Dangote, Flour Mills, BUA in bitter sugar war
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By Kenneth Ehigiator
Three Nigerian conglomerates – Dangote Group, Flour Mills and BUA Group are currently locked in a bitter war over production and export of sugar. Chairman of Dangote Group of Companies, Alhaji Aliko Dangote, and Chairman of Flour Mills Nigeria, Mr. John Coumantaros, had on January 28,2021, written the Minister of Industry, Trade and Investment, Niyi Adebayo, accusing BUA’s refinery in Bundu Free Trade Zone in Port Harcourt of undermining the national sugar master plan, NSMP.
BUA Group has fought back at claims by Dangote Industries Limited and Flour Mills of Nigeria that its sugar refinery “poses a threat” to the Nigerian local sugar industry.
BUA says its export-focused sugar project will create jobs and checkmate price hike
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