Nigerian entrepreneur, Rabiu joins Africa’s elite yacht owners with Italian Baglietto 60-meter build

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 Nigerians 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, sugar, flour, and infrastructure

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.

BUA Cement, part of his portfolio, is a key player in West Africa’s building materials market, while his broader industrial ventures in manufacturing and energy have cemented his status, among the continent’s wealthiest entrepreneurs.

The company has delivered numerous high-end builds across Europe, making it a top choice for wealthy African clients seeking prestige and performance. While Baglietto has not publicly confirmed the contract, Rabiu’s post strongly indicates the partnership is confirmed.

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