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Dangote Sugar denies involvement in price fixing, confirms letter to Minister against BUA

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Dangote Sugar Refinery PLC (DSR) has reacted to what it described as an online publication claiming that the company is engaging in price-fixing and is not honestly engaged in any Backward Integration Programme,as claimed.
In a statement on Thursday, Dangote Sugar vehemently refuted the allegations and assertions in their entirety.The statement further said the false allegations are geared at tarnishing the good name and brand of Dangote Sugar Refinery Plc and Dangote Industries Limited.
“DSR does not engage in artificial price manipulation of its products, either during the Holy month of Ramadan or at any other time. We have never ever increased price of our food items or commodities during the Holy month of Ramadan in the history of our operations” according to the Group Managing Director, Mr. Ravindra Singhvi. ....

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Dangote Sugar denies involvement in price fixing

Dangote Sugar denies involvement in price fixing
today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.

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Dangote, Flour Mills, BUA at War over New Sugar Refinery

•Dangote Sugar denies involvement in price fixing
James Emejo in Abuja
Africa’s richest man and Chairman of Dangote Industries Limited, Alhaji Aliko Dangote, and the Chairman of Flour Mills of Nigeria Plc, Mr. John Coumantaros, have said the establishment of a new sugar refinery plant in the country by BUA Group posed a threat to the attainment of the National Sugar Master Plan (NSMP) as well as sustainability of Nigeria’s local sugar industry.
They argued that the country currently has enough refining capacity to meet national demand.
In a joint petition to the Minister of Industry, Trade and Investment, Chief Niyi Adebayo, dated January 28, 2021, the duo protested the recent commissioning of a sugar refinery in Port Harcourt, Rivers State, by BUA International, one of the operators in the sugar industry. ....

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COVID-19: Active cases drop as NCDC discharges 217 patients

COVID-19: Active cases drop as NCDC discharges 217 patients
dailypost.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypost.ng Daily Mail and Mail on Sunday newspapers.

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Imo attacks: You are too hasty in your decision, summon aggrieved parties - Ibegbu tells Buhari

Imo attacks: You are too hasty in your decision, summon aggrieved parties - Ibegbu tells Buhari
dailypost.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypost.ng Daily Mail and Mail on Sunday newspapers.

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