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Sugar War: Ganduje, Kano leaders wade in; meet Dangote, Rabiu The dispute between the duo is over who controls the sugar market in Africa’s biggest economy. 3 min read The latest clash between two of Nigeria’s richest men, Aliko Dangote and Abdul Samad Rabiu, over sugar production in Nigeria has been settled by Governor Abdullahi Ganduje of Kano and Aminu Dantata, a prominent northern billionaire who is Mr Dangote’s uncle. PREMIUM TIMES earlier reported that the dispute between the duo is over who controls the sugar market in Africa’s biggest economy. While Mr Dangote accuses his competitor of attempting to appropriate an undue advantage, Mr Rabiu says Africa’s richest man wants to monopolise the market and manipulate prices. Mr Dangote denied the price-fixing allegation in a statement. ....
Nigeria’s biggest monopolistic Capitalist Dangote, BUA squabbled over multiple issues relating to their interests in cement and sugar. 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. ....
Inside the Dangote, BUA sugar war premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.
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. ADVERTISEMENT 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. ....