Dangote, BUA resolve dispute over sugar plant

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CBN

Ganduje, Others Reconcile Dangote, BUA Over Sugar Plant -
The dispute between Dangote and BUA companies owned by two business moguls from the state has finally been settled.
The lingering conflict among the two Kano prominent indigenes Aliko Dangote and Abdussamad Isyaka-Rabi’u over the establishment of a sugar plant by BUA was brought an amicable settlement through the intervention of Governor Abdullahi Ganduje of Kano State
A statement by Abba Anwar, the chief press secretary to the governor in Kano, said the reconciliation meeting took place on Wednesday in Abuja.
He said Aminu Dantata, Kano Emirate and the Kano State Council of Imams joined the governor in the reconciliation meeting.
You would recall that recently there were reports that Dangote complaints about the establishment of a sugar plant by BUA International Limited in the Port Harcourt free trade zone, saying it was out of tune with export laws.
Anwar said that after the meeting, the chairmen of both Dangote and BUA agreed to work together to supply enough sugar to meet the demand of the country.
According to him, the meeting put a stop to all rumours that the businessmen were in dispute over sugar business control in the country.
“They all dismissed allegations that Dangote was planning to see the increase of sugar price, thereby pressurising BUA to succumb to the increment. They described the allegation as baseless and lacking any iota of truth.
“The meeting was seen as the zenith of other similar efforts to reconcile the two giants by the governor. Aminu Alhassan Dantata played the role of a father during the meeting,” Anwar said.
Present at the meeting were the Minister for Commerce, Trade and Investment, Niyi Adebayo and representative of the Kano Emirate, Aminu Dan-Agundi.
All the two business moguls agreed to work together in unity for the growth and development of the nation.(NAN)

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