaped, and continues to shape different eras in Nigerian journalism.
Abdul Samad Isyaku Rabi’u, born on August 4, 1960 is a Nigerian billionaire businessman and cement magnate.
His is a name that goes far beyond the boardroom. While he is renowned as the chairman BUA Group of Companies which he transformed into a global business empire, his contributions extend well beyond the corporate world.
Abdul Samad’s philanthropy is a beacon of hope for millions, and his selfless giving continues to leave lasting impressions on Nigeria, Africa and the world.
By showing that business can move beyond the notion of profit, Samad, as fondly called by friends has showcased how true leadership is not only about business success but also about creating a lasting social impact.
As the executive chairman of BUA FOODS, he drove the expansion of the conglomerate into Nigeria’s most capitalized company, with a share price of approximately ₦760.60 and a market capitalization of roughly ₦13.69 trillion.
Currently, he is Africa’s second richest person with a net worth estimated at between $13 billion and $19 billion in 2026.
Samad has always stood for more than business. To Nigerians, he personifies kindness, purpose, and institution-building. He is Nigeria’s, indeed Africa’s philanthropic giant.
When the Covid-19 crisis rocked and racked livelihoods, lives and even nations across the globe, Nigerian business leaders formed what they called the Coalition Against COVID-19, known as CACOVID. Led by Aliko Dangote, Africa’s wealthiest man, the coalition was backed by Access Bank Group, Zenith Bank, Guaranty Trust Bank, and several others including the BUA Chairman, Abdul Samad.
Rather than solely funding temporary relief, which he noted was the major shortcoming of the CACOVID relief programs he and the others put in place, Abdul Samad seized the momentum to sharpen and accelerate his visionary legacy of transforming lives in Nigeria through philanthropy and social impact initiatives.
It’s the famous American author and motivational speaker Tony Robbins who said
“by changing nothing, nothing changes.”
Like a bolt from the sky, came in 2021, the Abdul Samad Rabi’u foundation, ASR Africa Initiative which is the brainchild of the industrialist and philanthropist, with an annual pledge of $100,000,000 (USD) with Nigeria to benefit $50,000,000 (USD) yearly and the rest of Africa, $50,000,000 (USD) in what is the largest private philanthropic giving of its kind by an individual on the continent.
He believes in using wealth to uplift society and to address some of the most pressing challenges facing humanity. From education to healthcare, water supply to rural development, Samad’s charitable efforts have touched countless lives.
As one of the world’s leading philanthropists of the 21st century, Abdul Samad’s compassionate ethos of giving is evident in his generous donations to education and healthcare.
ASR has built, among many other projects, a N310 million students hostel at the Federal University of Technology, Minna; a N270 million Abdul Samad Rabi’u Sports Complex at the University of Jos; N250 million admin block at the Federal University of Technology, Owerri; N250 million sports center at UNIPORT; N1 billion learning facility at UNILORIN; another billion Naira Integrated Agric Center at the Bayero University, Kano and a language center at the Nigerian Defence Academy, NDA.
North will reclaim presidency after Tinubu’s second term — Zulum
The foundation has, to its credit, several other projects including lecture theaters, auditoria, classrooms, libraries, laboratories, staff quarters and offices, ICT facilities, books, journals and periodicals, machines and other research equipment thrown at institutions of learning in Nigeria, Ghana and other African countries.
ASR Africa has also made contributions to the well-being of our defence and security agencies through projects such the N2 billion Naira Nigerian Navy medical center in the FCT; a N500 million immigration staff accommodation for the Immigration Service and another N500 million for the Correctional Center (Prisons Service); a 150 bed mega hospital for the police in Abuja, and a hospital for the immigration service in Bauchi.
The foundation has built a palace for the Royal Igbogila Kingdom in Ijesha in Ogun State for N1 billion; a contribution of N5 billion to the IBB national library project and the ongoing construction of the Malam Abdulkarim Juma’a mosque in Zaria.
The history and extent of his passionate support for health and welfare is another little-known detail about Samad.
Through this foundation, he has enabled the construction and rehabilitation of healthcare facilities, equipping them, developing research capabilities for researchers, healthcare practitioners and community level service providers.
Among the many projects executed include a N2.5 billion teaching hospital at Akwa Ibom State University, Uyo, a N2.5 billion school of nursing at Sokoto State University in Tambuwal, a N2.5 billion school of health technology in Gwadabawa also Sokoto state; a N2.5 billion Oncology and diagnostic center in Ilorin; a N2.5 billion Stella Obasanjo Hospital in Edo state, a N250 million clinic at the Nigerian Law School as well as a record number of hospitals in Kano, Katsina, FCT, Bauchi and Sokoto given ambulances and tuberculosis centers. Ten states got kits for sexual assault repentance centers.
In his effortless stride of his giving, Samad sparked a national enthusiasm when he offered a cash reward package of up to USD1.5 million to the Super Eagles during the 2025 Africa Cup of Nations (AFCON) in January, 2025.
In the end, we lost the semi-final to the host nation, Morocco in a penalty shootout.
Despite the defeat, he still went ahead dishing out USD 500,000 in appreciation of the team’s “resilience, passion, and strong performance throughout the tournament.”
Through philanthropy and strong conviction with an eye on nation building, Abdul Samad continues to create and support countless social uplift programmes in areas such as health, education, national security, water, sports , livelihoods and social welfare, all with one core purpose — to improve the quality of life of those it touches at home in Nigeria and other countries in Africa.
His selection as the 2026 “Man of the Year” by the Leadership Media Group is an eloquent testimony to why Abdul Samad, a major global player, matters.
… And Nduka Obaigbena.
I have told my Nduka story on these pages before but given the importance I attach to it, its bears repeating.
Many years ago, we met at his instance to decide if would partner with him in his upcoming magazine, TheWeek, with ties to the Time Magazine where Mr. Obaigbena had worked in the past.
After all has been said, our representative at meeting asked an important question:
What happens if the beautiful dream crashes? Is there a fallback to it?
Our host, Nduka Obaigbena shoved aside the issue, saying we are all taking a risk, there is nothing to lose. None of us here has a family.
We, (I and my editor, Malam Kabiru Yusuf) decided that this would be a dangerous journey; the the guy is not a serious person, we concluded.
TheWeek took off and crashed but in its place, he went on to found ThisDay.
Malam Kabiru, with a few friends started the Daily Trust which has gone on to break so many barriers and myths and about the success or lack of it in publishing in Northern Nigeria.The Trust Newspapers are today printed simultaneously in Abuja, where they are headquartered in a five-story building, in Kano, Maiduguri, Lagos and Port Harcourt, the only one to so in the country.
Nduka Obaigbena has built ThisDay (Leaders and Company) into one of the country’s most respected media organisations, comprising not only the flagship ThisDay but also several other publications, and Arise International TV network.
Recognizing the potential importance of digital media, Nduka launched Lekeelekee, the first global social media platform built out of Africa, “blending Tik-Tok, X , WhatsApp into a culturally aligned , mobile-first experience for African and the diaspora.” Users say Lekeelekee is fun and easy to use.
In this growing communications empire, ThisDay has a reputation for thorough, accurate, and well-written journalism, setting standards for politics, economy, business and society reporting. Through this paper, Nduka gave this country its first all-color newspaper.
In 1998, the Nigerian Guild of Editors gave him an award in recognition of his transformative contributions to journalism and media in the country.
Arise continues to grow in size and reputation with a tradition of being a watchdog for misdeeds by politicians and aggressive interviewing techniques that have become a subject of discussion among communications scholars and practitioners. Nduka must be credited with a rare ability to create and manage this world class media empire and in the people he choses to run it, the choice of a top flight management team, and a willingness on his part to support the staff in and out of office, even when pressured to do otherwise.
In addition to being publisher, Nduka has led the Newspaper Proprietors Association of Nigeria, NPAN and is a patron of the Nigerian Press Organization, NPO, after leading it as president, giving him, overall, a latitude of authority, wealth, financial power, social privilege, and outstanding public respect.
*Shehu, OON, FNGE, is a former presidential spokesman.
By TUNDE RAHMAN A fresh thaw in relations between National Democratic Congress presidential candidate Mr…
The National Agency for Food and Drug Administration and Control (NAFDAC) has unveiled 600 pharmacists…
Borno State Governor Babagana Zulum has said the presidency will return to Northern Nigeria after…
Former Vice-President Atiku Abubakar has challenged the Federal Government to account for the savings from…
The Kaduna State chapter of the Miyetti Allah Cattle Breeders Association of Nigeria has alleged…
Borno State Governor Babagana Zulum has said more than 5,000 school structures were destroyed during…
This website uses cookies.