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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.

Inside the Dangote, BUA sugar war

Inside the Dangote, BUA sugar war
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Dangote Sugar Refinery shuts subsidiary in Niger

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