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Dangote, BUA row spills over to sugar business amid allegation of policy breach


Dangote, BUA row spills over to sugar business amid allegation of policy breach
The two business heavyweights have squabbled over multiple issues relating to their interests in cement and sugar.
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Aliko Dangote and Abdul Samad Rabiu, Africa’s richest and sixth richest men respectively according to
Forbes’s estimate, have squabbled over compliance concerns relating to the backward integration policy of the Nigerian sugar industry, compounding an already messy dispute over the ownership of a cement site.
Mr Dangote, chairman of Dangote Sugar Refinery Plc, told the Minister of Industry, Trade and Investment, Niyi Adebayo, in a letter seen by PREMIUM TIMES that the establishment of a sugar plant by BUA International Limited, owned by Mr Rabiu in the Port Harcourt free trade zone was out of tune with export laws. ....

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