BUA Chairman, Rabiu Acquires Another Private Jet

Chairman of BUA Group, Abdul Samad Rabiu, has taken delivery of a Bombardier Global 8000 private jet valued at approximately $81m (about N110bn), further expanding the conglomerate’s corporate aviation fleet.

Rabiu announced the arrival of the aircraft via his Instagram Stories, expressing gratitude to God for the milestone achievement.

The newly delivered Global 8000 joins BUA Group’s existing aviation assets, which include a Bombardier Challenger 350 and a Bombardier Global 6500, reinforcing the company’s growing investment in business aviation.

The acquisition follows the signing of a purchase agreement on December 4, 2025, at BUA Group’s Dubai office during a meeting between Rabiu and senior executives of Bombardier, the Canadian aircraft manufacturer.

Speaking at the time of the agreement, Rabiu described the purchase as both a strategic business tool and a reflection of BUA Group’s long-term growth ambitions as the company continues to expand across multiple industries and international markets.

According to Bombardier, the Global 8000 is designed to combine industry-leading speed and range with a spacious cabin featuring four distinct living areas.

The aircraft is expected to offer the longest range in its class while maintaining one of the fastest operating speeds in business aviation.

With a maximum range of approximately 8,000 nautical miles, the jet can undertake nonstop intercontinental flights on routes that would typically require refuelling stops for smaller aircraft.

Its cabin layout allows for flexible configurations that support work, dining, relaxation, and private sleeping arrangements during long-haul journeys.

Industry analysts note that ownership of an aircraft in the Global 8000 class comes with high operating costs. Annual expenses are estimated to range between $1.8m and $2.9m, depending on factors such as flight hours, maintenance requirements, crew costs, and route complexity.