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Home » Blog » Nigerian billionaire, Rabiu joins Africa’s elite yacht owners with Italian Baglietto
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Nigerian billionaire, Rabiu joins Africa’s elite yacht owners with Italian Baglietto

Dejo RichardsBy Dejo RichardsFebruary 19, 2026No Comments1 Min Read
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Nigerian industrialist Abdul Samad Rabiu has commissioned a 60-meter superyacht from Italian shipbuilder Baglietto.This luxury yacht project places Rabiu among a select group of Nigerian and African elites who own large, custom-made vessels.Baglietto is renowned for crafting high-end yachts in the 40-60 meter range and is a top choice for wealthy clients seeking prestige.Rabiu, through his BUA Group conglomerate, is one of Nigeria’s wealthiest businessmen with major interests in cement and manufacturing.

Rabiu wrote simply: “60 metres in the making. Thanks, Fabio and James. #ASR,” signaling the project is underway or in early planning stages.The yacht, a large-scale luxury build, positions Rabiu within a select group of Nigerian tycoons who regularly commission bespoke assets in Europe. At 60 meters, the vessel falls within Baglietto’s upper-tier offerings, typically designed for long-range cruising with charter-level amenities.

Industry insiders note that such projects require custom naval architecture, extensive engineering, and a multi-year construction period, depending on specifications and yard capacity.

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