Dangote vs BUA: Borrowing from Ganduje’s initiative | The Guardian Nigeria News - Nigeria and World News

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ICYMI: Dangote vs BUA: Borrowing from Ganduje’s initiative | The Guardian Nigeria News - Nigeria and World News

Abdullahi Umar Ganduje, Governor of Kano State who seems to be brushing aside that retrogressive weapon called political correctness to be a significant bridge builder between the North and the South appears to have realised too that he needs to be a peacemaker at home at this time.

Then it was reported that Nigerian conglomerate BUA group had accused Dangote group of trying to force it to relinquish mining rights in a limestone field as part of a bid to monopolise the cement market and asked the president to intervene, according to a letter BUA’s chairman authorised. “Our cement business has of late come under intense, consistent attacks … as the minister, Dangote group and their cohorts have sought to employ instruments of state … to forcefully wrest control of our mining areas,” BUA said in a letter to President Muhammadu Buhari. Rabiu called on Buhari to investigate. He said the company was under pressure to relinquish its mining area to Dangote.

While that is being developed to meet the country’s demand volume, the NSDC allocates quotas of sugar extract firms can bring into the country based on its backward integration investment size. Dangote Sugar Plc, supported by Flour Mills of Nigeria Plc, two of Nigeria largest sugar makers, argues that BUA has not met the backward integration requirement of the government to set up a new refinery, which they believe would confer an advantage on the firm.

 

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