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Dangote, Flour Mills Petition FG, Oppose New Sugar Refinery by BUA
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Backward integration in sugar industry at crossroads
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Crediting institutional reforms at the Sugar Council
Dr. Latif Demola Busari
Whatever that has a beginning, surely and naturally too, has an end. In same manner and fashion, every story, journey, odyssey, reign, expedition or human activity has an end, but conversely, every ending is equally a new beginning. Essentially, our sojourn here on earth is marked by a beginning and an end.
For Dr. Latif Demola Busari, whose four year’s tenure and final term as the Executive Secretary of the National Sugar Development Council reaches its crescendo this week, having been earlier reappointed for a second term in 2017 by President Muhammadu Buhari, it is indeed the end as the helmsman at the NSDC, but a new beginning as he pursues other interests in life. Without a shred of equivocation or pandering to sentiments, his stewardship or stint as the Executive Secretary of the Council was marked by a litany of institutional reforms, sector-specific policies, initiatives and programmes gea
The Chairman and Founder of the BUA Group, Alhaji Abdulsamad Rabiu in this interview spoke about a wide range of issues which included opportunities in the African Continental Free Trade Area agreement as well as the need to liberalise the cement industry so as to boost production and subsequently crash the price of the commodity. Obinna Chima and Goddy Egene provide the excerpts:
The BUA Group recently sealed a deal for a refinery project, can you take us through the expectations from that project and when is it expected to be commence production?
Nigeria is consuming a lot of petroleum products and we spend a lot of revenue in importing refined products. We spend a lot of money to transport crude oil and bring back the finished products. Most people ask why we are setting up a refinery when a big project that people believe would be producing a substantial amount is coming up. I believe Nigerians consume about 50 million litres per day. Then again, if you look at the region, ther
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