• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

Dangote, BUA reconcile over sugar plant dispute after meeting with Ganduje, others

Chike Olisah by Chike Olisah
April 15, 2021
in Business, Manufacturing
Buy what? Dangote vs BUA Cement
Share on FacebookShare on TwitterShare on Linkedin

The Kano State Governor, Abdullahi Ganduje and other prominent personalities in the state have waded into the dispute between two of Nigeria’s cement manufacturing business moguls, Alhaji Aliko Dangote and the Chairman of BUA Group, Abdul Samad Rabiu, in hopes of reconciling both men who are also prominent indigenes of Kano State.

The dispute between both men had hitherto, been about the establishment of a sugar refinery by BUA Group in Port Harcourt, Rivers State.

The intervention of the Kano state governor was disclosed in a statement issued by the Chief Press Secretary to the Governor, Abba Anwar, on Thursday in Kano, stating that the reconciliation meeting took place on Wednesday in Abuja.

RelatedStories

BUA Group commits $65 million to Rivers Port Terminal reconstruction, no public funds involved

BUA Group commits $65 million to Rivers Port Terminal reconstruction, no public funds involved

June 2, 2025
Obasanjo’s Economic Team, Dangote Refinery, and the $1 Trillion Dream – Drinks and Mics

Obasanjo’s Economic Team, Dangote Refinery, and the $1 Trillion Dream – Drinks and Mics

March 29, 2025

READ: BUA Group, FAVA of Italy sign agreement for supply and installation of a 720tons/day pasta processing plant in Nigeria

The statement also disclosed that Alhaji Aminu Dantata, Kano Emirate and the Kano State Council of Imams joined the governor in the reconciliation meeting.

Anwar said that after the meeting, Dangote and Rabiu agreed to work together to supply enough sugar to satisfy the demand of the country adding that the meeting has put a stop to all rumours that the duo were in dispute over sugar business control in the country.

He said that they all dismissed allegations that Dangote wants an increase in sugar price, and so was putting pressure on BUA to give in to the increment describing the allegation as baseless and lacking any iota of truth.

READ: BUA says its export-focused sugar project will create jobs and checkmate price hike

The meeting is seen as the climax of other similar efforts to reconcile the two giants by the governor with Alhaji Aminu Alhassan Dantata playing the role of a father during the meeting.

Also at the meeting were the Minister for Commerce, Trade and Investment, Mr Niyi Adebayo and representatives of the Kano Emirate, Alhaji Aminu Dan-Agundi, Chairman of the Council of Kano Imams, Sheikh Muhammad Nasir-Adam, the Chief Imam of Sheikh Ahmad Tijjani Mosque, Kofar Mata, Kano and the Chairman of NEPZA, Adamu Panda.

The two business moguls agreed to work together in unity for the growth and development of the nation.

READ: Dala Inland Dry Port set to take off after N2.3 billion investment – Kano Govt.

In case you missed it

Recall that some days ago, there were media reports that Dangote complained about the establishment of a sugar plant by BUA International Limited in the Port Harcourt free trade zone, saying it was out of tune with export laws.

Dangote, the Chairman of Dangote Sugar Refinery, in a letter jointly signed with John Coumantaros, Chairman of Flour Mills of Nigeria Plc, a fellow sugar refiner, told the Minister of Industry, Trade and Investment, Niyi Adebayo, that BUA intends only on importing and refining raw sugar whilst claiming to be investing in developing sugar plantations in order to qualify for quotas to import raw sugar.


Follow us for Breaking News and Market Intelligence.
Tags: BUA groupDangoteGanduje
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

BUA Group commits $65 million to Rivers Port Terminal reconstruction, no public funds involved
Business News

BUA Group commits $65 million to Rivers Port Terminal reconstruction, no public funds involved

June 2, 2025
Obasanjo’s Economic Team, Dangote Refinery, and the $1 Trillion Dream – Drinks and Mics
Digital Media

Obasanjo’s Economic Team, Dangote Refinery, and the $1 Trillion Dream – Drinks and Mics

March 29, 2025
Why Econet founder, Strive Masiyiwa’s net worth dropped by $1.2B in 12 months
Sectors

Zimbabwean billionaire, Masiyiwa says idea to build Africa’s 1st AI factory inspired by Dangote, Obasanjo

March 25, 2025
BIG READ: Low patronage sparks fear of job losses for petrol stations  
Energy

Petrol price war between NNPCL and Dangote hurting independent marketers – IPMAN

March 14, 2025
Naira’s Fall, UCAP’s Big Returns & Dangote’s ₦402bn Tax Bill | Market Weekly
Digital Media

Naira’s Fall, UCAP’s Big Returns & Dangote’s ₦402bn Tax Bill | Market Weekly

March 11, 2025
How Much Money Do You Need To Start Investing?
Digital Media

MTN, Nestlé Report Massive Losses While Dangote, BUA, Lafarge Cement Post Big Profits!

March 3, 2025
Next Post
Stocks drop after the S&P 500 sets a new high

Heavy sell-off in PZ & Unilever shares leads to N6.09 billion market value loss

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • U.S. Embassy and Consulate in Nigeria to close on July 4 for Independence Day observance 
  • Gov. Alex Otti’s N50 billion Suit: Facebook user accused of defamation, court accepts key exhibits 
  • GTCO to list ordinary shares on London Exchange, targets global capital and higher market volume 

Follow us on social media:

Recent News

US says Nigerians overstaying their visas face permanent ban, criminal prosecution

U.S. Embassy and Consulate in Nigeria to close on July 4 for Independence Day observance 

July 3, 2025
Federal High Court, REA

Gov. Alex Otti’s N50 billion Suit: Facebook user accused of defamation, court accepts key exhibits 

July 3, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics