Nigerian billionaire Abdul Samad Rabiu gives Super Eagles $500,000 despite loss to Morocco

Nigerian billionaire Abdul Samad Rabiu has gone ahead with a $500,000 cash gift to the Super Eagles, even after Nigeria’s national team fell short against Morocco, a move that has drawn wide attention for its timing and tone.

In a statement shared on Instagram, Rabiu praised the players for their effort and composure, saying the result did not erase what the team represented to Nigerians at home and abroad. He described their performance as one marked by resolve and commitment, adding that the pride they inspired mattered beyond the final scoreline.

“To our brave Super Eagles,” Rabiu wrote, “you fought with your hearts, gave your all, and showed true courage and determination on the pitch. Though it wasn’t meant to be this time, you have made every Nigerian proud.” He said the team’s display of unity and effort deserved recognition, even without a win.

Rabiu said he would still honor the $500,000 pledge he made earlier in the tournament, framing the payment as a gesture of appreciation for the players’ work and the lift they gave to national morale. “Sometimes, even our best efforts don’t bring the outcome we hope for,” he said, adding that the team’s commitment and attitude were “worthy of celebration.”

The payment comes just days after Rabiu, whose net worth is estimated at $9.8 billion by Forbes, publicly announced a performance-based incentive package for the Super Eagles following their quarterfinal victory over Algeria. That win sparked nationwide celebrations and renewed optimism around the team’s chances in the competition.

In a post on X at the time, Rabiu said he would reward the players with $500,000 for a semifinal win, along with an extra $50,000 for every goal scored in that match. He added that the rewards would increase if Nigeria advanced to the final, pledging an additional $1 million for a championship victory, plus $100,000 for each goal scored in the final.

Taken together, the base commitments amounted to $1.5 million, excluding any goal-related bonuses. Rabiu described the incentives as encouragement for a team that had lifted spirits during a difficult period for many Nigerians.

Rabiu, founder of BUA Group, built his fortune through businesses spanning cement, sugar and food processing. In recent years, he has become an increasingly visible supporter of sports and social causes, often linking private contributions to moments of shared national interest.