Dangote vs BUA: Borrowing from Ganduje’s initiative | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Dangote vs BUA: Borrowing from Ganduje’s initiative | The Guardian Nigeria News - Nigeria and World News


Even Reuters, an international news agency was among reporters of the grudge in 2017 when BUA Group asked President Muhammadu Buhari to intervene in a Dangote mining feud. Both BUA and Dangote have an interest in cement in Nigeria and have expanded rapidly across Africa. A Dangote group spokesman then referred news media to the Mines ministry statement and said he did not wish to comment further on the issue. The Mines ministry said BUA group did not have a mining lease for the disputed site, which is the subject of a legal case. Dangote group, majority owned by Africa’s richest man Aliko Dangote, already has around 70 per cent of market share in terms of output in Nigeria.


Source: The Guardian April 18, 2021 04:41 UTC



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