In a statement released Monday by his spokesperson, Mallam Garba Shehu, the President addressed Malami's passing.
According to Buhari, who was reporting from Cairo, Egypt, where the deceased man died away, the news of the death of the former Sarkin Sudan of Wurno, a prominent title in the Sultanate, is "such terrible and sad news.
“I am absolutely stunned to hear this.
“It is another reminder of how fragile life is.
“He was a business leader respected globally who believed in this country’s economic prowess.
“He was an icon of business and industry and a graceful traditionalist.
‘‘His passing is a big loss to the nation.
“Condolences to his family and friends, the Sultanate and the government and people of Sokoto State.
“May his soul rest in peace.”